Kathryn Davis Grado Foundation
- Assets
- $2.8m
- Revenue
- $61.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/2017
- Data as of
- 06/2023
- EIN
- 81-6663721
Organization Overview
Kathryn Davis Grado Foundation is located in Boston, MA. The organization was established in 2017. 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. Kathryn Davis Grado 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 06/2023, Kathryn Davis Grado Foundation generated $61.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.7%) each year. All expenses for the organization totaled $247.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Kathryn Davis Grado Foundation has awarded 96 individual grants totaling $872,403. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Garrity Flynn Trustee | 1 | $11,831 | |
Arthur B Page Trustee | 1 | $11,830 | |
Leighann Grado Trustee | 0.5 | $0 | |
Kristina Grado Trustee | 0.5 | $0 | |
Summer Marshall Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,571 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,504 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,661 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,439 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $42,761 |
| Contributions, gifts, grants paid | $205,160 |
| Total expenses and disbursements | $247,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,437 |
| 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 | $0 |
| Total assets | $2,791,991 |
| 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, Kathryn Davis Grado Foundation has awarded $205,160 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF THE LOWCOUNTRY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
CHILD ABUSE PREVENTION ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
DOCTORS WITHOUT BORDERS USA PURPOSE: GENERAL OPERATING SUPPORT | $29,194 |
EVERYTOWN FOR GUN SAFETY SUPPORT FUND INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
FAMILY PROMISE OF BEAUFORT COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
HILTON HEAD PREPARATORY SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |