Fieldstone Foundation Inc
- Assets
- $2.7m
- Revenue
- $110.4k
- Investments
- $2.6m
- Employees
- 0
- Location
- Stow, MA
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 22-3111728
Organization Overview
Fieldstone Foundation Inc is located in Stow, MA. The organization was established in 1991. 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. Fieldstone Foundation Inc 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, Fieldstone Foundation Inc generated $110.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $173.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Fieldstone Foundation Inc has awarded 260 individual grants totaling $591,926. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine S Furney Secretary | 1 | $0 | |
Ruth H Shepherd President | 1 | $0 | |
Elizabeth R Beneche Director | 1 | $0 | |
T Nathanael Shepherd Treasurer | 8 | $5,000 | |
Nancy Shepherd Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $67,938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,740 |
| Capital Gain Net Income | $45,740 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,284 |
| Total Revenue | $110,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $773 |
| Taxes | $807 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41 |
| Total operating and administrative expenses | $33,992 |
| Contributions, gifts, grants paid | $139,656 |
| Total expenses and disbursements | $173,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,474 |
| Savings and temporary cash investments | $65,671 |
| 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 | $704,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,693 |
| Total assets | $2,746,499 |
| 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, Fieldstone Foundation Inc has awarded $139,656 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
AUDOBON VERMONT PURPOSE: OPERATIONS BUDGET ASSISTANCE | $3,000 |
APPLE HILL CENTER FOR CHAMBER MUSIC PURPOSE: OPERATIONS BUDGET ASSISTANCE | $50 |
BOSTON BUILDING RESOURCES-REUSE CENTER PURPOSE: OPERATIONS BUDGET ASSISTANCE | $4,000 |
CENTER FOR FAITH ART AND JUSTICE PURPOSE: OPERATIONS BUDGET ASSISTANCE | $5,000 |
CHRISTIAN APPALACHIAN PROJECT PURPOSE: OPERATIONS BUDGET ASSISTANCE | $150 |
CHEMO NOIR PURPOSE: OPERATIONS BUDGET ASSISTANCE | $500 |