Community Foundation

SOUTHCOAST COMMUNITY FOUNDATION INC

SOUTHCOAST COMMUNITY FOUNDATION INC, of NEW BEDFORD, MA, is a Community Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $11.7M in revenue, $7.5M in expenses, $62.0M in total assets. 81 publicly reported grants to this organization, totaling roughly $23.4M, appear in IRS filings.

EIN: 043280353 NEW BEDFORD, MA Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$11.7M
Total Expenses$7.5M
Total Assets$62.0M
Grant Records81
Funding Total$23.4M
Filing Years2019–2024

Mission

UNITING PEOPLE, ORGANIZATIONS, AND RESOURCES TO STRENGTHEN OUR COMMUNITIES.

Where $100 goes at Southcoast Community Foundation Inc

How Southcoast Community Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$8 Management running the organization
$5 Fundraising raising the next dollar

Inside the $87 for programs

$87
Grant making for community needs
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

ED OF PROBABLE FUTURES Alison Smart
DIRECTOR Anne Tangen
DIR. OF FINANCE AND ADMIN Charles Holley
DIRECTOR Cynthia Rose
CHAIR Gail Fortes
DIRECTOR Janet Coquillette

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$21,648,931 55 grants
Economic Development
$743,324 11 grants
Human & Social Services
$348,200 5 grants
Health & Medicine
$345,000 3 grants
Education
$211,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $11.7M $7.5M $62.0M
2023 $10.5M $10.0M $56.0M
2022 $12.8M $8.5M $49.6M
2020 $13.9M $11.2M $47.5M
2019 $7.1M $5.2M $41.9M

Between 2019 and 2024, reported annual revenue grew from $7.1M to $11.7M (+65%), with total assets most recently reported at $62.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SOUTHCOAST COMMUNITY FOUNDATION INC

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