Stoneham Charitable Foundation Inc
- Assets
- $53.1k
- Revenue
- $146.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Stoneham, MA
- Founding
- 12/2001
- Data as of
- 04/2024
- EIN
- 04-3578326
Organization Overview
Stoneham Charitable Foundation Inc is located in Stoneham, 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. Stoneham Charitable 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.
Since 2016, Stoneham Charitable Foundation Inc has awarded 231 individual grants totaling $1,159,167. 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 |
|---|---|---|---|
Frederick A Ciampa Director (end 12/2023) | 1 | $0 | |
Donald R Clarke Director (end 5/2023) | 1 | $0 | |
Lorene A Comeau Director (start 5/2023) | 1 | $0 | |
Janice T Houghton Director | 1 | $0 | |
James T Mcintyre Director (start 8/2023) | 1 | $0 | |
John J Melkonian Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $146,557 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $146,557 |
| 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 | $1,534 |
| Total operating and administrative expenses | $3,834 |
| Contributions, gifts, grants paid | $119,550 |
| Total expenses and disbursements | $123,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,104 |
| Savings and temporary cash investments | $0 |
| 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 | $53,104 |
| 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, Stoneham Charitable Foundation Inc has awarded $119,550 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF GREATER BILLERICA PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
AUGUSTINIAN HIGH SCHOOL OF READING MA (AKA AUSTIN PREP) PURPOSE: GENERAL OPERATING SUPPORT | $500 |
BOYS AND GIRLS CLUB OF STONEHAM PURPOSE: GENERAL OPERATING SUPPORT | $18,000 |
BREAD OF LIFE PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
CARITAS COMMUNITIES PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
COMMONWEALTH ZOOLOGICAL CORPORATION PURPOSE: GENERAL OPERATING SUPPORT | $31,250 |