Blue Hills Bank Charitable Foundation Inc
- Assets
- $3.0m
- Revenue
- $244.1k
- Investments
- $2.9m
- Employees
- 0
- Location
- Norwood, MA
- Founding
- Data as of
- 12/2016
- EIN
- 27-4283786
Organization Overview
Blue Hills Bank Charitable Foundation Inc is located in Norwood, MA.
For the year ending 12/2016, Blue Hills Bank Charitable Foundation Inc generated $244.1k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.3% each year . All expenses for the organization totaled $403.7k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kivlehan Treasurer/director | 0.5 | $0 | |
Julie Beckham Clerk/director | 0.5 | $0 | |
Samuel L Smith Jr Director | 0.5 | $1,250 | |
Janice Silk-Kenney Chairperson/director | 0.5 | $10,000 | |
Karen Marryat Director | 0.5 | $0 | |
Renee Owens Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $74,538 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,557 |
| Capital Gain Net Income | $69,557 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $244,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,377 |
| Total operating and administrative expenses | $141,690 |
| Contributions, gifts, grants paid | $262,035 |
| Total expenses and disbursements | $403,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $142,824 |
| 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 | $3,010,727 |
| 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, Blue Hills Bank Charitable Foundation Inc has awarded $262,035 in support to 136 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR LUPUS RESEARCH PURPOSE: PROGRAM SUPPORT | $100 |
ALZHEIMER'S ASSOCIATION PURPOSE: PROGRAM SUPPORT | $435 |
AMERICAN HEART ASSOCIATION INC PURPOSE: PROGRAM SUPPORT | $25 |
AMERICA SCORES NEW ENGLAND PURPOSE: PROGRAM SUPPORT | $100 |
AMERICAN CANCER SOCIETY INC PURPOSE: PROGRAM SUPPORT | $150 |
AMERICAN NATIONAL SOCIETY PURPOSE: PROGRAM SUPPORT | $75 |