Trowbridge Foundation
- Assets
- $2.0m
- Revenue
- $49.3k
- Investments
- $1.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1997
- Data as of
- 03/2024
- EIN
- 04-3372063
Organization Overview
Trowbridge Foundation is located in Boston, MA. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trowbridge 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 03/2024, Trowbridge Foundation generated $49.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.7%) each year. All expenses for the organization totaled $108.4k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Trowbridge Foundation has awarded 68 individual grants totaling $334,461. 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 |
|---|---|---|---|
Kristin T Abati Trustee | 1 | $0 | |
Caroline W Morong Trustee | 1 | $0 | |
Wayne P Morong Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,326 |
| Capital Gain Net Income | $16,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $23,367 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $108,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $107,615 |
| 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 | $1,981,077 |
| 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, Trowbridge Foundation has awarded $85,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BAY CHAMBER CONCERTS PURPOSE: GENERAL PURPOSE | $5,000 |
CAMDEN OPERA HOUSE PURPOSE: GENERAL PURPOSE | $500 |
COASTAL MOUNTAINS LAND TRUST PURPOSE: GENERAL PURPOSE | $2,000 |
HURRICANE ISLAND FOUNDATION PURPOSE: GENERAL PURPOSE | $500 |
NEW HOPE MIDCOAST PURPOSE: GENERAL PURPOSE | $5,000 |
KNOX COUNTY HOMELESS COALITION PURPOSE: GENERAL PURPOSE | $35,000 |