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EIN 20-1798600

Belmont Library Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Belmont
State
Massachusetts
Year formed
2005
Most recent tax filings
2023-06-01
NTEE code, primary
T20: Private Foundations
Description
Belmont Library Foundation is a private foundation in Belmont, MA, which was founded in 2005 and most recently had $285,493 in revenue and no employees.
Total revenues
$285,493
2023
Total expenses
$751,843
2023
Total assets
$651,598
2023
Num. employees
0
2023

Program areas at Belmont Library Foundation

The organization's largest direct charitable activity is to raise funds for the construction of a new Library in the town of Belmont, Massachusetts. The effort is primarily fund raising and promotion of the project among citizens of Belmont.
Revenue from selling investments is the primary means by which the Foundation accomplishes its primary purpose.
Dividend income is used to finance operating expenses and the Foundation's primary purpose of constructing a new Library.

Grants made by Belmont Library Foundation

GranteeGrant descriptionAmount
Bahais of Belmont Town - 8813 Belmont TownLibrary$700,000

Who funds Belmont Library Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cambridge Trust Charitable FoundationExempt Purpose$1,000

Personnel at Belmont Library Foundation

NameTitleCompensation
Chad OnufrechukTreasurer$0
Jeffrey CroninPast Treasurer and Director / Treasurer and Secretary and Director$0

Financials for Belmont Library Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$247,458
Investment income and dividends$37,827
Net rental income$0
Net gain from sale of non-inventory assets$208
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$285,493

Form 990s for Belmont Library Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-14990PFView PDF
2022-062023-01-19990PFView PDF
2021-062022-02-11990PFView PDF
2020-062021-05-19990PFView PDF
2019-062020-10-22990PRView PDF
...and 9 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Cambridge Trust Charitable Foundation
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
336 Concord Ave
Belmont, MA 02478
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
belmontlibraryfoundation.org/ 
Phone
(617) 484-3916
IRS details
EIN
20-1798600
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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