Revere Street Charitable Foundation is located in Boston, MA. The organization was established in 2004. 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.
For the year ending 12/2019, Revere Street Charitable Foundation generated $14.8k in total revenue. All expenses for the organization totaled $28.6k during the year ending 12/2019. While expenses have increased by 17.5% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO BENEFIT SCHOLARSHIP AND RESEARCH FUNDS AT SELECTED UNIVERSITIES
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $8,186 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,774 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,580 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $28,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,020 |
| Investments—mortgage loans | $0 |
| Investments—other | $291,910 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Over the last fiscal year, Revere Street Charitable Foundation has awarded $85,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHN'S UNIVERSITY PURPOSE: TO SUPPORT THE KRITZMAN-GORMAN SCHOLARSHIP FUND | $25,000 |
NEW YORK UNIVERSITY STERN SCHOOL OF BUSINESS PURPOSE: DONATION TO SCHOOL OF BUSINESS | $10,000 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: TO SUPPORT THE KRITZMAN-GORMAN RESEARCH FELLOWSHIP FUND | $50,000 |