Lachaise Foundation
- Assets
- $3.6m
- Revenue
- -$25.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/1964
- Data as of
- 12/2022
- EIN
- 04-6113196
Organization Overview
Lachaise Foundation is located in Boston, MA. The organization was established in 1964. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lachaise Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frederick D Ballou Trustee | 1 | $8,316 | |
C F David Boit Trustee | 1 | $8,316 | |
Marie P Charles Trustee | 2 | $30,000 | |
Paula R Hornbostel Director & Trustee | 20 | $39,167 | |
Ronald D Spencer Trustee | 1 | $0 | |
Elizabeth Fleming Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,854 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,871 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$71,709 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $2,500 |
| Other Income | $0 |
| Total Revenue | -$25,484 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,799 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,113 |
| Depreciation | $0 |
| Occupancy | $30,123 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $88,946 |
| Total operating and administrative expenses | $278,454 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $278,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,151 |
| Savings and temporary cash investments | $332,000 |
| 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 | $2,169,889 |
| Total assets | $3,640,053 |
| 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 |