Billy Cunningham Memorial Foundation
- Assets
- $60.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, NH
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 83-1382561
Organization Overview
Billy Cunningham Memorial Foundation is located in New London, NH. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Billy Cunningham Memorial Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Billy Cunningham Memorial Foundation generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (55.8%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AT THE END OF EACH SCHOOL YEAR, BCMF ACCEPTS SCHOLARSHIP APPLICATIONS FROM HIGH SCHOOL SENIORS AND COLLEGE STUDENTS WHO DEMONSTRATE A PASSION FOR THE WATER AND AN INTEREST IN MARINE BIOLOGY, OCEANOGRAPHY, ENVIRONMENTAL SCIENCE, RESOURCE MANAGMENT OR SIMILAR FIELD OF STUDY. STUDENT SCHOLAR RECIPIENTS ARE SELECTED BY THE BCMF BOARD OF DIRECTORS EVERY JUNE, AND USE OF SCHOLARSHIP PROCEEDS IS ENTIRELY DISCRETIONARY. IN FY23, THE BOARD DISTRIBUTED TWO $1,500 GRANTS TO TWO DIFFERENT DESERVING INDIVIDUALS, FOR A TOTAL OF $3,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Campbell Foster President | 1 | $0 | |
David Morse Foundation Mgr | 1 | $0 | |
Durham F Jones Trustee | 1 | $0 | |
Kevin Walsh Trustee | 1 | $0 | |
Peter Conlin Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,105 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,105 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $350 |
| Printing, publications, postage, and shipping | $50 |
| Other expenses | $0 |
| Total expenses | $3,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,749 |
| Other assets | $0 |
| Total assets | $60,749 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,749 |