Hg & Mr Anderson Foundation
- Assets
- $791.7k
- Revenue
- $76.1k
- Investments
- $372.4k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 22-6390731
Organization Overview
Hg & Mr Anderson Foundation is located in Boston, MA. The organization was established in 0000. 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.
For the year ending 12/2023, Hg & Mr Anderson Foundation generated $76.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $110.4k during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 5 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 2020, Hg & Mr Anderson Foundation has awarded 36 individual grants totaling $336,900. 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
H.G. & M.R. ANDERSON FOUNDATION MAKES GRANTS FOR BROAD CHARITABLE AND EDUCATIONAL RESEARCH PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Zock Jr Trustee | 0 | $0 | |
Robert A Zock Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $40,277 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,747 |
| Capital Gain Net Income | $22,783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $102 |
| Total Revenue | $76,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,160 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,138 |
| Total operating and administrative expenses | $23,182 |
| Contributions, gifts, grants paid | $87,200 |
| Total expenses and disbursements | $110,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $366,509 |
| Savings and temporary cash investments | $52,777 |
| 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 | $17,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $791,672 |
| 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, Hg & Mr Anderson Foundation has awarded $88,200 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WORCESTER ACADEMY PURPOSE: GENERAL PURPOSES | $18,000 |
SAXONS RIVER HISTORICAL PURPOSE: GENERAL PURPOSES | $2,000 |
THE NEW ENGLAND AQUARIUM PURPOSE: GENERAL PURPOSES | $15,000 |
UNION CHURCH OF WABAN PURPOSE: GENERAL PURPOSES | $1,000 |
OLD STURBRIDGE VILLAGE PURPOSE: GENERAL PURPOSES | $20,000 |
THE MUSEUM OF SCIENCE PURPOSE: GENERAL PURPOSES | $20,000 |