Alexander Aronson Finning & Co Charitable Foundation
- Assets
- $272.3k
- Revenue
- $78.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Westborough, MA
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 20-7203353
Organization Overview
Alexander Aronson Finning & Co Charitable Foundation is located in Westborough, MA. The organization was established in 2009. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Alexander Aronson Finning & Co Charitable 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, Alexander Aronson Finning & Co Charitable Foundation generated $78.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $23.4k during the year ending 12/2023. While expenses have increased by 0.7% per year over the past 9 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.
Since 2014, Alexander Aronson Finning & Co Charitable Foundation has awarded 720 individual grants totaling $341,577. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023 THE FOUNDATION MADE CONTRIBUTIONS TO APPROXIMATELY 90 PUBLIC CHARITIES FOR PROGRAM SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Mcmanus Trustee | 0 | $0 | |
Carla Mccall Trustee | 0 | $0 | |
Dana Marks Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $3,193 |
| 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 | $200 |
| Total Revenue | $78,393 |
| 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 | $0 |
| Other expenses | $12 |
| Total operating and administrative expenses | $12 |
| Contributions, gifts, grants paid | $23,402 |
| Total expenses and disbursements | $23,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,164 |
| Savings and temporary cash investments | $263,180 |
| 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 | $272,344 |
| 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, Alexander Aronson Finning & Co Charitable Foundation has awarded $23,402 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
ADL FOUNDATION PURPOSE: PROGRAM SUPPORT | $100 |
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $50 |
ALZHEIMERS ASSOCIATION PURPOSE: 2023 WALK - NEPONSET VALLEY | $275 |
ALS ASSOCIATION PURPOSE: PROGRAM SUPPORT | $100 |
AMERICAN DIABETES ASSOCIATION PURPOSE: PROGRAM SUPPORT | $100 |
AMERICAN HEART ASSOCIATION PURPOSE: PROGRAM SUPPORT | $75 |