EIN 20-5036808

Invest in Others Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Invest in Others Charitable Foundation amplifies the charitable work of financial advisors, employees, and their firms. It serves as a catalyst to channel philanthropy and volunteerism to where it is needed most through its awards program. This program recognizes the philanthropic achievements of financial advisors and financial services firms in communities across the country and around the world. Financial advisors are nominated for one of the following categories.
Total revenues
$2,250,876
2022
Total expenses
$2,327,874
2022
Total assets
$2,886,971
2022
Num. employees
9
2022

Program areas at Invest in Others Charitable Foundation

The Invest in Others awards program (the "program") recognizes the philanthropic achievements of financial advisors and financial services firms in communities across the country and around the world. Financial advisors are nominated for five awards. Advisor finalists and winners receive a donation to their designated charities ranging from $25,000 up to $75,000 awards are presented at the annual gala each fall.invest in Others grant programs, including grants for good and grants for change, provide an opportunity for employees of the financial services industry to secure funding for specific programs or projects on behalf of nonprofits that they support. Grant awards range from $5,000 to $25,000 and are distributed throughout the year. The Charitable champions program recognizes financial advisory firms that give back to their communities by promoting a culture of philanthropy amongst their financial advisors and employees.

Grants made by Invest in Others Charitable Foundation

GranteeGrant descriptionAmount
Detroit ImpactAward Honoree$75,000
Martin Avenue ApartmentsAward Honoree$50,000
Womens Education and Leadership LeagueAward Honoree$50,000
...and 32 more grants made totalling $870,500

Who funds Invest in Others Charitable Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$79,500
Franklin Square Capital Partners FoundationMonetary Contribution$70,000
ImpactAssetsGeneral Support$36,000
...and 4 more grants received

Personnel at Invest in Others Charitable Foundation

NameTitleCompensation
Megan McAuleyPresident and Executive Director$259,231
R Barkley PayneCurrent President and Executive Director
Gregory MaynardDirector of Development$128,970
Greg MaynardDirector of Sponsor Engagement
Jessica DunhamProgram Manager / Vice President , Programs and Operations$101,446
...and 8 more key personnel

Financials for Invest in Others Charitable Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,215,837
Program services$0
Investment income and dividends$59,442
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-15,753
Net income from fundraising events$-8,650
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,250,876

Form 990s for Invest in Others Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-11990View PDF
2021-122022-08-10990View PDF
2020-122021-07-23990View PDF
2019-122020-12-01990View PDF
2018-122019-10-11990View PDF
...and 9 more Form 990s

Organizations like Invest in Others Charitable Foundation

OrganizationLocationRevenue
Jimmie Johnson FoundationCharlotte, NC$907,156
The Nascar FoundationDaytona Beach, FL$3,918,753
The Tom Coughlin Jay Fund FoundationJacksonville Beach, FL$4,637,392
University Health Care FoundationAugusta, GA$4,123,621
White River Health System FoundationBatesville, AR$979,653
Emanate Health Foundation (CVHF)Covina, CA$2,563,857
Carle Center for PhilanthropyUrbana, IL$7,867,151
Henry Mayo Newhall Hospital FoundationValencia, CA$4,438,398
Kyle Petty Charity RideCharlotte, NC$1,311,473
Fairfield Medical Center FoundationLancaster, OH$956,684
Data update history
October 22, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Berkshire Bank Foundation
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 6, 2023
Updated personnel
Identified 1 new personnel
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Received grants
Identified 1 new grant, including a grant for $70,000 from Franklin Square Capital Partners Foundation
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsFundraising eventsNational levelCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
10 Stevens St 237
Andover, MA 01810
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
investinothers.org/ 
Phone
(781) 304-4812
IRS details
EIN
20-5036808
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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