Near Walden Foundation is located in Concord, MA. 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. Near Walden 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 12/2023, Near Walden Foundation generated $672.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (48.1%) each year.
Since 2023, Near Walden Foundation has awarded 12 individual grants totaling $160,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A GRANTMAKING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Gannon Trustee | 1 | $0 | |
David Douglas Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $501,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $75,318 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,822 |
| Capital Gain Net Income | $95,822 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $672,140 |
| 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 | $0 |
| Total operating and administrative expenses | $20,662 |
| Contributions, gifts, grants paid | $160,000 |
| Total expenses and disbursements | $180,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,996,478 |
| 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 | $2,996,478 |
| Accounts payable and accrued expenses | $5,000 |
| 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 | $5,000 |
Over the last fiscal year, Near Walden Foundation has awarded $160,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ACRES FAMILY CHILDCARE PURPOSE: TO SUPPORT EARLY EDUCATION AND FAMILIES | $10,000 |
CONCORD CARLISLE COMMUNITY CHEST PURPOSE: TO SUPPORT FAMILIES AND THE COMMUNITY | $10,000 |
CONCORD CHILDREN'S CENTER PURPOSE: TO SUPPORT EARLY EDUCATION AND FAMILIES | $25,000 |
CONCORD FREE PUBLIC LIBRARY CORP PURPOSE: TO SUPPORT FAMILIES AND EDUCATION | $10,000 |
DISCOVERY MUSEUM INC PURPOSE: TO SUPPORT EDUCATION AND FAMILIES | $20,000 |
GROTON HILL MUSIC CENTER PURPOSE: TO SUPPORT FAMILIES AND EDUCATION | $5,000 |