NonprofitsFather Vincent Welch Memorial Fund

Human Services

Father Vincent Welch Memorial Fund

DEARBORN, MI

Total revenue

$508K

Total expenses

$641K

Net assets

$70K

Grants received

$8K

2 grants

EIN

383005252

Tax year

2024

Mission

The memorial fund was organized to raise proceeds through charitable contributions for the creation and maintenance of scholarship funds. The scholarship funds will be dedicated to the assistance of needy young people from the metro detroit area in obtaining secondary, under-graduate and post-graduate educations.

Financials

FY 2024

Revenue

Contributions & grants$514K
Program service revenue
Investment income
Other revenue
Total revenue$508K

Expenses

Grants paid$640K
Salaries & benefits
Fundraising
Other expenses$828
Total expenses$641K
Total assets$70K
Net assets$70K

People

3 listed

NameRoleCompensation

MICHAEL T MCNAMARA

PRESIDENT/DIRECTOR

Board

3 hrs/wk

FR DONALD WORTHY

VICE PRESIDENT

Board

1 hrs/wk

CATHERINE MCNAMARA

TREASURER/SECRETARY

Board

0.5 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$8K
For grant recipient's exempt purposes
2020
$150
For the general purposes or other charitable purposes of the organization.
2020

Funded by

$8K from 2 funders · 2 grants · 2020

Details

EIN383005252
NTEE codeP20Z
Subsection03
Ruling date1993-02
Formed1991
Employees0
Volunteers0
FATHER VINCENT WELCH MEMORIAL FUND — Mission, Financials & Grants Received | Grantivo