Public Charity

THE GLOUCESTER FUND INC

THE GLOUCESTER FUND INC is a Public Charity headquartered in GLOUCESTER, MA. Financial data from the 2024 filing: $210K revenue, $179K expenses, $332K total assets. 10 publicly reported grants to this organization, totaling roughly $357K, appear in IRS filings.

EIN: 043521016 GLOUCESTER, MA Latest filing: 2024
Total Revenue$210K
Total Expenses$179K
Total Assets$332K
Grant Records10
Funding Total$357K
Filing Years2019–2024

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE CIVIC, CULTURAL, EDUCATIONAL, ATHLETIC AND BENEVOLENT PURPOSES OR ACTIVITIES IN BENEFIT OF THE CITIZENS OF GLOUCESTER, MASSACHUSETTS. ITS MOTTO IS "PARTNERING WITH THE COMMUNITY TO BENEFIT THE COMMUNITY".

Sample Grants Received

2023
COMMUNITY LIFE AND ECONOMIC DEVELOPMENT
$51,000
2023
CARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS
$15,000
2020
For grant recipient's exempt purposes
$6,500
$25,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

PRESIDENT & DIRECTOR Barrett S Pett
TREASURER & DIRECTOR Brent A Tarr
DIRECTOR Eugene P Mondello Jr
CLERK & DIRECTOR Frances Mondello

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$105,000 2 grants
Operating Support
$56,000 1 grant
Unspecified
$55,000 1 grant
OTHER
$55,000 1 grant
COMMUNITY LIFE AND ECONOMIC DEVELOPMENT
$51,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $210K $179K $332K
2023 $188K $164K $327K
2022 $220K $143K $302K
2020 $104K $102K $139K
2019 $186K $293K $136K

Between 2019 and 2024, reported annual revenue grew from $186K to $210K (+13%), with total assets most recently reported at $332K.

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

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