New Breeze Foundation
- Assets
- $239.7k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, MA
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 04-3510635
Organization Overview
New Breeze Foundation is located in Quincy, MA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. New Breeze 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 12/2023, New Breeze Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New Breeze Foundation has awarded 297 individual grants totaling $51,298,279. 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 |
|---|---|---|---|
Robert T Hale Jr Trustee | 0.25 | $0 | |
Karen R Hale Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,050,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,583 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,060,583 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,250 |
| Contributions, gifts, grants paid | $2,872,580 |
| Total expenses and disbursements | $2,878,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,073 |
| Savings and temporary cash investments | $104,616 |
| 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 | $239,689 |
| 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, New Breeze Foundation has awarded $2,872,580 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOC - MA CHAPTER PURPOSE: UNRESTRICTED CONTRIBUTION | $150 |
BAY COLONY DOLLARS FOR SCHOLARS PURPOSE: UNRESTRICTED CONTRIBUTIONS | $1,500 |
BREAST CANCER RESEARCH FOUNDATION PURPOSE: UNRESTRICTED CONTRIBUTIONS | $2,000 |
BERMUDA ZOOLOGICAL SOCIETY PURPOSE: UNRESTRICTED CONTRIBUTIONS | $300 |
COREY C GIFFIN FOUNDATION PURPOSE: UNRESTRICTED CONTRIBUTIONS | $1,000 |
DANA FARBER CANCER INSTITUTE PURPOSE: UNRESTRICTED CONTRIBUTIONS | $20,000 |