The@marshall Home Fund Inc
- Assets
- $1.1m
- Revenue
- $29.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Watertown, MA
- Founding
- 11/2005
- Data as of
- 12/2021
- EIN
- 33-1122321
Organization Overview
The@marshall Home Fund Inc is located in Watertown, MA. The organization was established in 2005. 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. The@marshall Home Fund 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 12/2021, The@marshall Home Fund Inc generated $29.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $106.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@marshall Home Fund Inc has awarded 222 individual grants totaling $637,718. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MADE 2 GRANTS TO OR ON BEHALF OF UNDERSERVED ELDERLY INDIVIDUALS.
THE ORGANIZATION MADE 19 GRANTS TO ORGANIZATIONS FOR THE BENEFIT OF UNDERSERVED ELDERLY INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole Katz Co-President/dir. | 1.5 | $0 | |
Seda Aghamianz Co-President/dir. | 1.5 | $0 | |
David W Downes Treasurer/dir. | 1.5 | $0 | |
Martha Scott Vice President/dir. | 1.5 | $0 | |
Lorraine Clifford Asst. Treas./dir. | 1.5 | $0 | |
Ann Hilferty Secretary/dir. | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,611 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $103,766 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,111 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $12,776 |
| Pension plans, employee benefits | $1,438 |
| Interest | $0 |
| Taxes | $750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,915 |
| Total operating and administrative expenses | $24,799 |
| Contributions, gifts, grants paid | $81,564 |
| Total expenses and disbursements | $106,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,551 |
| Savings and temporary cash investments | $30,186 |
| 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 | $1,121,225 |
| 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, The@marshall Home Fund Inc has awarded $81,564 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Waltham, MA PURPOSE: ELDER INDEPENDENCE& SAFETY FUNDFUND | $12,400 |
METRO WEST COLLABORATIVE PURPOSE: READY RENTER ANDAFFORDABLE HOUSINGPROJECTS | $10,000 |
FRIENDS OF PROJECT LITERACY PURPOSE: ENGLISH LANGUAGEINSTRUCTIONFOR 55+ | $7,300 |
MASS ASSOC FOR THE BLIND PURPOSE: ACCESS TECHNOLOGYTRAINING FORSENIORS | $6,750 |
CASCAP PURPOSE: IMPROVEMENTS TOHANDICAP ENTRANCEMARSHALL PLACE | $5,250 |
WATERTOWN COUNCIL ON AGING PURPOSE: EMERGENCYASSISTANCE BLOCK GRANT | $5,000 |
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 |