NonprofitsPreparatory Foundation Inc

Public Foundations

Preparatory Foundation Inc

HYDE PARK, MA

Total revenue

$3.2M

Total expenses

$2.9M

Net assets

$12.7M

Grants received

$5.0M

88 grants

EIN

113690799

Tax year

2023

Mission

To provide enhancement of educational college preparatory opportunities in the boston area.

Financials

FY 2023

Revenue

Contributions & grants$930K
Program service revenue$2.1M
Investment income
Other revenue$155K
Total revenue$3.2M

Expenses

Grants paid$814K
Salaries & benefits
Fundraising
Other expenses$2.1M
Total expenses$2.9M
Total assets$63.1M
Net assets$12.7M

People

11 listed

NameRoleCompensation

WILLIAM CLARK

PRESIDENT

Board

1 hrs/wk

CAROL TAYLOR

CLERK

Board

1 hrs/wk

HOWARD MCCUE

TREASURER

Board

1 hrs/wk

JOHN GRANDIN

DIRECTOR

Board

1 hrs/wk

PRESTON MCSWAIN

DIRECTOR

Board

1 hrs/wk

TAMAR DOR-NER

DIRECTOR

Board

1 hrs/wk

JEREMY BENEDICT

DIRECTOR

Board

1 hrs/wk

TOM SORBO

DIRECTOR

Board

1 hrs/wk

BRUCE BUXTON

DIRECTOR

Board

1 hrs/wk

CAROLYN OSTEEN

DIRECTOR

Board

1 hrs/wk

TAMARA OLSEN

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 88 of 88

FromAmountPurposeYear
$50K
Persistence Project
2024
$20K
UNRESTRICTED GENERAL
2024
$15K
BOSTON PREPARATORY CHARTER SCHOOL
2024
$106K
For grant recipient's exempt purposes
2023
$84K
Operating Support/Annual Fund
2023
$25K
EDUCATION
2023
$15K
UNRESTRICTED
2023
$15K
BOSTON PREPARATORY CHARTER SCHOOL
2023
$10K
Community Impact
2023
$5K
Operations budget assistance
2023
$294K
For grant recipient's exempt purposes
2022
$189K
Operating Support/Annual Fund
2022
$60K
DONATION TO ASSIST THE NONPROFIT
2022
$50K
EDUCATION
2022
$31K
OUT-OF-SCHOOL TIME INITIATIVE
2022
$20K
FOR PURPOSE OF DONATION TO CHARITABLE ORGANIZATIONS
2022
$20K
GENERAL SUPPORT
2022
$20K
YOUNG MAN WITH A PLAN GOES TO 8TH GRADE
2022
$15K
UNRESTRICTED
2022
$15K
BOSTON PREPARATORY CHARTER SCHOOL
2022
$12K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
YOUTH PROGRAM
2022
$10K
PHILANTHROPY
2022
$10K
Community Impact
2022
$5K
Operations budget assistance
2022
$5K
Young Man With a Plan fund
2022
$1K
FOR EDUCATIONAL PROGRAMS.
2022
$368K
For grant recipient's exempt purposes
2021
$368K
For grant recipient's exempt purposes
2021
$151K
Operating Support/Annual Fund
2021
$50K
Youth Development
2021
$25K
TO SUPPORT THE DEVELOPMENT OF AN IMPLEMENTATION PLAN THAT OUTLINES THE GOALS, PRIORITIES, ACTIONS AND OWNERS FOR THE AREAS OF FOCUS COMING OUT OF THE TALENT LANDSCAPE ANALYSIS CONDUCTED BY TNTP IN SY21-22
2021
$25K
Community Partnership
2021
$10K
TO IMPLEMENT THE VALOR COLLEGIATE ACADEMIES COMPASS SOCIAL EMOTIONAL LEARNING CURRICULUM AND CIRCLE PRACTICE WITH ALL STUDENTS
2021
$10K
Community Impact
2021
$6K
UNRESTICTED- GENERAL FUND
2021
$3K
Scholarship
2021
$498K
For grant recipient's exempt purposes
2020
$250K
DISASTER RELIEF
2020
$133K
Operating Support/Annual Fund
2020
$75K
EDUCATION
2020
$15K
EXEMPT PURPOSES
2020
$11K
PUBLIC, SOCIETAL BENEFIT
2020
$10K
SY21-22 RACIAL EQUITY SEED FUND GRANT W/ YOUNG MAN WITH A PLAN
2020
$10K
TRAUMA TRAINING RETREAT FOR BLACK MALE EDUCATORS/MENTORS
2020
$8K
Boston Preparatory Charter School
2020
$7K
General Operating Support
2020
$5K
Operations budget assistance
2020
$5K
UNRESTRICTED CONTRIBUTION
2020
$5K
UNRESTRICTED CONTRIBUTION
2020
$2K
EDUCATION
2020
$1K
FOR EDUCATIONAL PROGRAMS.
2020
$315K
For grant recipient's exempt purposes
2019
$92K
Operating Support/Annual Fund
2019
$25K
Emergency Support
2019
$11K
PUBLIC, SOCIETAL BENEFIT
2019
$243K
For grant recipient's exempt purposes
2018
$11K
PUBLIC, SOCIETAL BENEFIT
2018
$10K
Community Impact
2018
$5K
CHARITABLE DONATION
2018
$244K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$150K
Operating Support
2017
$125K
Capital Campaign
2017
$51K
General Support
2017
$20K
Annual Fund
2017

Funded by

$5.0M from 40 funders · 88 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$2.4M · 8 grants · 2017–2023

Boston Foundation Inc

$1.0M · 11 grants · 2017–2023

Wellington Management Foundation

$265K · 5 grants · 2020–2024

Fidelity Non-Profit Management

$250K · 1 grant · 2020

One8 Foundation

$150K · 3 grants · 2020–2023

Life Science Cares Inc

$60K · 1 grant · 2022

Donor Advised Charitable Giving Inc

$58K · 5 grants · 2017–2022

Details

EIN113690799
NTEE codeT30
Subsection03
Ruling date2003-08
Formed2003
Employees0
Volunteers30
PREPARATORY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo