Totals
- Total revenue
- $284,115
- Total expenses
- $321,170
- Contributions and grants received
- $272,103
- Grants paid
- $250,000
- Program service revenue
- $0
- Investment income
- $12,012
- Other revenue
- $0
- Total assets, end of year
- $514,801
- Total liabilities, end of year
- $130,064
- Net assets or fund balances, end of year
- $384,737
- Program services expenses (Part IX)
- $284,817
- Management and general expenses
- $36,353
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $284,817
Program services were 88.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$225,000
-
1f · All other contributions, gifts and grants
$47,103
-
3 · Investment income
total $12,012 · unrelated business $0 · excluded $12,012
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $250,000 · program services $250,000
-
11c · Fees: accounting
total $11,350 · program services $0 · management and general $11,350 · fundraising $0
-
11g · Fees: other
total $26,715 · program services $17,899 · management and general $8,816 · fundraising $0
-
13 · Office expenses
total $10,839 · program services $0 · management and general $10,839 · fundraising $0
-
23 · Insurance
total $468 · program services $0 · management and general $468 · fundraising $0
-
24a · Other expenses: Event Expense
total $14,893 · program services $14,893 · management and general $0 · fundraising $0
-
24b · Other expenses: Membership
total $4,254 · program services $300 · management and general $3,954 · fundraising $0
-
24c · Other expenses: Postage
total $629 · program services $0 · management and general $629 · fundraising $0
-
24d · Other expenses: Bank fees
total $150 · program services $0 · management and general $150 · fundraising $0
-
24e · All other expenses
total $1,872 · program services $1,725 · management and general $147 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $273,203 · end of year $229,433
-
2 · Savings and temporary cash investments
beginning of year $269,606 · end of year $281,468
-
3 · Pledges and grants receivable
beginning of year $21,655 · end of year $3,900
-
17 · Accounts payable and accrued expenses
beginning of year $5,172 · end of year $5,064
-
18 · Grants payable
beginning of year $137,500 · end of year $125,000
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $193,586 · end of year $222,916
-
28 · Net assets with donor restrictions
beginning of year $228,206 · end of year $161,821
Mission and programs · 2024
Mission
The Philanthropy Connections mission is to inspire, teach, and enable women to engage in collective philanthropy, in order to provide grants to charitable organizations that improve the quality of life for low-resource individuals and families living in Massachusetts.
-
To provide grants to charitable organizations that create innovative ways to improve the quality of life for low-resource individuals and families living in Massachusetts.
Expenses $284,817 · Grants $250,000
As filed on the 2024 return.
Listed in Part VII
-
Kelsea Medard
Co-President
- Total calculated
- $0
- Hours/week
- 10
-
Jennifer Morrison
Co-President
- Total calculated
- $0
- Hours/week
- 10
-
Cathy Konicki
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Clare Rager
Clerk
- Total calculated
- $0
- Hours/week
- 5
-
Annemieke Rice
Director
- Total calculated
- $0
- Hours/week
- 5
-
Leslie Levenson
Director
- Total calculated
- $0
- Hours/week
- 5
-
Valerie Godhwani
Director
- Total calculated
- $0
- Hours/week
- 5
-
Sue Meehan
Director
- Total calculated
- $0
- Hours/week
- 5
-
Tatiana Joyce
Director
- Total calculated
- $0
- Hours/week
- 5
-
Leigh Chandler
Director
- Total calculated
- $0
- Hours/week
- 5
-
Bodi Luse
Director
- Total calculated
- $0
- Hours/week
- 5
-
Sarah Rahman
Director
- Total calculated
- $0
- Hours/week
- 5
-
Penny Weeks
Director
- Total calculated
- $0
- Hours/week
- 5
-
Lindsey Donovan
Director
- Total calculated
- $0
- Hours/week
- 5
-
Rosemary Driscoll
Director
- Total calculated
- $0
- Hours/week
- 5
-
Liz Sanchez
Director
- Total calculated
- $0
- Hours/week
- 5
-
May Vaughn
Director
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
To provide funding
-
$25,000
To provide funding
-
$25,000
To provide funding
-
$25,000
To provide funding
-
$25,000
To provide funding
-
To provide funding
-
$25,000
To provide funding
-
$25,000
To provide funding
-
$25,000
To provide funding
-
To provide funding
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 May 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349304649
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.