Greg Hill Foundation FY2021 filing

Tax-deductible

Woburn, MA501(c)(3)Human ServicesEIN 27-2822487

This page gets seen. Tell your story. Claim this org.

The Greg Hill Foundation responds to immediate requests for assistance, to improve the lives of local families touched by tragedy, through matching the charitable donation of greg's media audience.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $362K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $1.3M
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$17K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.9M
+44% vs prior year
Spent
$9.6M
To programs
96%
Net assets
$6.6M
By yearFY2020–FY2024
Revenue
$13.9M
FY2021▲ +44%
Revenue by fiscal year
FY2020$9.6M
FY2021$13.9M
FY2022$4.5M
FY2023$3.9M
FY2024$4.0M
Expenses
$9.6M
FY2021▲ +19%
Expenses by fiscal year
FY2020$8.0M
FY2021$9.6M
FY2022$6.0M
FY2023$5.7M
FY2024$4.8M
Net assets
$6.6M
FY2021▲ +214%
Net assets by fiscal year
FY2020$2.1M
FY2021$6.6M
FY2022$5.0M
FY2023$3.2M
FY2024$4.4M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $9.2M Management & general 1% · $125K Fundraising 2% · $230K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President/Clerk/Director
$0Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
Vice-President/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Greg Hill Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides immediate aid to local families facing tragedy by matching donations.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $9.2M · in their own filed words · FY2021
01

The organization has two grant-making programs 1) to assist in the immediate needs of individuals AND/OR families impacted by a tragic event, and 2) to assist victims of the boston marathon bombing the organization conducts a variety of fundraising events, including road races, entertainment events, and a golf tournament, in order to…

$9.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 15 funders →
Grants paid · 285 grants · $10.0M · 2020–2024
Unitemized GrantFY2024$3,483,942
Unitemized GrantFY2023$575,338
Unitemized GrantFY2023$575,338
Unitemized GrantFY2022$640,295
Unitemized GrantFY2021$1,066,632
Individual RecipientFY2021$55,000
Pasteur Grill and NoodlesFY2021$50,000
Individual RecipientFY2021$50,000
FmpFY2021$50,000
Individual RecipientFY2021$50,000
IzlasFY2021$50,000
Individual RecipientFY2021$50,000
Individual RecipientFY2021$50,000
Individual RecipientFY2021$41,869
Prosper Food CompanyFY2021$25,000
Individual RecipientFY2021$25,000
Kevman LLC DBA GrandchampsFY2021$25,000
Individual RecipientFY2021$25,000
See all 285 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$13.9M
Ln 12
Gifts and grantsLn 1h$14.0M
Investment incomeLn 3$1K
Money outPt IX
$9.6M
Ln 25
Programscol B$9.2M
Managementcol C$125K
Fundraisingcol D$230K
Owns and owesPt X
$6.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$6.6M
LiabilitiesLn 26$17K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.0M
Investment incomeLn 3$1K
Total revenueLn 12$13.9M
Assets in detailPt X, end of year
CashLn 1$1.8M
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$771K
Total assetsLn 16$6.6M
LiabilitiesLn 26$17K
Net assetsLn 32$6.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.5M$1.8M
InvestmentsLn 11–13$565K$771K
Total assetsLn 16$2.1M$6.6M
LiabilitiesLn 26$0$17K
Net assetsLn 32$2.1M$6.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7.2M$7.2M
Grants to domestic individualsLn 2$1.1M$1.1M
Management feesLn 11a$99K$66K$33K
Legal feesLn 11b$500$500
Accounting feesLn 11c$35K$35K
Professional fundraising feesLn 11e$230K$230K
Advertising and promotionLn 12$103K$103K
Office expensesLn 13$49K$49K
OccupancyLn 16$5K$5K
TravelLn 17$2K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$758K$754K$4K
Total functional expensesLn 25$9.6M$9.2M$125K$230K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.0M$4.8M−$820K$4.4M 990 PDF
FY2023 $3.9M$5.7M−$1.8M$3.2M 990 PDF
FY2022 $4.5M$6.0M−$1.5M$5.0M 990 PDF
FY2021 Viewing $13.9M$9.6M$4.3M$6.6M 990 PDF
FY2020 $9.6M$8.0M$1.6M$2.1M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $13,875,487 across 5 lines filed
VIII-1f All other contributions, gifts and grants$14,029,291
VIII-1h Total contributions, gifts and grants$14,029,291
VIII-3 Investment incomeRelated to mission $1,124$1,124
VIII-8 Net income from fundraising eventsExcluded from tax −$154,928−$154,928
VIII-12 Total revenueRelated to mission $1,124 · Unrelated business $0 · Excluded from tax −$154,928$13,875,487
Part IX · Statement of functional expenses $9,567,469 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $7,215,699$7,215,699
IX-2 Grants to domestic individualsPrograms $1,066,632$1,066,632
IX-11a Management feesPrograms $65,756 · Management $32,878$98,634
IX-11b Legal feesManagement $500$500
IX-11c Accounting feesManagement $35,473$35,473
IX-11e Professional fundraising feesFundraising $230,145$230,145
IX-12 Advertising and promotionPrograms $103,061$103,061
IX-13 Office expensesManagement $49,328$49,328
IX-16 OccupancyPrograms $5,407$5,407
IX-17 TravelPrograms $1,994$1,994
IX-23 InsuranceManagement $3,069$3,069
IX-24 Other expenses (24a–d)Programs $753,953 · Management $3,574$757,527
IX-25 Total functional expensesPrograms $9,212,502 · Management $124,822 · Fundraising $230,145$9,567,469
Part X · Balance sheet $6,630,527 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1,529,682$1,768,433
X-4 Accounts receivable$4,090,909
X-11 Publicly traded securitiesStart of year $565,001$771,185
X-16 Total assetsStart of year $2,103,183$6,630,527
X-17 Accounts payable and accrued expenses$17,000
X-26 Total liabilitiesStart of year $0$17,000
X-27 Net assets without donor restrictionsStart of year $2,103,183$1,793,665
X-28 Net assets with donor restrictions$4,819,862
X-32 Total net assets or fund balancesStart of year $2,103,183$6,613,527
X-33 Total liabilities and net assetsStart of year $2,103,183$6,630,527
Part XI · Reconciliation of net assets $6,613,527 net assets at year end
XI-1 Total revenue$13,875,487
XI-2 Total expenses$9,567,469
XI-3 Revenue less expenses$4,308,018
XI-4 Net assets at start of year$2,103,183
XI-5 Net unrealized gains (losses) on investments$202,326
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,613,527

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.