Elisabeth & George Mead Charitable Foundation
- Assets
- $1.7m
- Revenue
- $61.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Norwich, NY
- Founding
- 04/1988
- Data as of
- 12/2022
- EIN
- 22-2864944
Organization Overview
Elisabeth & George Mead Charitable Foundation is located in Norwich, NY. The organization was established in 1988. 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. Elisabeth & George Mead 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 12/2022, Elisabeth & George Mead Charitable Foundation generated $61.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $122.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Elisabeth & George Mead Charitable Foundation has awarded 215 individual grants totaling $1,068,170. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,805 |
| Dividends & Interest | $41,531 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,525 |
| Capital Gain Net Income | $12,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,791 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $447 |
| Total operating and administrative expenses | $19,070 |
| Contributions, gifts, grants paid | $103,750 |
| Total expenses and disbursements | $122,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,779 |
| Savings and temporary cash investments | $8,170 |
| 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 | $1,745,573 |
| 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, Elisabeth & George Mead Charitable Foundation has awarded $103,750 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CORNELL UNIVERSITY PURPOSE: RESEARCH | $2,500 |
CHENANGO MEMORIAL HOSPITAL PURPOSE: RENOVATION OF COMMUNITY CONFERENCE ROOM | $70,000 |
OXFORD CENTRAL SCHOOL PURPOSE: SCHOLARSHIPS | $6,250 |
GREENE CENTRAL SCHOOL PURPOSE: SCHOLARSHIPS | $5,000 |
OXFORD EMERGENCY SQUAD PURPOSE: GENERAL PURPOSES | $2,500 |
CHEN CTY CATHOLIC CHARITIES PURPOSE: GENERAL PURPOSES | $2,500 |