Greg Hill Foundation
- Assets
- $6.6m
- Revenue
- $13.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Woburn, MA
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-2822487
Organization Overview
Greg Hill Foundation is located in Woburn, MA. The organization was established in 2011. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greg Hill 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 12/2021, Greg Hill Foundation generated $13.9m in total revenue. All expenses for the organization totaled $9.6m during the year ending 12/2021. While expenses have increased by 71.2% per year over the past 7 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, Greg Hill Foundation has awarded 457 individual grants totaling $5,383,011. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GREG HILL FOUNDATION RESPONDS TO IMMEDIATE REQUESTS FOR ASSISTANCE, TO IMPROVE THE LIVES OF LOCAL FAMILIES TOUCHED BY TRAGEDY, THROUGH MATCHING THE CHARITABLE DONATION OF GREG'S MEDIA AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS TWO GRANT-MAKING PROGRAMS 1) TO ASSIST IN THE IMMEDIATE NEEDS OF INDIVIDUALS AND/OR FAMILIES IMPACTED BY A TRAGIC EVENT, AND 2) TO ASSIST VICTIMS OF THE BOSTON MARATHON BOMBING THE ORGANIZATION CONDUCTS A VARIETY OF FUNDRAISING EVENTS, INCLUDING ROAD RACES, ENTERTAINMENT EVENTS, AND A GOLF TOURNAMENT, IN ORDER TO RAISE A POOL OF MATCHING FUNDS TO MEET IMMEDIATE NEEDS OF INDIVIDUALS IMPACTED BY TRAGEDY AND TO EXPAND THE ORGANIZATION'S GRANT-MAKING PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Hill President/clerk/director | OfficerTrustee | 5 | $0 |
Michael Brooks Director | Trustee | 2 | $0 |
John Dooley Vice-President/director | OfficerTrustee | 5 | $0 |
Lindsay Johnson Director | Trustee | 2 | $0 |
David Drubner Director | Trustee | 2 | $0 |
Alan Fisher Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,029,291 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,029,291 |
| Total Program Service Revenue | $0 |
| Investment income | $1,124 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$154,928 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,875,487 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,215,699 |
| Grants and other assistance to domestic individuals. | $1,066,632 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $98,634 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $35,473 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $230,145 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $103,061 |
| Office expenses | $49,328 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,407 |
| Travel | $1,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,069 |
| All other expenses | $0 |
| Total functional expenses | $9,567,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,768,433 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,090,909 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $771,185 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,630,527 |
| Accounts payable and accrued expenses | $17,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,000 |
| Net assets without donor restrictions | $1,793,665 |
| Net assets with donor restrictions | $4,819,862 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,630,527 |
Grants Awarded
Over the last fiscal year, Greg Hill Foundation has awarded $1,851,869 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
FRANCES BRUNCHERY PURPOSE: COVID ASSISTANCE | $55,000 |
HAPPY PANDA PURPOSE: COVID ASSISTANCE | $50,000 |
FMP PURPOSE: COVID ASSISTANCE | $50,000 |
IZLAS PURPOSE: COVID ASSISTANCE | $50,000 |
WATERING BOWL PURPOSE: COVID ASSISTANCE | $50,000 |
SWEET HOME JAMAICA PURPOSE: COVID ASSISTANCE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Greg Hill Foundation has recieved totaling $98,227.
| Awarding Organization | Amount |
|---|---|
Philadelphia Foundation Philadelphia, PA PURPOSE: RESTAURANT STRONG FUND | $50,000 |
New England Patriots Charitable Foundation Inc Foxboro, MA PURPOSE: YOUTH AND FAMILY SERVICES | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $11,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,800 |
Worthwhile Life Incorporated Hingham, MA PURPOSE: DONATION | $3,500 |
Maguire & Keches Projects Foundation Charitable Trust Boston, MA PURPOSE: SUPPORT RECIPIENT'S TAX EXEMPT PROG | $1,000 |
Endowment Analysis
| Beg. Balance | $280,858 |
| Ending Balance | $280,858 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Springfield Rescue Mission Inc Springfield, MA | $3,518,136 | $17,540,773 |
Good Plus Foundation Inc New York, NY | $6,013,741 | $13,844,054 |
Ocean State Job Lot Charitable Foundation North Kingstown, RI | $5,018,116 | $7,935,020 |
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
My Brothers Keeper Inc South Easton, MA | $7,204,366 | $7,147,768 |
Afya Foundation Inc Yonkers, NY | $5,777,434 | $5,238,210 |
Friendly House Inc Worcester, MA | $3,296,125 | $6,043,839 |
Rhode Island Rescue Ministries Providence, RI | $741,664 | $4,494,936 |
National Basketball Players Assoc Foundation New York, NY | $40,266,235 | $3,599,833 |
Bridge Fund Of New York Inc New York, NY | $5,307,792 | $4,504,357 |
Blue Card Inc New York, NY | $3,666,772 | $3,534,542 |