Falcon Charitable Foundation
- Assets
- $5.8m
- Revenue
- $29.2k
- Investments
- $5.5m
- Employees
- 0
- Location
- Damariscotta, ME
- Founding
- 04/1995
- Data as of
- 12/2022
- EIN
- 22-3340779
Organization Overview
Falcon Charitable Foundation is located in Damariscotta, ME. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Falcon 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, Falcon Charitable Foundation generated $29.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $222.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Falcon Charitable Foundation has awarded 16 individual grants totaling $3,218,555. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary F Fiore Trustee | 0 | $0 | |
Robert B Gregory Trustee | 5 | $45,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12 |
| Dividends & Interest | $156,141 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$126,935 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,518 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $100,354 |
| Contributions, gifts, grants paid | $122,000 |
| Total expenses and disbursements | $222,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,578 |
| Savings and temporary cash investments | $160,389 |
| 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 | $5,796,152 |
| 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, Falcon Charitable Foundation has awarded $122,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF OWLS HEAD CONSERVATION COMMISSION PURPOSE: UNRESTRICTED | $5,000 |
TOWN OF DAMARISCOTTA PURPOSE: SIDEWALK PROJECT | $117,000 |