Alexandra M M Gagnon Foundation
- Assets
- $507.8k
- Revenue
- $131.3k
- Investments
- $498.2k
- Employees
- 0
- Location
- Vineyard Haven, MA
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 05-0499622
Organization Overview
Alexandra M M Gagnon Foundation is located in Vineyard Haven, MA. The organization was established in 1998. 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. Alexandra M M Gagnon 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 12/2023, Alexandra M M Gagnon Foundation generated $131.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $125.1k during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Jacques R Gagnon Secretary & Treasurer | 10 | $0 | |
Martha Ann Gagnon Chairman | 10 | $0 | |
J Robert Gagnon Trustee | 1 | $0 | |
Robert M Doyle Trustee | 1 | $0 | |
Cynthia T Doyle Trustee | 1 | $0 | |
Marc Street Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,950 |
| Interest on Savings | $1,448 |
| Dividends & Interest | $29,942 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,004 |
| Capital Gain Net Income | $97,004 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $131,344 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,340 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $350 |
| Total operating and administrative expenses | $4,690 |
| Contributions, gifts, grants paid | $120,370 |
| Total expenses and disbursements | $125,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,975 |
| 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 | $2,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $507,750 |
| 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, Alexandra M M Gagnon Foundation has awarded $120,370 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF MARTHA'S VINEYARD PURPOSE: SUPPORT OF YOUTH CENTER | $117,870 |
MARTHA'S VINEYARD REGIONAL HIGH SCHOOL PURPOSE: SUPPORT OF YOUTH CENTER | $2,500 |