Thomas Anthony Pappas Charitable Foundation Inc
- Assets
- $9.7m
- Revenue
- $536.8k
- Investments
- $9.3m
- Employees
- 0
- Location
- Belmont, MA
- Founding
- 08/1975
- Data as of
- 12/2021
- EIN
- 51-0153284
Organization Overview
Thomas Anthony Pappas Charitable Foundation Inc is located in Belmont, MA. The organization was established in 1975. 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. Thomas Anthony Pappas Charitable 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.
Since 2020, Thomas Anthony Pappas Charitable Foundation Inc has awarded 72 individual grants totaling $412,500. 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Pres., Tr Director | 38 | $161,823 | |
Name Not Listed VP Clk Director | 32 | $47,640 | |
Name Not Listed VP Director | 32 | $47,640 | |
Name Not Listed VP Director | 32 | $120,000 | |
Name Not Listed Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39,546 |
| Dividends & Interest | $47,379 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $536,612 |
| Capital Gain Net Income | $536,612 |
| Net ST Capital Gain | $163,814 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$86,765 |
| Total Revenue | $536,772 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $377,103 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $63,099 |
| Taxes | $30,269 |
| Depreciation | $2,793 |
| Occupancy | $22,721 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80,443 |
| Total operating and administrative expenses | $616,388 |
| Contributions, gifts, grants paid | $197,500 |
| Total expenses and disbursements | $813,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,563 |
| Savings and temporary cash investments | $379,267 |
| 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 | $14,903 |
| Net Investments - land, buildings, equipment | $10,056 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,702,861 |
| 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, Thomas Anthony Pappas Charitable Foundation Inc has awarded $197,500 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: ANNUAL FUND | $1,000 |
AMERICAN CANCER ASSOCIATION PURPOSE: ANNUAL FUND | $1,000 |
AMERICAN HEART ASSOCIATION PURPOSE: ANNUAL FUND | $1,000 |
CAPE COD HOSPITAL FOUNDATION PURPOSE: LIGHTKEEPERS SOCIETY | $15,000 |
CHILDREN'S HOSPITAL PURPOSE: PATIENT FAMILY HOUSING | $5,000 |
AMERICAN LUNG ASSOCIATION PURPOSE: ANNUAL FUND | $1,000 |