Ruby W And Lavon P Linn Foundation
- Assets
- $0.0
- Revenue
- $4.9m
- Investments
- $59.4m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2001
- Data as of
- 07/2022
- EIN
- 31-6672883
Organization Overview
Ruby W And Lavon P Linn Foundation is located in Boston, MA. The organization was established in 2001. 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. Ruby W And Lavon P Linn 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 07/2022, Ruby W And Lavon P Linn Foundation generated $4.9m 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 (5.8%) each year. All expenses for the organization totaled $3.8m during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ruby W And Lavon P Linn Foundation has awarded 67 individual grants totaling $12,209,761. 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 |
|---|---|---|---|
William Borek Trustee | 1 | $24,000 | |
Scott G Borek Trustee | 1 | $24,000 | |
William A Lowell Trustee | 1 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,727 |
| Dividends & Interest | $493,343 |
| Profit on Inventory Sales | $0 |
| Other Income | -$96,594 |
| Total Revenue | $4,937,661 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $500,355 |
| Contributions, gifts, grants paid | $3,258,671 |
| Total expenses and disbursements | $3,759,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,373,960 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ruby W And Lavon P Linn Foundation has awarded $3,536,937 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BREAD & ROSES PURPOSE: GENERAL SUPPORT | $20,000 |
CARITAS COMMUNITIES PURPOSE: GENERAL SUPPORT | $89,293 |
CLEAR PATH FOR VETERANS NEW ENGLAND PURPOSE: GENERAL SUPPORT | $26,890 |
FISHER HOUSE FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |
LINN HEALTH & REHABILITION PURPOSE: GENERAL SUPPORT | $114,154 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: HOME BASE VETERAN AND FAMILY CARE | $733,600 |