Nypro Foundation Inc
- Assets
- $4.8m
- Revenue
- $99.1k
- Investments
- $4.7m
- Employees
- 0
- Location
- Clinton, MA
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 04-3211993
Organization Overview
Nypro Foundation Inc is located in Clinton, MA. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Nypro 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, Nypro Foundation Inc generated $99.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $304.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Nypro Foundation Inc has awarded 312 individual grants totaling $1,433,225. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore E Lapres III President | 1.5 | $0 | |
John Casali Secretary | 2 | $0 | |
Edward J Philbin III Treasurer | 1.5 | $0 | |
Pamela Ashline Director | 1 | $0 | |
James Buonomo Director | 1 | $0 | |
Lauren Lankton Weisshaar Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $103,108 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$54,133 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $99,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,388 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $304 |
| Total operating and administrative expenses | $49,402 |
| Contributions, gifts, grants paid | $254,800 |
| Total expenses and disbursements | $304,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,831 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,784,244 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Nypro Foundation Inc has awarded $254,800 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
CLINTON ADULT LEARNING CTR PURPOSE: PROGRAM SUPPORT | $30,000 |
VIRGINIA THURSON HEALING GARDEN PURPOSE: PROGRAM SUPPORT | $3,000 |
WHEAT COMMUNITY CONNECTIONS PURPOSE: PROGRAM SUPPORT | $53,000 |
CLINTON EARLY CHILDHOOD RESOURCE CE PURPOSE: PROGRAM SUPPORT | $2,000 |
THE DISCOVERY MUSEUM PURPOSE: PROGRAM SUPPORT | $2,000 |
CLINTON PUBLIC SCHOOLS PURPOSE: PROGRAM SUPPORT | $2,000 |