Victoria Sousa Foundation
- Assets
- $90.5k
- Revenue
- $8.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bristol, RI
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 47-1984297
Organization Overview
Victoria Sousa Foundation is located in Bristol, RI. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victoria Sousa 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, Victoria Sousa Foundation generated $8.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $23.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Victoria Sousa Foundation has awarded 13 individual grants totaling $110,511. 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
DONATIONS TO AREA CHARITABLE ENTITIES
ANNUAL 5K FUNDRAISER EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Splaine Director | 0 | $0 | |
Catherine Sousa Director | 0 | $0 | |
Deb Nelson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,970 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $781 |
| Total operating and administrative expenses | $829 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $23,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,475 |
| Savings and temporary cash investments | $0 |
| 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 | $90,475 |
| 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, Victoria Sousa Foundation has awarded $22,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST MARY ACADEMY - BAY VIEW PURPOSE: STUDENT FINANCIAL AID | $20,000 |
BISHOP STANG HIGH SCHOOL PURPOSE: FINANCIAL AID | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Victoria Sousa Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |
Thrive Scholars Boston, MA | $14,006,320 | $13,719,971 |
Boston Latin School Association Boston, MA | $71,373,277 | -$8,021,699 |
Feigenbaum Foundation Inc Pittsfield, MA | $77,550,637 | $8,621,230 |
Bpe Roxbury, MA | $4,024,536 | $5,203,233 |
The Francis Ouimet Scholarship Fund Inc Norton, MA | $27,290,373 | $6,126,185 |
Seed Global Health Inc Boston, MA | $17,125,826 | $3,834,795 |
Adopt-A-Student Foundation Boston, MA | $35,377,425 | $24,201,045 |
Garden Homes Fund Stamford, CT | $20,595,820 | $4,598,282 |