Michele E Dufault Foundation
- Assets
- $1.1m
- Revenue
- $120.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 47-6323640
Organization Overview
Michele E Dufault Foundation is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Michele E Dufault 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 12/2022, Michele E Dufault Foundation generated $120.6k 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 (6.9%) each year. All expenses for the organization totaled $108.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Michele E Dufault Foundation has awarded 49 individual grants totaling $309,000. 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 |
|---|---|---|---|
Diane Dufault Trustee | 1 | $0 | |
Robert Dufault Trustee | 1 | $0 | |
Caroline Dufault Mccormick Trustee | 1 | $0 | |
Nancy Gardiner Trustee | 1 | $9,715 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,075 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,858 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,302 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,715 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,674 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110 |
| Total operating and administrative expenses | $17,975 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $107,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,862 |
| 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 | $1,130,793 |
| 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, Michele E Dufault Foundation has awarded $90,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTIC WHITE SHARK CONSERVANCY PURPOSE: GILLS CLUB PROGRAM | $6,000 |
BACK ON MY FEET PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
BRIGHAM & WOMENS HOSPITAL INC PURPOSE: SUPPORT OF PROGRAMS TO BRING SCIENCE TO CLASSROOOMS | $7,500 |
GIRL SCOUTS OF EASTERN MASSACHUSETTS PURPOSE: STEM PROGRAMMING | $6,000 |
GIRLS INC OF GREATER LOWELL PURPOSE: OPERATION SMART PROGRAM | $5,000 |
LABORATORY SAFETY INSTITUTE PURPOSE: LAB SAFETY EDUCATION SCHOLARSHIPS | $10,000 |