Douglas & Isabelle Crocker Foundation
- Assets
- $1.9m
- Revenue
- $48.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Leominster, MA
- Founding
- 11/1958
- Data as of
- 11/2023
- EIN
- 04-6044767
Organization Overview
Douglas & Isabelle Crocker Foundation is located in Leominster, MA. The organization was established in 1958. 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. Douglas & Isabelle Crocker 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 11/2023, Douglas & Isabelle Crocker Foundation generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $258.6k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Douglas & Isabelle Crocker Foundation has awarded 148 individual grants totaling $1,255,937. 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 |
|---|---|---|---|
Andre A Gelinas Pres/trustee | 1 | $500 | |
Martin F Connors Jr Treas/trustee | 1 | $500 | |
Linda L Racine Trustee | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $786 |
| Dividends & Interest | $47,686 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$12,341 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,500 |
| Total Revenue | $48,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,080 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $535 |
| Total operating and administrative expenses | $32,250 |
| Contributions, gifts, grants paid | $226,333 |
| Total expenses and disbursements | $258,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,933 |
| Savings and temporary cash investments | $34,889 |
| 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 | $1,868,761 |
| 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, Douglas & Isabelle Crocker Foundation has awarded $226,333 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
GINNY'S HELPING HAND PURPOSE: PROGRAM FUNDING | $8,000 |
CHRIST CHURCH PURPOSE: PROGRAM FUNDING | $20,000 |
JUST UNDERSTAND MY POTENTIAL PURPOSE: PROGRAM FUNDING | $5,000 |
YMCA MONTACHUSETT COMMUNITY BRANCH PURPOSE: PROGRAM FUNDING | $20,000 |
OUR FATHERS HOUSE PURPOSE: PROGRAM FUNDING | $5,000 |
GREATER GARDNER BUSINESS INCUBATOR PURPOSE: PROGRAM FUNDING | $1,000 |