Nonprofits1162 Foundation Inc

Human Services

1162 Foundation Inc

SUNAPEE, NH

Total revenue

$155K

Total expenses

$651K

Net assets

Grants received

$805K

9 grants

EIN

842523217

Tax year

2024

Mission

To engage in select, highly curated charitable missions for the benefit of surviving spouses, significant others, and children of former special operation military personnel killed or wounded in action, with the goal of serving as a catalyst to enable these families to stabilize, rebuild their lives, and for them to perhaps contribute to peace and security in this country and beyond.

Programs

2 programs

The foundation was able to assist a family who experienced the loss of a former special operation military member by paying off the remainder of their home mortgage in 2024.

Expenses: $140KGrants: $140K

The foundation was able to assist a family who experienced the loss of a former special operation military member by paying off the remainder of their home mortgage in 2024.

Expenses: $341KGrants: $341K

Financials

FY 2024

Revenue

Contributions & grants$152K
Program service revenue
Investment income$3K
Other revenue
Total revenue$155K

Expenses

Grants paid$642K
Salaries & benefits
Fundraising
Other expenses$8K
Total expenses$651K
Total assets$26K
Net assets

People

3 listed

NameRoleCompensation

SHAWN REGAN

CHAIRMAN

Board

5 hrs/wk

MICHAEL HAYES

DIRECTOR

Board

5 hrs/wk

MICHAEL FISCH

DIRECTOR

Board

5 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$2K
TO SUPPORT THE WIDOWS AND CHILDREN OF FORMER MILITARY PERSONNEL
2024
$105K
For grant recipient's exempt purposes
2023
$25K
GENERAL SUPPORT
2023
$165K
For grant recipient's exempt purposes
2022
$15K
GENERAL FUNDING
2022
$212K
For grant recipient's exempt purposes
2021
$212K
For grant recipient's exempt purposes
2021
$62K
For grant recipient's exempt purposes
2020

Funded by

$805K from 5 funders · 9 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$756K · 5 grants · 2020–2023

Baton Rouge Area Foundation

$25K · 1 grant · 2023

About The Future Inc

$15K · 1 grant · 2022

The Flauto Family Foundation

$7K · 1 grant · 2022

The Mcshane Foundation

$2K · 1 grant · 2024

Details

EIN842523217
NTEE codeP20
Subsection03
Ruling date2020-01
Formed2019
Employees0
Volunteers0
1162 FOUNDATION INC — Mission, Financials & Grants Received | Grantivo