John A Mcneice Jr Charitable Foundation
- Assets
- $71.4m
- Revenue
- $2.9m
- Investments
- $68.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/1997
- Data as of
- 04/2024
- EIN
- 04-3371560
Organization Overview
John A Mcneice Jr Charitable Foundation is located in Boston, MA. The organization was established in 1997. 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. John A Mcneice Jr Charitable Foundation 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 04/2024, John A Mcneice Jr Charitable Foundation generated $2.9m in total revenue. All expenses for the organization totaled $2.9m during the year ending 04/2024. While expenses have increased by 61.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, John A Mcneice Jr Charitable Foundation has awarded 55 individual grants totaling $2,804,780. 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 |
|---|---|---|---|
A Silvana Giner Trustee (end 11/2023) | 1 | $0 | |
Cameron Casey Trustee (start 11/2023) | 1 | $0 | |
John Shaughnessy Jr Trustee | 1 | $0 | |
George Ashur Trustee | 1 | $0 | |
Edward G Casey Trustee | 1 | $0 | |
Margarete A Portanova Trustee/executive Director | 10 | $55,978 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Choate Hall & Stewart | 4/29/24 | $241,440 |
Gw & K Investment Management | 4/29/24 | $154,925 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $800,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,613,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $458,949 |
| Capital Gain Net Income | $458,949 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,872,143 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $88,241 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $112,401 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,904 |
| Total operating and administrative expenses | $625,261 |
| Contributions, gifts, grants paid | $2,302,280 |
| Total expenses and disbursements | $2,927,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,855,378 |
| 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 | $71,443,464 |
| 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, John A Mcneice Jr Charitable Foundation has awarded $2,302,280 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE HIGH SCHOOL PURPOSE: GENERAL PURPOSE | $5,000 |
CAMPAIGN FOR CATHOLIC SCHOOLS PURPOSE: GENERAL PURPOSE | $250,000 |
CATHOLIC CENTER AT NORTHEASTERN UNIVERSITY PURPOSE: GENERAL PURPOSE | $200,000 |
FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENTS PURPOSE: GENERAL PURPOSE | $50,000 |
FRIENDS OF THE UNBORN INC PURPOSE: GENERAL PURPOSE | $50,000 |
HOLY ROSARY SHRINE PURPOSE: GENERAL PURPOSE | $232,280 |