Lori K And Roland F Pease Jr Foundation Inc
- Assets
- $451.7k
- Revenue
- $74.6k
- Investments
- $381.5k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 26-4665624
Organization Overview
Lori K And Roland F Pease Jr Foundation Inc is located in Boston, MA. The organization was established in 2009. 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. Lori K And Roland F Pease Jr 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, Lori K And Roland F Pease Jr Foundation Inc generated $74.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $91.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lori K And Roland F Pease Jr Foundation Inc has awarded 26 individual grants totaling $171,948. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dudley H Willis Trustee | 1 | $390 | |
Lori K Pease Trustee | 1 | $390 | |
Roland F Pease Jr Trustee | 1 | $390 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,539 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,301 |
| Capital Gain Net Income | $42,850 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,736 |
| Total Revenue | $74,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,170 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $921 |
| Total operating and administrative expenses | $19,493 |
| Contributions, gifts, grants paid | $71,500 |
| Total expenses and disbursements | $90,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,161 |
| 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 | $103,932 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $451,674 |
| 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, Lori K And Roland F Pease Jr Foundation Inc has awarded $71,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS SERVICE COMMITTEE AFSC DEVELOPMENT PURPOSE: GENERAL SUPPORT | $6,000 |
LUCY MCKENZIE HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $2,000 |
BETH ISRAEL DEACONESS HOSPITAL OFFICE OF DEVELOPMENT PURPOSE: INSTALLMENT TO SUPPORT THE RESEARCH OF DR. STEVEN FREEDMAN AND THE DIVISION OF GASTROENTEROLOGY | $20,000 |
MIT COMPARATIVE MEDIA STUDIESWRITINGMASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: TO SUPPORT THE WILLIAM CORBETT POETRY READING SERIES | $3,000 |
NAACP LEGAL DEFENSE & EDUCATION FUND INCCO LDF DEVELOPMENT PURPOSE: GENERAL SUPPORT | $6,000 |
PLANNED PARENTHOOD FEDERATION OF AMERICA PURPOSE: GENERAL SUPPORT | $10,000 |