The Kershaw Foundation Charitable Trust
- Assets
- $44.9k
- Revenue
- $56.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 04-6744975
Organization Overview
The Kershaw Foundation Charitable Trust is located in Boston, MA. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community 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. Kershaw Foundation Charitable Trust 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, Kershaw Foundation Charitable Trust generated $56.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $53.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kershaw Foundation Charitable Trust has awarded 190 individual grants totaling $670,907. 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 |
|---|---|---|---|
Thomas A Kershaw Trustee | 10 | $0 | |
John F Bradley Trustee | 0 | $0 | |
Paul George Trustee | 0 | $0 | |
Doris Gupa Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,900 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,900 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,283 |
| Other expenses | $35 |
| Total operating and administrative expenses | $2,018 |
| Contributions, gifts, grants paid | $51,000 |
| Total expenses and disbursements | $53,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,920 |
| Savings and temporary cash investments | $0 |
| 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 | $44,920 |
| 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, The Kershaw Foundation Charitable Trust has awarded $51,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON AREA CHURCH LEAGUE PURPOSE: UNRESTRICTED | $5,000 |
RON BURTON TRAINING VILLAGE PURPOSE: UNRESTRICTED | $5,000 |
THE JIMMY FUND PURPOSE: UNRESTRICTED | $10,000 |
GLOBE SANTA PURPOSE: UNRESTRICTED | $10,000 |
HARVARD BUSINESS SCHOOL PURPOSE: UNRESTRICTED | $10,000 |
FRIENDS OF THE PUBLIC GARDEN PURPOSE: UNRESTRICTED | $5,000 |