Grand Circle Foundation Inc is located in Boston, MA. The organization was established in 1994. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Circle Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grand Circle Foundation Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Grand Circle Foundation Inc has awarded 87 individual grants totaling $3,090,076. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTEE NAME: SPORTOWOUKRAINE: HOUSING REFUGEES FOR ONE YEAR WITH FOOD AND GOODS TO SUPPORT THEM
GRANTEE NAME: URR POLAND - JOANNA KOMARNICKA HOSTELPOLAND: PROVIDED FOOD, SUPPLIES, ELECTRICITY, LANGUAGE LESSONS, ETC FOR UP TO 200 MOTHERS AND CHILDREN
GRANTEE NAME: URR POLAND - HUMANOSHPOLAND: MEDICAL MISSION OF REFUGEE RELIEF & PURCHASE OF AN AMBULANCE
GRANTEE NAME: HIMALAYAN TRUSTNEPAL: CONTRUCTION OF 24 BED GIRLS' DORMITORY, BATHROOMS & DINING HALL AT THE SHREE BIRENDA JYOTI SECONDARY SCHOOL
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Janice Byrnes Vice President, Treasurer, Clerk  | 22.5 | $0 | |
Charlotte R Lewis Director  | 5 | $0 | |
Edward R Lewis Director  | 5 | $0 | |
Harriet Lewis Director  | 5 | $0 | |
Janice Byrnes Vp, Grand Circle Fou  | 22.5 | $69,230 | |
Barbara Sirigos Director, Grand Circ  | 30 | $40,750 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
Juma Crawford  | 12/30/20 | $50,000 | 
Rsm Us Llp  | 12/30/20 | $45,099 | 
Andersen Tax Llc  | 12/30/20 | $29,200 | 
Kpmg Llp  | 12/30/20 | $25,000 | 
Pinnacle Leadership Foundation  | 12/30/20 | $24,103 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,754,194 | 
| Interest on Savings | $12,865 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $3,767,059 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,545 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $27,626 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $257,762 | 
| Total operating and administrative expenses | $432,762 | 
| Contributions, gifts, grants paid | $2,242,303 | 
| Total expenses and disbursements | $2,675,065 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $4,071,060 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $19,932 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $4,090,992 | 
| Accounts payable and accrued expenses | $531,692 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $125,425 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $49,016 | 
| Total liabilities | $706,133 | 
Over the last fiscal year, Grand Circle Foundation Inc has awarded $2,381,014 in support to 60 organizations.
| Grant Recipient | Amount | 
|---|---|
AMAZON WATCH PURPOSE: GENERAL  | $11,483 | 
AMBOSELI LEWIS SECONDARY SCHOOL PURPOSE: GENERAL  | $1,023 | 
CHANGARWE PRIMARY SCHOOL PURPOSE: GENERAL  | $1,250 | 
SUR PURPOSE: GENERAL  | $2,036 | 
CORAL NURTURE PROGRAM PURPOSE: GENERAL  | $6,275 | 
GENERAL AFRICA PURPOSE: GENERAL  | $10,000 |