Brian And Carolyn Clement Family Foundation
- Assets
- $826.9k
- Revenue
- $73.6k
- Investments
- $820.7k
- Employees
- 0
- Location
- Cumberland Foreside, ME
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 82-6396136
Organization Overview
Brian And Carolyn Clement Family Foundation is located in Cumberland Foreside, ME. The organization was established in 2017. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brian And Carolyn Clement Family 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, Brian And Carolyn Clement Family Foundation generated $73.6k in total revenue. All expenses for the organization totaled $29.0k during the year ending 12/2022. While expenses have increased by 33.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Clement Chairman & Treasurer | 1 | $0 | |
Carolyn Clement Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,375 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,211 |
| Capital Gain Net Income | $70,211 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $73,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,373 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,741 |
| Contributions, gifts, grants paid | $23,300 |
| Total expenses and disbursements | $29,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,112 |
| 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 | $600,083 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $826,853 |
| 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, Brian And Carolyn Clement Family Foundation has awarded $23,300 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ALMOST HOME RESCUE PURPOSE: CHARITABLE SUPPORT | $2,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: CHARITABLE SUPPORT | $1,000 |
DANA FARBER JIMMY FUND WALK PURPOSE: CHARITABLE SUPPORT | $250 |
FALMOUTH FOOD PANTRY PURPOSE: CHARITABLE SUPPORT | $6,000 |
HABITAT FOR HUMANITY PURPOSE: CHARITABLE SUPPORT | $200 |
FRIENDS OF CASCO BAY PURPOSE: CHARITABLE SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Wright Museum Of World War Ii Wolfeboro, NH | $5,369,611 | $453,597 |
Exeter Area New Car Dealers Association Exeter, NH | $118,240 | $221,716 |
Shutterbugs 4 Charity Saco, ME | $97,352 | $0 |
Boothbay Region Art Foundation Inc Boothbay Harbor, ME | $43,720 | $0 |
Little Harbor Chapel-Trust U/W Arthur A Carey Art 13 Portsmouth, NH | $557,581 | $20,746 |
Dancers At Heart Concord, NH | $20,513 | $0 |
Jean Noble Neal Trust U W Bedford, NH | $506,959 | $14,545 |
Brian And Carolyn Clement Family Foundation Cumberland Foreside, ME | $826,853 | $73,586 |
Meadowbrook Performing Arts Charitable Foundation Inc Gilford, NH | $0 | $0 |
Tr U-Art 7 Owo Mary A Falvey Bo Hawthorne House & Ecumenical Ctr H Portland, ME | $678,085 | $19,380 |
Keeping Inspiration Dynamic Inc Seabrook, NH | $293 | $0 |