The Agape Foundation
- Assets
- $2.3m
- Revenue
- $214.7k
- Investments
- $2.2m
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 03/1987
- Data as of
- 09/2022
- EIN
- 22-2690962
Organization Overview
The Agape Foundation is located in Watertown, MA. The organization was established in 1987. 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. Agape 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 09/2022, Agape Foundation generated $214.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $201.1k during the year ending 09/2022. While expenses have increased by 5.6% per year over the past 6 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 2016, Agape Foundation has awarded 79 individual grants totaling $1,088,439. 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 |
|---|---|---|---|
Lauren Shumway Trustee | 0 | $0 | |
Anthony Palomba Trustee | 0 | $0 | |
Holly Montufar Trustee | 0 | $0 | |
Caroly Shumway Trustee | 0 | $0 | |
Eric Shumway Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $169,090 |
| Capital Gain Net Income | $169,090 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $214,716 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,852 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53 |
| Total operating and administrative expenses | $35,756 |
| Contributions, gifts, grants paid | $165,340 |
| Total expenses and disbursements | $201,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,611 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $118,181 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,346,933 |
| 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, The Agape Foundation has awarded $165,340 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
WE ARE WRITER'S BLOCK PURPOSE: TO SUPPORT THE ORGANIZATION'S ONGOING WORK WITH HOUSTON'S YOUNG WRITERS AND SUPPORT FOR GENERAL AND ADMINISTRATIVE EXPENSES AS WELL AS PROGRAM EXPENSES | $23,620 |
Houston, TX PURPOSE: TO SUPPORT THE ORGANIZATION'S ON-GOING VOTER EDUCATION AND PARTICIPATION ACTIVITIES. | $23,620 |
INTERNATIONAL FOUNDATION PURPOSE: TO SUPPORT THE WORK OF CAUSEGUATEMALA PROJECT, "CAUSE CANADA PROPOSED WATER PROJECTS IN GUATEMALA". | $19,304 |
TIDES FOUNDATION PURPOSE: SUPPORT COMMUNITY-BASED EFFORTS TO INCREASE VOTER REGISTRATION AND TO FACILITATE VOTER PARTICIPATION THROUGH ITS MOVEMENT VOTER FUND. | $18,000 |
New York, NY PURPOSE: TO SUPPORT THE ORGANIZATION'S EFFORTS TO COMBAT VOTER SUPPRESSION AND TO SUPPORT GENDER AND SEXUAL EQUALITY PROGRAMMING. | $17,176 |
Providence, RI PURPOSE: A 501(C)(3) ORGANIZATION WHOSE GOAL IS TO CREATE MATERIALS AND PROGRAMS DESIGNED TO EDUCATE RHODE ISLAND'S CITIZENS ABOUT ENVIRONMENTAL HEALTH AND NATURAL RESOURCE PROTECTION AND RESTORATION. IN ADDITION, TO SUPPORT THE CENTER FOR BEHAVIOR AND CLIMATE BEHAVIOR CHANGE FOR CLIMATE ACTION CHALLENGES. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |