Sharpe Family Foundation
- Assets
- $0.0
- Revenue
- $2.4m
- Investments
- $23.9m
- Employees
- 0
- Location
- Saunderstown, RI
- Founding
- 11/1966
- Data as of
- 12/2021
- EIN
- 13-6208422
Organization Overview
Sharpe Family Foundation is located in Saunderstown, RI. The organization was established in 1966. 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. Sharpe Family 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 12/2021, Sharpe Family Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sharpe Family Foundation has awarded 312 individual grants totaling $6,415,500. 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 |
|---|---|---|---|
Peggy B Sharpe Trustee | 1 | $0 | |
Henry D Sharpe III Trustee | 1 | $0 | |
Douglas B Sharpe Trustee | 1 | $0 | |
Sarah A Sharpe Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42 |
| Dividends & Interest | $427,802 |
| Profit on Inventory Sales | $0 |
| Other Income | $204,625 |
| Total Revenue | $2,441,419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $122,388 |
| Contributions, gifts, grants paid | $1,200,000 |
| Total expenses and disbursements | $1,322,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,861,668 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sharpe Family Foundation has awarded $1,400,000 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ABBE MUSEUM PURPOSE: CHARITABLE | $45,000 |
AUDUBON SOCIETY OF RI PURPOSE: CHARITABLE | $18,000 |
BOSTON FOUNDATION PURPOSE: CHARITABLE | $17,800 |
CERES INC PURPOSE: CHARITABLE | $93,000 |
BROWN UNIVERSITY PURPOSE: EDUCATION | $10,000 |
COMMUNITY SERVINGS PURPOSE: CHARITABLE | $20,000 |