Logo for "THE PATRICK J MCGOVERN FOUNDATION INC"

THE PATRICK J MCGOVERN FOUNDATION INC

THE PATRICK J MCGOVERN FOUNDATION INC

BOSTON, MA, US
501(c)(3)
EIN
22-3021586
Private Foundation
Family Foundation
Logo for "THE PATRICK J MCGOVERN FOUNDATION INC"

THE PATRICK J MCGOVERN FOUNDATION INC

BOSTON, MA, US
501(c)(3)
EIN
22-3021586
Private Foundation
Family Foundation

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,264,994

Other
64%
Investments
36%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$77,952,201

Grants
85%
Salaries & Benefits
7%
Other
7%
Fees to Service Providers
<1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,914,445
$2,972,292
+2%
Other
$10,581,118
$5,292,702
-50%
Total Revenues
$13,495,563
$8,264,994
-39%
Expenses
2023
2024
Change
Grants
$65,777,146
$66,220,167
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,845,174
$5,694,910
-3%
Fees to Service Providers
$3,820,622
$720,041
-81%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$3,834
$5,722
+49%
Interest
$0
$0
-
Depreciation
$12,789
$8,100
-37%
Other
$1,379,818
$5,303,261
+284%
Total Expenses
$76,839,383
$77,952,201
+1%
Net income
2023
2024
Change
Net income
-$63,343,820
-$69,687,207
-10%
Income Statement
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