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Also known as: FOUNDATION INC
Newburyport Five Cents Savings Charitable Foundation Inc. is a private corporation based in NEWBURYPORT, MA. The foundation received its IRS ruling in 2003. The principal officer is % Timothy L Felter. It holds total assets of $5.6M. Annual income is reported at $1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Newburyport Five Cents Savings Charitable Foundation Inc. has made 159 grants totaling $1.9M, with a median grant of $5K. Annual giving has grown from $535K in 2021 to $680K in 2023. Grantmaking activity was highest in 2022 with $723K distributed across 47 grants. Individual grants have ranged from $500 to $275K, with an average award of $12K. The foundation has supported 110 unique organizations. The foundation primarily supports organizations in Massachusetts, New Hampshire, Michigan, which account for 99% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Newburyport Five Cents Savings Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 159 grants. Its grantmaking reaches organizations primarily in MA, NH, MI.
Newburyport Five Cents Savings Charitable Foundation Inc. has distributed a total of $1.9M across 159 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $500 to $275K.
The application deadline is NO PARTICULAR DEADLINES. 501(C)(3) PUBLIC CHARITIES QUALIFIED UNDER IRC SECTION 170(C) TO RECEIVE TAX DEDUCTIBLE DONATIONS AND ARE LOCATED IN OR CONTRIBUTE TO THE COMMUNIITES OF GREATER NEWBURYPORT AND TO THE WELFARE OF THE PEOPLE AND INSTITUTIONS OF THESE COMMUNITIES.
Newburyport Five Cents Savings Charitable Foundation Inc. is headquartered in NEWBURYPORT, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kimberley Foulkes | ASSISTANT TREASURER | $0 | $0 | $0 |
| Lloyd Hamm Jr | PRESIDENT | $0 | $0 | $0 |
| Timothy L Felter | TREASURER | $0 | $0 | $0 |
| Elizabeth Blackburn | CLERK | $0 | $0 | $0 |
| Brian G Harrington | ASSISTANT TREASURER | $0 | $0 | $0 |
Total Giving
$686K
Total Assets
$5.3M
Fair Market Value
$5.3M
Net Worth
$5.3M
Grants Paid
$680K
Contributions
$0
Net Investment Income
$366K
Distribution Amount
$246K
Total: $0
Total Grants
159
Total Giving
$1.9M
Average Grant
$12K
Median Grant
$5K
Unique Recipients
110
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newburyport High SchoolEXEMPT PURTPOSE | Newburyport, MA | $14K | 2023 |
| GoodworkEXEMPT PURTPOSE | Partsmouth, NH | $5K | 2023 |
| General Charitable Society Of NewburyportEXEMPT PURTPOSE | Newburyport, MA | $2K | 2023 |
| Salisbury Beach Partnership IncEXEMPT PURTPOSE | Salisbury, MA | $155K | 2023 |
| Stephen Blanchette |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Karen Andreas | DIRECTOR | $0 | $0 | $0 |
| Jeffrey Nahas | DIRECTOR | $0 | $0 | $0 |
| Our Neighbors TableEXEMPT PURTPOSE |
| Amesbury, MA |
| $70K |
| 2023 |
| Wentworth Douglass HospitalEXEMPT PURTPOSE | Dover, NH | $50K | 2023 |
| Anna Jaques Hospital Aid AssociationEXEMPT PURTPOSE | Newburyport, MA | $40K | 2023 |
| Boys & Girls Club Of Greater HaverhillEXEMPT PURTPOSE | Haverhill, MA | $35K | 2023 |
| Newburyport Art AssociationEXEMPT PURTPOSE | Newburyport, MA | $25K | 2023 |
| Great Bay StewardsEXEMPT PURTPOSE | Greenland, NH | $25K | 2023 |
| The Pettengill HouseEXEMPT PURTPOSE | Salisbury, MA | $25K | 2023 |
| Gundalow CompanyEXEMPT PURTPOSE | Portsmouth, NH | $15K | 2023 |
| Seafestival Of TreesEXEMPT PURTPOSE | Salisbury Beach, MA | $15K | 2023 |
| Newburyport Literary Association IncEXEMPT PURTPOSE | Newburyport, MA | $12K | 2023 |
| Merrohawke Nature SchoolEXEMPT PURTPOSE | Newburyport, MA | $10K | 2023 |
| Newburyport Education Foundation IncEXEMPT PURTPOSE | Newburyport, MA | $10K | 2023 |
| Ywca Of NewburyportEXEMPT PURTPOSE | Newburyport, MA | $10K | 2023 |
| Zoo Of New EnglandEXEMPT PURTPOSE | Stoneham, MA | $10K | 2023 |
| Society For The Protection Of Nh ForestsEXEMPT PURTPOSE | Concord, NH | $10K | 2023 |
| Salvation Army - PortsmouthEXEMPT PURTPOSE | Portsmouth, NH | $10K | 2023 |
| Salvation Army - NewburyportEXEMPT PURTPOSE | Newburyport, MA | $10K | 2023 |
| Lucy'S Love Bus Charitable TrustEXEMPT PURTPOSE | Amesbury, MA | $10K | 2023 |
| Massachusetts Audubon SocietyEXEMPT PURTPOSE | Lincoln, MA | $8K | 2023 |
| The Music HallEXEMPT PURTPOSE | Portsmouth, NH | $8K | 2023 |
| Link House IncEXEMPT PURTPOSE | Amesbury, MA | $8K | 2023 |
| Newburyport Maritime SocietyEXEMPT PURTPOSE | Newburyport, MA | $5K | 2023 |
| Victoria'S Victory FoundationEXEMPT PURTPOSE | Stratham, NH | $5K | 2023 |
| Veterans Count Easter Seals NhEXEMPT PURTPOSE | Manchester, NH | $5K | 2023 |
| St Paul'S Episcopal ChurchEXEMPT PURTPOSE | Bedford, MA | $5K | 2023 |
| Seacoast Arts & Cultural AllianceEXEMPT PURTPOSE | Portsmouth, NH | $5K | 2023 |
| Maudslay Arts CenterEXEMPT PURTPOSE | Newburyport, MA | $5K | 2023 |
| Gather (Fka Seacoast Fam Food Pantry)EXEMPT PURTPOSE | Concord, NH | $5K | 2023 |
| First Religious Society Of NewburyportEXEMPT PURTPOSE | Newburyport, MA | $5K | 2023 |
| Essex County Habitat For HumanityEXEMPT PURTPOSE | Danvers, MA | $5K | 2023 |
| 1st Lt Derek Hines Soldiers Assistance FundEXEMPT PURTPOSE | West Newbury, MA | $5K | 2023 |
| Firehouse Center For The ArtsEXEMPT PURTPOSE | Newburyport, MA | $3K | 2023 |
| Vouchers For VeteransEXEMPT PURTPOSE | Rochester, NH | $3K | 2023 |
| Southeast Nh Habitat For HumanityEXEMPT PURTPOSE | Portsmouth, NH | $3K | 2023 |
| Portsmouth Christian AcademyEXEMPT PURTPOSE | Dover, NH | $3K | 2023 |
| Lamprey Health CareEXEMPT PURTPOSE | Newmarket, NH | $3K | 2023 |
| Seacoast Eat LocalEXEMPT PURTPOSE | Lee, NH | $3K | 2023 |
| Fraxa Research FoundationEXEMPT PURTPOSE | Newburyport, MA | $3K | 2023 |
| Jeannie Geiger Crisis Center IncEXEMPT PURTPOSE | Amesbury, MA | $3K | 2023 |
| Community Action Partnership Of StraffordEXEMPT PURTPOSE | Dover, NH | $3K | 2023 |
| Portsmouth Submarine Memorial AssociationEXEMPT PURTPOSE | Portsmouth, NH | $2K | 2023 |
| Newburyport Chamber Music FestivalEXEMPT PURTPOSE | Newburyport, MA | $2K | 2023 |
| Amesbury Public School DistrictEXEMPT PURTPOSE | Amesbury, MA | $2K | 2023 |
| Notredame Christo Rey High SchoolEXEMPT PURTPOSE | Methuen, MA | $2K | 2023 |
| Amesbury Improvement AssociationEXEMPT PURTPOSE | Amesbury, MA | $2K | 2023 |
| Merrimack River Feline Rescue SocietyEXEMPT PURTPOSE | Salisbury, MA | $1K | 2023 |
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