Genevieve Mcmillan-Reba Stewart Foundation
- Assets
- $7.5m
- Revenue
- $937.1k
- Investments
- $5.9m
- Employees
- 0
- Location
- Norwood, MA
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 56-2293792
Organization Overview
Genevieve Mcmillan-Reba Stewart Foundation is located in Norwood, MA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Genevieve Mcmillan-Reba Stewart 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, Genevieve Mcmillan-Reba Stewart Foundation generated $937.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Genevieve Mcmillan-Reba Stewart Foundation has awarded 211 individual grants totaling $6,990,493. 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 |
|---|---|---|---|
Kibebe Gizaw Trustee | 1 | $4,000 | |
Nancy Murray Trustee | 1 | $4,000 | |
Anne-Marie Stein Trustee | 1 | $4,000 | |
John E Fedele Trustee | 1 | $4,000 | |
Catherine Lalanne Gobet Trustee | 1 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $151,412 |
| Interest on Savings | $90,139 |
| Dividends & Interest | $127,871 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $564,401 |
| Capital Gain Net Income | $564,401 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,246 |
| Total Revenue | $937,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,246 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,798 |
| Total operating and administrative expenses | $133,139 |
| Contributions, gifts, grants paid | $953,612 |
| Total expenses and disbursements | $1,086,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,324,872 |
| Savings and temporary cash investments | $269,785 |
| 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 | $655,961 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,504,781 |
| 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, Genevieve Mcmillan-Reba Stewart Foundation has awarded $953,612 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
1 FOR 3ORG PURPOSE: CHARITABLE | $70,000 |
FRIENDS OF FONDATION DE FRANCE PURPOSE: CHARITABLE | $56,782 |
KING BAUDOUIN FOUNDATION PURPOSE: CHARITABLE | $54,820 |
BALTIMORE DESIGN SCHOOL PURPOSE: CHARITABLE | $50,000 |
Fitchburg, MA PURPOSE: CHARITABLE | $50,000 |
ACLU OF MASSACHUSETTS PURPOSE: CHARITABLE | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |