Roxanne Quimby Foundation Inc
- Assets
- $38.0m
- Revenue
- $2.8m
- Investments
- $37.9m
- Employees
- 0
- Location
- Portland, ME
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 47-5008812
Organization Overview
Roxanne Quimby Foundation Inc is located in Portland, ME. The organization was established in 2016. 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. Roxanne Quimby Foundation 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, Roxanne Quimby Foundation Inc generated $2.8m 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 (3.0%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Roxanne Quimby Foundation Inc has awarded 89 individual grants totaling $7,915,983. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucas St Clair Director | 0.1 | $0 | |
Roxanne Quimby President & Director | 0.5 | $0 | |
Hannah Quimby Secretary & Director | 0.1 | $0 | |
Rachelle Quimby Treasurer & Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $133,940 |
| Dividends & Interest | $724,389 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,977,313 |
| Capital Gain Net Income | $1,977,313 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,835,642 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68,600 |
| Total operating and administrative expenses | $318,860 |
| Contributions, gifts, grants paid | $2,434,343 |
| Total expenses and disbursements | $2,753,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,147 |
| Savings and temporary cash investments | $55,697 |
| 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 | $6,680,233 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,980,106 |
| 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, Roxanne Quimby Foundation Inc has awarded $2,434,343 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CASH TRANSFERS TO SUPPORT KATAHDIN WOODS & WATERS VISITOR CONTACT STATION VIA EPI MONUMENT PROJECTS | $1,678,171 |
Washington, DC PURPOSE: KATAHDIN WOODS AND WATERS NATIONAL MONUMENT | $303,754 |
TIDES INSTITUTE & MUSEUM OF ART PURPOSE: OPERATIONAL SUPPORT | $100,000 |
TIDES INSTITUTE & MUSEUM OF ART PURPOSE: OPERATIONAL SUPPORT | $90,000 |
Washington, DC PURPOSE: ARCHITECTURE FEES TO SUPPORT KATAHDIN WOODS & WATERS VISITOR CONTACT STATION VIA EPI MONUMENT PROJECTS | $79,918 |
Portland, ME PURPOSE: TEXTILE & FASHION DESIGN PROGRAM | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
P M Allen Family Foundation Hanover, NH | $110,796,013 | $13,365,268 |
Rannie Webster Foundation Rye, NH | $21,769,366 | $13,522,122 |
Elmina B Sewall Foundation Freeport, ME | $198,399,545 | $18,229,129 |
Lunder Foundation Portland, ME | $114,918 | $28,179,943 |
Otto And Fran Walter Foundation Inc Boothbay Harbor, ME | $14,780,673 | $2,403,803 |
The Jack & Dorothy Byrne Foundation Inc Hanover, NH | $178,090 | $5,355,970 |
The Birchtree Center Portsmouth, NH | $2,377,101 | $5,561,187 |
The Bill And Joan Alfond Foundation Portland, ME | $33,512,660 | $6,141,856 |
Friends Of Notre-Dame De Paris Inc Etna, NH | $24,880,670 | $12,372,128 |
Sam L Cohen Foundation Portland, ME | $30,483,258 | $3,967,796 |
Huber Foundation Falmouth, ME | $75,719,525 | $3,696,908 |
Albert B Glickman Family Foundation Portland, ME | $24,527,916 | $3,353,968 |