Mooney-Reed Charitable Foundation Tr
- Assets
- $138.3m
- Revenue
- $8.4m
- Investments
- $109.5m
- Employees
- 0
- Location
- Concord, MA
- Founding
- 08/2001
- Data as of
- 12/2022
- EIN
- 04-6948994
Organization Overview
Mooney-Reed Charitable Foundation Tr is located in Concord, MA. The organization was established in 2001. 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. Mooney-Reed Charitable Foundation Tr 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, Mooney-Reed Charitable Foundation Tr generated $8.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $8.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mooney-Reed Charitable Foundation Tr has awarded 311 individual grants totaling $80,198,864. 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 |
|---|---|---|---|
Lisa Mooney Trustee | 1.5 | $0 | |
James F Mooney III Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
First Manhattan Co | 12/30/22 | $230,345 |
First Republic Co | 12/30/22 | $137,616 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $89,042 |
| Dividends & Interest | $748,935 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,218,057 |
| Capital Gain Net Income | $5,158,898 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$690,241 |
| Total Revenue | $8,365,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $674,735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,000 |
| Total operating and administrative expenses | $1,043,695 |
| Contributions, gifts, grants paid | $7,858,500 |
| Total expenses and disbursements | $8,902,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,767,912 |
| 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 | $77,442,839 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $138,266,411 |
| 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, Mooney-Reed Charitable Foundation Tr has awarded $7,858,500 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ACDS FOUNDATION INC PURPOSE: GENERAL FUND | $500,000 |
AMERICAN ENTERPRISE INSTITUTE (AEI) PURPOSE: GENERAL FUND | $100,000 |
BOSTON CHILDREN'S HOSPITAL TRUST PURPOSE: GENERAL FUND | $200,000 |
BOSTON MEDICAL CENTER PURPOSE: HOUSING INITIATIVE | $100,000 |
BOYS & GIRLS CLUB PURPOSE: GENERAL FUND | $25,000 |
CAMP HARBOR VIEW PURPOSE: GENERAL FUND | $50,000 |