East Longmeadow Rotary Memorial Scholarship Foundation Inc
- Assets
- $385.0k
- Revenue
- $14.0k
- Investments
- $385.0k
- Employees
- 0
- Location
- East Longmeadow, MA
- Founding
- 10/1997
- Data as of
- 06/2024
- EIN
- 04-2961763
Organization Overview
East Longmeadow Rotary Memorial Scholarship Foundation Inc is located in East Longmeadow, MA. The organization was established in 1997. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Longmeadow Rotary Memorial Scholarship Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, East Longmeadow Rotary Memorial Scholarship Foundation Inc has awarded 76 individual grants totaling $160,800. 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
PROVIDE SCHOLARSHIPS TO COLLEGE BOUND HIGH SCHOOL SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Rintoul Treasurer | 2 | $0 | |
David G Carlson ESQ President | 1 | $0 | |
Dawn Starks Director | 1 | $0 | |
Patrick Donnelly Assistant Treasurer | 1 | $0 | |
Adele Hill Clerk | 1 | $0 | |
Alison Donnelly Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,429 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,307 |
| Capital Gain Net Income | $1,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $791 |
| Total operating and administrative expenses | $4,023 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $23,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $385,044 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $385,044 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,000 |
| 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 | $4,000 |
Grants Awarded
Over the last fiscal year, East Longmeadow Rotary Memorial Scholarship Foundation Inc has awarded $19,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AUDREY ONEILL PURPOSE: SCHOLARSHIP | $3,000 |
VIVIAN POOLE PURPOSE: SCHOLARSHIP | $2,000 |
EMMA STEVENS PURPOSE: SCHOLARSHIP | $2,500 |
VICTORIA MAZZAFERRO PURPOSE: SCHOLARSHIP | $2,000 |
MAGGIE STEVENS PURPOSE: SCHOLARSHIP | $2,500 |
DOMINIC BURACK PURPOSE: SCHOLARSHIP | $2,500 |