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Also known as: ITS VICINITY CHARITABLE FOUNDATION INC
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Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc. is a private corporation based in NEWBURYPORT, MA. The foundation received its IRS ruling in 1997. It holds total assets of $15.1M. Annual income is reported at $3.4M. Total assets have grown from $6.1M in 2011 to $14.2M in 2023. The foundation is governed by 16 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc. has made 987 grants totaling $8.5M, with a median grant of $3K. Annual giving has grown from $1.8M in 2020 to $4.7M in 2022. Individual grants have ranged from $200 to $293K, with an average award of $9K. The foundation has supported 413 unique organizations. The foundation primarily supports organizations in Massachusetts, Virginia, Pennsylvania, which account for 93% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$3K
Average Grant
$9K
Largest Grant
$293K
Based on 264 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 987 grants. Its grantmaking reaches organizations primarily in MA, VA, PA.
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc. has distributed a total of $8.5M across 987 grants. The median grant size is $3K, with an average of $9K. Individual grants have ranged from $200 to $293K.
The application deadline is SEE APPLICATIONS FOR VARIOUS DEADLINES. Awards are to be granted within newburyport, massachusetts, and its vicinity unless an exception is made by the board of trustees to benefit community, charitable, educational, and other benevolent purposes.
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc. is headquartered in NEWBURYPORT, MA. While based in MA, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard J Silverman | TRUSTEE | $0 | $0 | N/A |
| Ellen G Nich | TRUSTEE | $0 | $0 | N/A |
| Amy L Smith | ASST. TREASURER | $0 | $0 | N/A |
| R Drew Marc-Aurele | TRUSTEE | $0 | $0 | N/A |
| Saira Naseer-Ghiasuddin | TRUSTEE | $0 | $0 | N/A |
| Ellen Mackey Rose | TRUSTEE | $0 | $0 | N/A |
| Michael J Jones | PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| James V Ellard | TRUSTEE | $0 | $0 | N/A |
| Cindy M Johnson | TRUSTEE | $0 | $0 | N/A |
| Kimberly A Rock | CLERK/TRUSTEE | $0 | $0 | N/A |
| Freeman J Condon | TRUSTEE (RETIRED 08/2023) | $0 | $0 | N/A |
| Kerri S Perry | TRUSTEE (NEW AS OF 03/2023) | $0 | $0 | N/A |
| John F Leary Iii | TRUSTEE | $0 | $0 | N/A |
| Stephen P Cote | TREASURER | $0 | $0 | N/A |
| Jeremiah T Lewis | TRUSTEE | $0 | $0 | N/A |
| Kevin M Gasiorowski | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2M
Total Assets
$14.2M
Fair Market Value
$14.2M
Net Worth
$14.2M
Grants Paid
$2M
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
$698K
Total: $13.9M
Total Grants
987
Total Giving
$8.5M
Average Grant
$9K
Median Grant
$3K
Unique Recipients
413
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ymca Of The North ShoreEXEMPT PURPOSE | Beverly, MA | $293K | 2022 |
| Essex County Greenbelt AssociationEXEMPT PURPOSE | Essex, MA | $110K | 2022 |
| Our Neighbors' TableEXEMPT PURPOSE | Amesbury, MA | $110K | 2022 |
| Citizens Inn IncEXEMPT PURPOSE | Peabody, MA | $100K | 2022 |
| The Open DoorEXEMPT PURPOSE | Gloucester, MA | $88K | 2022 |
| Anna Jaques Community Health FoundationEXEMPT PURPOSE | Newburyport, MA | $83K | 2022 |
| Family Services Of Merrimack ValleyEXEMPT PURPOSE | Lawrence, MA | $63K | 2022 |
| Ipswich Housing AuthorityEXEMPT PURPOSE | Ipswich, MA | $60K | 2022 |
| Northeast Arc IncEXEMPT PURPOSE | Danvers, MA | $55K | 2022 |
| Harborlight Community PartnersEXEMPT PURPOSE | Beverly, MA | $45K | 2022 |
| Jeanne Geiger Crisis CenterEXEMPT PURPOSE | Amesbury, MA | $43K | 2022 |
| Boys & Girls Club Of Lower Merrimack ValleyEXEMPT PURPOSE | Salisbury, MA | $38K | 2022 |
| Umass AmherstEXEMPT PURPOSE | Amherst, MA | $31K | 2022 |
| The Pettengill HouseEXEMPT PURPOSE | Salisbury, MA | $30K | 2022 |
| Triton Education Foundation IncEXEMPT PURPOSE | Byfield, MA | $30K | 2022 |
| The Children'S Center For CommunicationEXEMPT PURPOSE | Beverly, MA | $25K | 2022 |
| Firehouse Center For The ArtsEXEMPT PURPOSE | Newburyport, MA | $25K | 2022 |
| Wellspring House IncEXEMPT PURPOSE | Gloucester, MA | $25K | 2022 |
| Newburyport Education FoundationEXEMPT PURPOSE | Newburyport, MA | $24K | 2022 |
| Beverly BootstrapsEXEMPT PURPOSE | Beverly, MA | $20K | 2022 |
| Clemson UniversityEXEMPT PURPOSE | Clemson, SC | $20K | 2022 |
| Immaculate Conception SchoolEXEMPT PURPOSE | Newburyport, MA | $18K | 2022 |
| Newburyport Mass Lions Foundation IncEXEMPT PURPOSE | Newburyport, MA | $16K | 2022 |
| Pathways For ChildrenEXEMPT PURPOSE | Gloucester, MA | $15K | 2022 |
| Ywca Greater NewburyportEXEMPT PURPOSE | Newburyport, MA | $15K | 2022 |
| My Brother'S TableEXEMPT PURPOSE | Lynn, MA | $15K | 2022 |
| Salem Pantry IncEXEMPT PURPOSE | Salem, MA | $15K | 2022 |