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The Giving Circle

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043484211 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is The Giving Circle?

The Giving Circle is an employee-initiated nonprofit organization, situated in Boston, Massachusetts. Its primary mission is to offer financial aid to individuals and families encountering unforeseen crises, such as medical emergencies, catastrophic natural disasters, and home emergencies. Funded by employee payroll deductions and generous sponsorships, The Giving Circle alleviates the financial burden in these challenging situations. During the year, they extended assistance to 78 individuals, providing a total of $1,218,811 in aid. As a supportive community, The Giving Circle responds to and participates in events that provide hope to those in immediate need, embodying its dedication to helping the Suffolk family and its "extended family" in times of significant hardship.


Official website here: www.suffolkgivingcircle.com/

Is The Giving Circle legitimate?

The Giving Circle is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving Circle submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.suffolkgivingcircle.com/

What is the mission statement of The Giving Circle?

The Giving Circle is an employee-led nonprofit organization aimed at providing support to individuals and families in times of great need. Their mission statement, in essence, is to respond to and participate in events that offer hope to those experiencing immediate hardships. The organization primarily provides financial assistance during medical crises, catastrophic natural events, and home emergencies, stepping in when unforeseen tragedies strike. Funded by employee payroll deductions and generous sponsorship dollars, The Giving Circle helps alleviate the costs associated with such emergencies, extending a helping hand to colleagues and friends in need. In the previous year, they aided 78 individuals, making total payments of $1,218,811.


Official website here: www.suffolkgivingcircle.com/

Who is the CEO of The Giving Circle?

Katherine Maloney is the Director/Trustee (Until May 2022) of The Giving Circle.


Official website here: www.suffolkgivingcircle.com/

What is the revenue of The Giving Circle?

The Giving Circle's revenue in 2022 was $1,516,298.


Official website here: www.suffolkgivingcircle.com/

Who are the executives of The Giving Circle and what are their salaries?

Here are 11 key members and their salaries:

    Stephanie Kenney Senior (Director/Trustee (Until May 2022))
  • Compensation: $0
  • Related: $67,429
  • Other: $5,690

    • Anthony Bartolotta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Canniff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Eastman (Trustee (Until July 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacob Hafensteiner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Kirby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mckernan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Schwieger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Stanley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Tuffo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.suffolkgivingcircle.com/

    Where can I find the form 990 for The Giving Circle?

    The The Giving Circle’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.suffolkgivingcircle.com/

    Learn more at the official website: www.suffolkgivingcircle.com/

    Mission Statement of The Giving Circle

    The Giving Circle is an employee-led nonprofit organization with a mission to extend a helping hand to individuals and families in immediate need. This compassionate entity is dedicated to providing financial assistance during times of great hardship. Funded primarily through employee payroll deductions and generous sponsorship donations, The Giving Circle serves as a vital safety net, alleviating the financial burden caused by medical crises, catastrophic natural disasters, and unforeseen home emergencies. In the recent year, The Giving Circle successfully aided 78 individuals in distress, offering financial relief totaling $1,218,811. By leveraging its resources, this nonprofit plays a crucial role in offering hope and support to those who find themselves in their moment of need.

    Impact

    This information is meant to be a general summary of The Giving Circle. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Giving Circle's impact is significant and tangible, providing hope and financial assistance to individuals and families facing immediate crises. Through employee payroll deductions and generous sponsorships, The Giving Circle has been able to offset the costs of medical crises, natural disasters, and home emergencies for those in need. In the past year, the organization assisted 78 individuals with payments totaling over $1.2 million, demonstrating a direct and meaningful impact on the lives of those in distress. Operating in Boston, MA, The Giving Circle's mission is driven by a dedication to supporting colleagues and friends within the Suffolk family during times of great need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,251,800

    • Assets and Liabilities:
  • Total Assets: $1,857,707
  • Total Liabilities: $87,867
  • Net Assets: $1,769,840
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Katherine Maloney

    Main Address

    65 ALLERTON STREET, BOSTON, MA, 02119

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of The Giving Circle and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.