Anna B Stearns Charitable Foundation Inc
- Assets
- $10.5m
- Revenue
- $777.2k
- Investments
- $9.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 02/1967
- Data as of
- 12/2023
- EIN
- 04-6144732
Organization Overview
Anna B Stearns Charitable Foundation Inc is located in Boston, MA. The organization was established in 1967. 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. Anna B Stearns 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.
For the year ending 12/2023, Anna B Stearns Charitable Foundation Inc generated $777.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $945.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Anna B Stearns Charitable Foundation Inc has awarded 230 individual grants totaling $4,223,300. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES GRANTS TO CHARITABLE ORGANIZATIONS. 49 GRANTS WERE MADE IN 2023.
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 |
|---|---|---|---|
Sylvia Simmons Trustee | 0 | $0 | |
Paige Johnson Roth Treasurer | 0 | $150 | |
Jennifer Collins President & Clerk | 0 | $0 | |
Kathryn A Wheeler Trustee | 0 | $150 | |
Katie Smith Milway Trustee | 0 | $150 | |
Alexandra Oliver-Davila Trustee | 0 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $342,213 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $435,013 |
| Capital Gain Net Income | $474,348 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $777,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,028 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $116,203 |
| Total operating and administrative expenses | $195,372 |
| Contributions, gifts, grants paid | $749,700 |
| Total expenses and disbursements | $945,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $966,852 |
| 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 | $10,503,584 |
| 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, Anna B Stearns Charitable Foundation Inc has awarded $749,700 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
CASA MYRNA VAZQUEZ PURPOSE: GENERAL PURPOSES | $15,000 |
SCIENCE CLUB FOR GIRLS PURPOSE: GENERAL PURPOSES | $20,000 |
PLANNED PARENTHOOD LEAGUE PURPOSE: GENERAL PURPOSES | $25,000 |
BIG SISTER ASSN OF GREATER BOSTON PURPOSE: GENERAL PURPOSES | $15,000 |
BIKES NOT BOMBS PURPOSE: GENERAL PURPOSES | $10,000 |
COMMUNITY ART CENTER PURPOSE: GENERAL PURPOSES | $15,000 |