NonprofitsFranklin Mint Federal Credit Unionfoundation Inc

Education

Franklin Mint Federal Credit Unionfoundation Inc

CHADDS FORD, PA

Total revenue

$170K

Total expenses

$160K

Net assets

$1.0M

Grants received

$30K

2 grants

EIN

260413862

Tax year

2024

Mission

Charitable arm of franklin mint federal cu mission to support charitable causes and education.

Programs

3 programs

Teacher mini grants - franklin mint federal credit union foundation funds innovative educational experiences for k-12 students that may not otherwise be funded in the school year. Teachers may request funds for classroom supplies, technology, books, funding for classroom projects or programs. Amounts given are up to $500 per applicant. Applicants must teach at a school located in chester, delaware, montgomery, new castle counties, west philadelphia, or university city.

Expenses: $4KGrants: $4K

The excellence in teaching awards and grant - local teachers can be nominated to receive $1,000 grants towards educational expenses and $1,000 for their school. The excellence in teaching award recognizes 20 outstanding and dedicated teachers in our area. Recipients of this award receive $1,000 towards classroom expenses and a commemorative keepsake. The recipient's school also receives a $1,000 award. A total of $40,000 will be awarded to schools and educators. Teachers can be nominated by students, parents, co-workers or supervisors. Nominees must be pennsylvania- or delaware-certified active teachers in good standing that provide direct instruction to students in a classroom setting.

Expenses: $40KGrants: $40K

The organization provided education recognition scholarships to 6 people during the year.

Expenses: $18KGrants: $18K

Financials

FY 2024

Revenue

Contributions & grants$74K
Program service revenue$38K
Investment income
Other revenue$58K
Total revenue$170K

Expenses

Grants paid$94K
Salaries & benefits$7K
Fundraising
Other expenses$58K
Total expenses$160K
Total assets$1.0M
Net assets$1.0M

People

12 listed

NameRoleCompensation

DR HARRY J JAMISON

PRESIDENT (TILL 10/24)

Board

1 hrs/wk

MARIA ROLSTON

PRESIDENT (START 10/24)

Board

1 hrs/wk

KATE MCGEEVER

VICE PRESIDENT/SECRETARY

Board

1 hrs/wk

MICHAEL B MAGNAVITA

TREASURER

Board

1 hrs/wk

SHONETTE CAREW

DIRECTOR

Board

1 hrs/wk

PATRICK MCKENNA

DIRECTOR (START 10/24)

Board

1 hrs/wk

DR JOSEPH O'BRIEN

DIRECTOR (TILL 10/24)

Board

1 hrs/wk

TROY PODELL

DIRECTOR (START 3/24)

Board

1 hrs/wk

DR LOIS SNYDER

DIRECTOR

Board

1 hrs/wk

DR GEORGE STEINHOFF

DIRECTOR

Board

1 hrs/wk

WILLIAM TAYLOR

DIRECTOR

Board

1 hrs/wk

RICHARD V DURANTE JR

EXECUTIVE DIRECTOR

Board

16 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$20K
SPONSORSHIP
2023
$10K
SPONSORSHIP
2022

Funded by

$30K from 1 funder · 2 grants · 2022–2023

Ccres

$30K · 2 grants · 2022–2023

Details

EIN260413862
NTEE codeB82
Subsection03
Ruling date2008-03
Formed2007
Employees2
Volunteers10
FRANKLIN MINT FEDERAL CREDIT UNIONFOUNDATION INC — Mission, Financials & Grants Received | Grantivo