Eaglemere Foundation Inc
- Assets
- $12.8m
- Revenue
- $889.1k
- Investments
- $11.9m
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 09/1998
- Data as of
- 12/2023
- EIN
- 04-3424302
Organization Overview
Eaglemere Foundation Inc is located in Wellesley, MA. The organization was established in 1998. 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. Eaglemere 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 12/2023, Eaglemere Foundation Inc generated $889.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Eaglemere Foundation Inc has awarded 212 individual grants totaling $6,336,987. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn D Sarles MD President | 0 | $0 | |
Daniel Sarles Treasurer/exec Director | 25 | $35,500 | |
Kathryn Garvey Director | 0 | $0 | |
H Jay Sarles Clerk | 0 | $0 | |
Elizabeth Dias Director | 0 | $0 | |
Daniel Dias Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $516,695 |
| Interest on Savings | $0 |
| Dividends & Interest | $306,973 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,430 |
| Capital Gain Net Income | $65,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $889,102 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $269 |
| Total operating and administrative expenses | $119,963 |
| Contributions, gifts, grants paid | $983,973 |
| Total expenses and disbursements | $1,103,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $948,839 |
| 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 | $1,050,102 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,825,854 |
| 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, Eaglemere Foundation Inc has awarded $983,973 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTURER & SCIENTISTS FOR CONSERVATION PURPOSE: GENERAL CONTRIBUTION | $35,569 |
ALASKA CONSERVATION FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $32,286 |
CARE INC PURPOSE: GENERAL CONTRIBUTION | $15,196 |
AMERICAN RIVERS PURPOSE: GENERAL CONTRIBUTION | $15,586 |
ANIMAL RESCUE LEAGUE OF BOSTON PURPOSE: GENERAL CONTRIBUTION | $2,600 |
CHARLES RIVER WATERSHED ASSOC PURPOSE: GENERAL CONTRIBUTION | $15,000 |