Sudbury Foundation
- Assets
- $35.5m
- Revenue
- $1.2m
- Investments
- $33.3m
- Employees
- 0
- Location
- Sudbury, MA
- Founding
- 11/1954
- Data as of
- 12/2023
- EIN
- 04-6037026
Organization Overview
Sudbury Foundation is located in Sudbury, MA. The organization was established in 1954. 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. Sudbury 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, Sudbury Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sudbury Foundation has awarded 1,114 individual grants totaling $12,007,406. 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 |
|---|---|---|---|
Bank Of America Trustee | 0.75 | $136,521 | |
Miner Crary Trustee | 1.15 | $0 | |
Jill Stansky Trustee/chair | 1.15 | $0 | |
Tracy Stewart Trustee | 1.15 | $0 | |
Bill Spencer Trustee | 1.15 | $0 | |
Sonia Shah Executive Director | 40 | $141,362 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $721,375 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $456,957 |
| Capital Gain Net Income | $465,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $290 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,242 |
| Total Revenue | $1,182,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $277,883 |
| Other employee salaries and wages | $80,343 |
| Pension plans, employee benefits | $41,129 |
| Interest | $0 |
| Taxes | $17,770 |
| Depreciation | $32,440 |
| Occupancy | $39,200 |
| Travel, conferences, and meetings | $3,226 |
| Printing and publications | $0 |
| Other expenses | $32,278 |
| Total operating and administrative expenses | $563,806 |
| Contributions, gifts, grants paid | $1,909,203 |
| Total expenses and disbursements | $2,473,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,981 |
| Savings and temporary cash investments | $1,043,837 |
| Net Accounts receivable | $13,510 |
| 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 | $25,800 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,881,675 |
| Net Land, buildings, and equipment | $760,482 |
| Other assets | $300,000 |
| Total assets | $35,452,264 |
| Accounts payable and accrued expenses | $1,722 |
| Grants payable | $485,015 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $61,430 |
| Total liabilities | $548,167 |
Grants Awarded
Over the last fiscal year, Sudbury Foundation has awarded $1,631,188 in support to 144 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF CENTRAL MASS AND METROWEST PURPOSE: CHILDREN, YOUTH & FAMILIES | $20,000 |
BOYS AND GIRLS CLUBS OF METROWEST PURPOSE: CHILDREN, YOUTH & FAMILIES | $100,000 |
CHICA PROJECT PURPOSE: CHILDREN, YOUTH & FAMILIES | $20,000 |
CAMP CASCO PURPOSE: CHILDREN, YOUTH & FAMILIES | $20,000 |
BOYS AND GIRLS CLUB OF ASSABET VALLEY PURPOSE: CHILDREN, YOUTH & FAMILIES | $20,000 |
DANNY'S PLACE YOUTH SERVICES PURPOSE: CHILDREN, YOUTH & FAMILIES | $20,000 |