John P Laucus Foundation
- Assets
- $158.4k
- Revenue
- $8.1k
- Investments
- $145.5k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 06/1998
- Data as of
- 01/2024
- EIN
- 04-3418975
Organization Overview
John P Laucus Foundation is located in Boston, MA. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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 P Laucus 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 01/2024, John P Laucus Foundation generated $8.1k 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 (23.1%) each year. All expenses for the organization totaled $29.5k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence B Cohen Trustee | 1 | $3,586 | |
Carol A Laucus Trustee | 1 | $0 | |
Richard E Desroches Trustee | 1 | $0 | |
Harry S Margolis Trustee | 1 | $1,195 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,130 |
| Dividends & Interest | $6,057 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $911 |
| Capital Gain Net Income | $911 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,781 |
| 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 | $6,516 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $29,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,977 |
| 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 | $91,152 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $158,428 |
| 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 P Laucus Foundation has awarded $23,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
EAST END HOUSE PURPOSE: GENERAL SUPPORT | $2,000 |
GAFNEY LIBRARY PURPOSE: LITERACY PROGRAM | $2,000 |
HAITIAN PROJECT PURPOSE: GENERAL SUPPORT | $3,000 |
JULIE'S FAMILY LEARNING PROGRAM PURPOSE: GENERAL SUPPORT | $2,500 |
ROSIE'S PLACE PURPOSE: GENERAL SUPPORT | $2,000 |
JEWISH FAMILY AND CHILDREN'S SERVICE PURPOSE: CHAI LITERACY FOUNDATION | $4,000 |