Arthur H Cort Family Foundation
- Assets
- $140.3k
- Revenue
- $2.4k
- Investments
- $135.5k
- Employees
- 0
- Location
- South Boston, MA
- Founding
- 05/1973
- Data as of
- 11/2023
- EIN
- 23-7267248
Organization Overview
Arthur H Cort Family Foundation is located in South Boston, MA. The organization was established in 1973. 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. Arthur H Cort Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Arthur H Cort Family Foundation has awarded 131 individual grants totaling $244,310. 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 |
|---|---|---|---|
Ronald Cort Trustee | 0 | $0 | |
Clifford Cort Trustee | 0 | $0 | |
Glenn Cort Trustee | 0 | $0 | |
Jack Cort Trustee | 0 | $0 | |
Lorna Macleod Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,022 |
| Dividends & Interest | $1,529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,150 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1 |
| Total operating and administrative expenses | $4,475 |
| Contributions, gifts, grants paid | $9,366 |
| Total expenses and disbursements | $13,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,803 |
| 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 | $135,538 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $140,341 |
| 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, Arthur H Cort Family Foundation has awarded $9,366 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB PURPOSE: YOUTH DEVELOPMENT | $1,027 |
FEED THE CHILDREN PURPOSE: HUNGER RELIEF ORGANIZATION | $250 |
BAND OF PARENTS PURPOSE: MEDICAL RESEARCH | $500 |
COURAGEOUS SAILING PURPOSE: YOUTH DEVELOPMENT | $800 |
JEWISH COMMUNITY CENTER PURPOSE: AID FOR FOOD MEDICINE AND OTHER ASSISTANCE | $600 |
GREATER BOSTON FOOD BANK PURPOSE: HUNGER PREVENTION | $500 |