Harborone Foundation
- Assets
- $8.1m
- Revenue
- $621.0k
- Investments
- $7.8m
- Employees
- 0
- Location
- Brockton, MA
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 81-2658653
Organization Overview
Harborone Foundation is located in Brockton, MA. The organization was established in 2016. 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. Harborone 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, Harborone Foundation generated $621.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $501.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Harborone Foundation has awarded 253 individual grants totaling $2,234,465. 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 |
|---|---|---|---|
Jennifer White President | 12 | $0 | |
Maureen Wilkinson Treasurer/secretary | 12 | $0 | |
Joseph F Casey Director | 1 | $0 | |
Jeffrey Russell Director,community Repr. | 1 | $0 | |
Patricia Williams Director (left 08-31-22) | 1 | $0 | |
Brenda Diepold Director (started 09-01-22) | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $162,519 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $458,474 |
| Capital Gain Net Income | $458,474 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $620,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $989 |
| Printing and publications | $17 |
| Other expenses | $6,825 |
| Total operating and administrative expenses | $55,515 |
| Contributions, gifts, grants paid | $446,250 |
| Total expenses and disbursements | $501,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $319,829 |
| 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 | $2,165 |
| Total assets | $8,080,380 |
| 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, Harborone Foundation has awarded $465,000 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
FATHER BILL'S & MAINSPRING PURPOSE: FOOD, SHELTER, HOUSING, AND STRATEGIC SOLUTIONS FOR INDIVIDUALS AND FAMILIES | $20,000 |
COMMUNITY SERVINGS INC PURPOSE: MEDICALLY TAILORED NUTRITION PROGRAM IN HARBORONE COMMUNITIES | $10,000 |
HABITAT FOR HUMANITY INTERNATIONAL INC PURPOSE: ATTLEBORO BUILD 2022 | $10,000 |
SOUTH SHORE HABITAT FOR HUMANITY INC PURPOSE: TWO AFFORDABLE CONDOMINIUMS IN COHASSET | $7,500 |
HEALTH IMPERATIVES INC PURPOSE: HEALTHY PLYMOUTH PROJECT | $10,000 |
NEIGHBORWORKS SOUTHERN NEW HAMPSHIRE PURPOSE: HOMETEAM, HOMEBUYER AND FINANCIAL WELLNESS EDUCATION AND COUNSELING SERVICES | $5,000 |