Prosper Road Foundation
- Assets
- $1.5m
- Revenue
- -$9.1k
- Investments
- $1.5m
- Employees
- 0
- Location
- Manchester, NH
- Founding
- 09/2018
- Data as of
- 12/2023
- EIN
- 36-7675386
Organization Overview
Prosper Road Foundation is located in Manchester, NH. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Prosper Road Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Prosper Road Foundation has awarded 49 individual grants totaling $1,216,850. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan E Evans Co-Trustee | 20 | $0 | |
David S Evans Co-Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,058 |
| Dividends & Interest | $30,050 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,234 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$9,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,214 |
| Total operating and administrative expenses | $20,414 |
| Contributions, gifts, grants paid | $273,550 |
| Total expenses and disbursements | $293,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,980 |
| Savings and temporary cash investments | $18,265 |
| 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 | $1,502,285 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,531,530 |
| 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 |
Grants Awarded
Over the last fiscal year, Prosper Road Foundation has awarded $273,550 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
YOUTH GUIDANCE PURPOSE: GENERAL FUND. | $33,500 |
MODERN CLASSROOM PROJECT PURPOSE: TO EQUIP TEACHERS IN CHICAGO TO REDESIGN CLASSROOMS. | $33,000 |
TRAILS PURPOSE: TO SUPPORT TRAILS PROGRAMMING THROUGHOUT MICHIGAN. | $30,000 |
BRAVEN INC PURPOSE: TO HELP STUDENTS ACCESS JOBS AND INTERNSHIPS. | $30,000 |
ONEGOAL PURPOSE: TO SUPPORT STUDENTS TO GRADUATE FROM COLLEGE. | $16,500 |
COMMUNITIES IN SCHOOLS OF CENTRAL TEXAS PURPOSE: EDUCATION. | $16,500 |