Oneworld Boston Inc
- Assets
- $228.2m
- Revenue
- $9.6m
- Investments
- $225.1m
- Employees
- 0
- Location
- Woburn, MA
- Founding
- 03/2011
- Data as of
- 12/2019
- EIN
- 80-0681389
Organization Overview
Oneworld Boston Inc is located in Woburn, MA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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.
For the year ending 12/2019, Oneworld Boston Inc generated $9.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $20.5m during the year ending 12/2019. While expenses have increased by 11.6% 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 2014, Oneworld Boston Inc has awarded 2,094 individual grants totaling $108,726,179. 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
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William S Cummings President & Trustee | 10 | $0 | |
Joyce M Cummings Treasurer & Trustee | 2 | $0 | |
Patricia A Cummings Psy D Vice President & Trustee | 1 | $0 | |
Marilyn C Morris MD MPH Trustee | 1 | $0 | |
Joel B Swets Executive Director & Clerk | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $85,080 |
| Dividends & Interest | $9,392,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,095 |
| Capital Gain Net Income | $36,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $17,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $89,008 |
| Total Revenue | $9,602,715 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $423,319 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,162 |
| Total operating and administrative expenses | $444,481 |
| Contributions, gifts, grants paid | $20,042,460 |
| Total expenses and disbursements | $20,486,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,253 |
| Savings and temporary cash investments | $3,015,632 |
| 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 | $20,667 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $61,619,652 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $228,169,273 |
| Accounts payable and accrued expenses | $11,000 |
| 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 | $11,000 |
Grants Awarded
Over the last fiscal year, Oneworld Boston Inc has awarded $20,042,460 in support to 394 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERS IN HEALTH PURPOSE: POVERTY ASSISTANCE THIRD WORLD | $4,761,118 |
New York, NY PURPOSE: DEVELOPMENTAL & RELIEF SERVICES | $2,000,000 |
LAHEY HEALTH BEHAVIORAL SERVICES PURPOSE: HEALTHCARE SERVICES | $333,333 |
Peabody, MA PURPOSE: COMMUNITY HOMELESS | $100,000 |
Boston, MA PURPOSE: EDUCATIONAL SCHOLARSHIPS | $100,000 |
Winchester, MA PURPOSE: COMMUNITY AWARENESS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Foundation New York, NY | $474,828,323 | $16,578,389 |
John A Hartford Foundation New York, NY | $603,088,117 | $22,940,561 |
Phillip And Susan Ragon Foundation Cambridge, MA | $199,140,850 | $3,803,609 |
Goldman Sachs Foundation New York, NY | $593,971,382 | $30,787,463 |
Massmutual Foundation Inc Springfield, MA | $30,226,146 | $32,040,776 |
Oneworld Boston Inc Woburn, MA | $228,169,273 | $9,602,715 |
Foundation For Opioid Response Efforts New York, NY | $89,893,638 | $3,314,751 |
Blackstone Charitable Foundation New York, NY | $0 | $5,317,902 |
Cullen Foundation Buffalo, NY | $104,108,484 | $4,721,956 |
Deloitte Foundation Stamford, CT | $28,983,661 | $11,171,667 |
Brooklyn Community Foundation Brooklyn, NY | $76,726,622 | $7,587,394 |
Friends Of Ahavat Shalom Inc Monsey, NY | $2,196,588 | $7,837,037 |