Mount Laurel Foundation Inc is located in Manchester, VT. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2024, Mount Laurel Foundation Inc generated $28.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $48.4k during the year ending 06/2024. While expenses have increased by 2.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mount Laurel Foundation Inc has awarded 136 individual grants totaling $370,362. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHSHIRE DAY SCHOOL - ANNUAL GRANT PAYMENT
SPECIAL OLYMPICS VERMONT - ANNUAL GRANT PAYMENT
VERMONT ACHIEVEMENT CENTER - ANNUAL GRANT PAYMENT
VERMONT ADAPTIVE SKI & SPORTS - ANNUAL GRANT PAYMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Meghan Meszkat Secretary | 0 | $0 | |
John Alexopoulos Vice President | 0 | $0 | |
Philip Petersen Trustee | 0 | $0 | |
Suzanne Bessette Trustee | 0 | $0 | |
Arthur Short President | 0 | $0 | |
Edgar T Campbell Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $14,777 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $13,511 |
Capital Gain Net Income | $13,511 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $186 |
Total Revenue | $28,474 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $255 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $7,747 |
Total operating and administrative expenses | $9,502 |
Contributions, gifts, grants paid | $38,880 |
Total expenses and disbursements | $48,382 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,584 |
Savings and temporary cash investments | $12,206 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $215,868 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $563,103 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Mount Laurel Foundation Inc has awarded $38,880 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
CAMP THORPE HDP CHILD PRG PURPOSE: GENERAL GRANT | $3,000 |
VERMONT ADAPTIVE SKI SPORT PURPOSE: GENERAL GRANT | $5,000 |
NORTHSHIRE DAY SCHOOL PURPOSE: GENERAL GRANT | $6,500 |
B RUGGIERE ADAPTIVE SPTS CTR PURPOSE: GENERAL GRANT | $5,000 |
BENNINGTON EARLY CHILDHOOD CENTER PURPOSE: GENERAL GRANT | $500 |
VERMONT ACHIEVEMENT CENTER PURPOSE: GENERAL GRANT | $5,000 |