The Ceres Foundation Inc 43j-74d54
- Assets
- $175.2m
- Revenue
- $68.1m
- Investments
- $168.8m
- Employees
- 0
- Location
- Groton, MA
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 91-2170962
Organization Overview
The Ceres Foundation Inc 43j-74d54 is located in Groton, MA. The organization was established in 2002. 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. Ceres Foundation Inc 43j-74d54 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, Ceres Foundation Inc 43j-74d54 generated $68.1m in total revenue. All expenses for the organization totaled $7.2m during the year ending 12/2022. While expenses have increased by 38.2% 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.
Since 2020, Ceres Foundation Inc 43j-74d54 has awarded 98 individual grants totaling $10,293,000. 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 |
|---|---|---|---|
Daniel C Milder President | 1 | $0 | |
Donald B Milder Treasurer | 1 | $0 | |
Terri L Milder Secretary | 1 | $0 | |
Emily B Milder Director | 1 | $0 | |
Ryan F Bradley Director | 1 | $0 | |
Zachary D Milder Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evoke Advisors | 12/30/22 | $351,964 |
Elissa Ryan Coaching & Consulting Llc | 12/30/22 | $70,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $63,255,150 |
| Interest on Savings | $15 |
| Dividends & Interest | $3,267,904 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,577,470 |
| Capital Gain Net Income | $63,429,182 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$5,620 |
| Total Revenue | $68,094,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $234,750 |
| Pension plans, employee benefits | $22,500 |
| Interest | $0 |
| Taxes | $2,397,761 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,237 |
| Printing and publications | $0 |
| Other expenses | $15,907 |
| Total operating and administrative expenses | $3,211,073 |
| Contributions, gifts, grants paid | $3,985,000 |
| Total expenses and disbursements | $7,196,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,489,731 |
| 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 | $59,145,651 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $951,500 |
| Total assets | $175,242,197 |
| 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, The Ceres Foundation Inc 43j-74d54 has awarded $5,705,000 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT INSTITUTE OF SCIENTIFIC STUDIES PURPOSE: GENERAL OPERATING SUPPORT | $120,000 |
CAPITAL PARTNERS FOR EDUCATION PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
CHILD ADVOCATES OF SAN BERNARDINO COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER INC PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
COMMUNITY ADOLESCENT RESOURCES AND EDUCATION CENTER INC PURPOSE: SUPPORT AND EXPAND THE BARD MICROCOLLEGE PROGRAM FOR LOW-INCOME WOMEN | $250,000 |
COVENANT HOUSE CALIFORNIA PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |