Grenfell Association Of America
- Assets
- $17.6m
- Revenue
- $1.1m
- Investments
- $16.0m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 13-6083942
Organization Overview
Grenfell Association Of America is located in Boston, MA. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Grenfell Association Of America 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, Grenfell Association Of America generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Grenfell Association Of America has awarded 193 individual grants totaling $4,181,042. 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 |
|---|---|---|---|
R Keating Hagmann President Emeritus | 0.5 | $0 | |
Cynthia A Roney President And Director | 0.5 | $0 | |
Timothy Simpson Vice President And Secretary | 0.25 | $0 | |
Jennifer Smith Treasurer | 3 | $0 | |
Tyler White Director | 0.25 | $0 | |
Belle Potter Marks Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brown Brothers Harriman | 12/30/21 | $113,533 |
International Grenfell Association | 12/30/21 | $52,514 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,817 |
| Dividends & Interest | $280,066 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $820,340 |
| Capital Gain Net Income | $820,340 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,899 |
| Total Revenue | $1,117,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,467 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,688 |
| Printing and publications | $0 |
| Other expenses | $6,027 |
| Total operating and administrative expenses | $270,009 |
| Contributions, gifts, grants paid | $925,788 |
| Total expenses and disbursements | $1,195,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151 |
| Savings and temporary cash investments | $1,605,127 |
| 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 | $17,556 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,384,447 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,635,992 |
| Accounts payable and accrued expenses | $56,215 |
| Grants payable | $295,567 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $35,000 |
| Total liabilities | $386,782 |
Grants Awarded
Over the last fiscal year, Grenfell Association Of America has awarded $1,268,727 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
AURORA NORDIC SKI CLUB PURPOSE: SUPPORT FOR SENIORS' ACTIVITIES | $6,173 |
CANADIAN CANCER SOCIETY PURPOSE: PURCHASE OF CANCER FIGHTING EQUIPMENT | $6,620 |
CHARLOTTETOWN VOLUNTEER FIRE DEPARTMENT PURPOSE: PURCHASE OF FIRE FIGHTING EQUIPMENT | $5,063 |
FIRST STEP PURPOSE: MEDICAL TRAVEL ASSISTANCE | $23,366 |
FORTEAU VOLUNTEER FIRE BRIGADE PURPOSE: PURCHASE OF FIRE FIGHTING EQUIPMENT | $15,577 |
ENGLEE FIRE DEPARTMENT PURPOSE: PURCHASE OF FIRE FIGHTING EQUIPMENT | $4,050 |