Talman Charitable Foundation
- Assets
- $11.0k
- Revenue
- $53.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-3855758
Organization Overview
Talman Charitable Foundation is located in Worcester, MA. The organization was established in 2018. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Talman Charitable 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, Talman Charitable Foundation generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $72.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Talman Charitable Foundation has awarded 15 individual grants totaling $100,950. 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 |
|---|---|---|---|
David Talman Trustee | 0 | $0 | |
Donna H Talman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $741 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,353 |
| Capital Gain Net Income | $52,353 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,094 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $495 |
| Total operating and administrative expenses | $2,046 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $72,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,003 |
| 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 | $11,003 |
| 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, Talman Charitable Foundation has awarded $100,950 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: FACULTY OF ARTS & SCIENCES FOR THE GENERAL SUPPORT FOR STEM CELL RESEARCH | $20,000 |
Cambridge, MA PURPOSE: FACULTY OF ARTS & SCIENCES FOR THE GENERAL SUPPORT FOR STEM CELL RESEARCH | $20,000 |
Cambridge, MA PURPOSE: FACULTY OF ARTS & SCIENCES FOR THE GENERAL SUPPORT FOR STEM CELL RESEARCH | $20,000 |
CAMPAIGN CLARK PURPOSE: ALLOWING STUDENTS, FACULTY AND THE ENTIRE CLARK COMMUNITY TO EXPERIENCE THE UNIVERSITY'S UNIQUE ACADEMIC APROGRAMS | $10,000 |
CAMPAIGN CLARK PURPOSE: ALLOWING STUDENTS, FACULTY AND THE ENTIRE CLARK COMMUNITY TO EXPERIENCE THE UNIVERSITY'S UNIQUE ACADEMIC APROGRAMS | $10,000 |
CAMPAIGN CLARK PURPOSE: ALLOWING STUDENTS, FACULTY AND THE ENTIRE CLARK COMMUNITY TO EXPERIENCE THE UNIVERSITY'S UNIQUE ACADEMIC APROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Investors Exchange Inc New York, NY | $5,443,733 | $3,429,214 |
Jwm Iii Family Foundation Inc Moultonborough, NH | $728,590 | $501,035 |
Goodness Web Foundation Wayland, MA | $4,775,064 | $5,142,926 |
Community Inroads Inc North Andover, MA | $243,018 | $0 |
M&g Charitable Foundation Brooklyn, NY | $0 | $55,000 |
Ben-Abou Foundation Brooklyn, NY | $505,217 | $50,000 |
Talman Charitable Foundation Worcester, MA | $11,003 | $53,094 |
The Edward And Teresa Nolan Family Foundation Inc Westhampton, NY | $945,021 | $478,897 |
Latin American Studies For The Professions Inc Plattsburgh, NY | $811,121 | $25,891 |
Lourdes Employeees Charitable Contribution Organization Binghamton, NY | $56,838 | $0 |
Beautiful Mess Ministries Inc Sodus, NY | $12,156 | $0 |
Put On A Smile Inc Hewlett, NY | $626,724 | $225,073 |