Abbot & Dorothy H Stevens Foundation
- Assets
- $21.3m
- Revenue
- $536.3k
- Investments
- $20.1m
- Employees
- 0
- Location
- North Andover, MA
- Founding
- 04/1954
- Data as of
- 12/2022
- EIN
- 04-6107991
Organization Overview
Abbot & Dorothy H Stevens Foundation is located in North Andover, 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. Abbot & Dorothy H Stevens 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 12/2022, Abbot & Dorothy H Stevens Foundation generated $536.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Abbot & Dorothy H Stevens Foundation has awarded 15 individual grants totaling $777,500. 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 |
|---|---|---|---|
Joshua L Miner Trustee | 0 | $0 | |
Deborah D Putnam Trustee | 0 | $0 | |
Christopher W Rogers Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $377,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128,588 |
| Capital Gain Net Income | $128,588 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,208 |
| Total Revenue | $536,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,916 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $196,014 |
| Total operating and administrative expenses | $309,186 |
| Contributions, gifts, grants paid | $1,319,200 |
| Total expenses and disbursements | $1,628,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,020 |
| Savings and temporary cash investments | $1,125,408 |
| 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 | $21,272,598 |
| 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 | $69,582 |
| Total liabilities | $69,582 |
Grants Awarded
Over the last fiscal year, Abbot & Dorothy H Stevens Foundation has awarded $410,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY SERVICES OF THE MERRIMACK VA PURPOSE: RENOVATION TO 430 N. CANAL STREET PR | $150,000 |
LAWRENCE COMMUNITY WORKS PURPOSE: CAPITAL FUNDING FOR THE RELOCATION | $100,000 |
GREATER LAWRENCE COMMUNITY BOATING PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
MERRIMACK RIVER WATERSHED COUNCIL PURPOSE: LAWRENCE PROGRAMMING AND EDUCATIONAL | $30,000 |
PINGREE SCHOOL FOR PREP PINGREE PURPOSE: FOR THE BENEFITS OF STUDENTS FROM LA | $15,000 |
INSTITUTE FOR NON-PROFIT PRACTICE PURPOSE: LAWRENCE FELLOWSHIPS | $70,000 |