Moderna Charitable Foundation Inc
- Assets
- $42.9m
- Revenue
- $50.7m
- Investments
- $42.8m
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- Data as of
- 12/2022
- EIN
- 87-1807181
Organization Overview
Moderna Charitable Foundation Inc is located in Cambridge, MA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moderna Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Moderna Charitable Foundation Inc has awarded 11 individual grants totaling $8,568,313. 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 |
|---|---|---|---|
Catherine Cronin Director | 1 | $0 | |
Tracey Franklin Director | 1 | $0 | |
Stephen Hoge Director | 1 | $0 | |
Shannon Klinger Director And President | 2 | $0 | |
Paul Baranello Treasurer | 4 | $0 | |
Brian Sandstrom Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000,000 |
| Interest on Savings | $672,875 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,672,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,350 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $649 |
| Total operating and administrative expenses | $50,449 |
| Contributions, gifts, grants paid | $8,593,314 |
| Total expenses and disbursements | $8,643,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,720 |
| Savings and temporary cash investments | $0 |
| 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 | $42,873,695 |
| Accounts payable and accrued expenses | $844,583 |
| 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 | $844,583 |
Grants Awarded
Over the last fiscal year, Moderna Charitable Foundation Inc has awarded $8,568,313 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
LIFE SCIENCE CARES INC PURPOSE: PROGRAM SUPPORT | $500,000 |
INTERNATIONAL RESCUE COMMITTEE INC PURPOSE: PROGRAM SUPPORT | $2,500,000 |
HEADING HOME INC PURPOSE: PROGRAM SUPPORT | $1,000,000 |
YEAR UP INC PURPOSE: PROGRAM SUPPORT | $500,000 |
BOSTON MEDICAL CENTER CORPORATION PURPOSE: PROGRAM SUPPORT | $153,194 |
AMERICAN ONLINE GIVING FOUNDATION INC PURPOSE: PROGRAM SUPPORT | $3,549,642 |