Ben E Factors Foundation
- Assets
- $764.0k
- Revenue
- $133.6k
- Investments
- $581.7k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/2001
- Data as of
- 06/2024
- EIN
- 04-3538929
Organization Overview
Ben E Factors Foundation is located in Boston, MA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ben E Factors 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 06/2024, Ben E Factors Foundation generated $133.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $137.2k during the year ending 06/2024. While expenses have increased by 4.4% per year over the past 9 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 2015, Ben E Factors Foundation has awarded 130 individual grants totaling $856,792. 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 |
|---|---|---|---|
Tracy G Rubin Trustee | 1 | $0 | |
Gregory J Rubin Trustee | 1 | $0 | |
Matthew G Rubin Trustee | 1 | $0 | |
Jessica A Rubin Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58 |
| Dividends & Interest | $37,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $96,177 |
| Capital Gain Net Income | $96,177 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $303 |
| Total Revenue | $133,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $303 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $28,889 |
| Contributions, gifts, grants paid | $108,329 |
| Total expenses and disbursements | $137,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,334 |
| Savings and temporary cash investments | $180,972 |
| 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 | $763,956 |
| 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, Ben E Factors Foundation has awarded $108,329 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
HEIFER INTERNATIONAL PURPOSE: ENDING HUNGER & POVERTY FOR | $3,000 |
FUGEES FAMILY INC PURPOSE: REFUGEE YOUTHS WITH | $12,500 |
THE MALALA FUND PURPOSE: GIRLS TO RECEIVE QUALITY | $25,000 |
ALS THERAPY DEVELOPMENT INSTITUTE PURPOSE: FUNDING RESEARCH FOR ALS | $5,000 |
ACLU FOUNDATION PURPOSE: DEFEND AND PRESERVE | $7,500 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: FUNDS FOR PALLIATIVE CARE | $4,579 |