NonprofitsMilford Rotary Club Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Milford Rotary Club Foundation

MILFORD, NH

Total revenue

$321K

Total expenses

$311K

Net assets

$1.1M

Grants received

$50K

5 grants

EIN

020512441

Tax year

2024

Mission

The MRCF was established exclusively for charitable, educational and scientific purposes. The fund will receive, maintain, invest and designate funds available for distribution to advance the causes of education and community well-being by distributing funds to educational and civic institutions, organizations, associations, groups and to individuals who are matriculated in a post-secondary educational program, including vocational institutions.

Programs

2 programs

Scholarships: Scholarships are granted to individuals furthering their education.

Expenses: $53KGrants: $53K

International Services: MRCF provides contributions to various international causes supported by the Milford Rotary Club. During the year MRCF contributed funds through Rotary International for RI Pure Water, Ukraine Relief and Youth Exchange programs.

Expenses: $3KGrants: $3K

Financials

FY 2024

Revenue

Contributions & grants$132K
Program service revenue
Investment income$63K
Other revenue$126K
Total revenue$321K

Expenses

Grants paid$250K
Salaries & benefits
Fundraising
Other expenses$61K
Total expenses$311K
Total assets$1.1M
Net assets$1.1M

People

7 listed

NameRoleCompensation

Paul Spiess

Chairman

Board

2 hrs/wk

Scott McIntrye

Treasurer

Board

4 hrs/wk

Holly Bly

Secretary

Board

1 hrs/wk

Tom Quinn

Trustee

Board

1 hrs/wk

Judy Dunbar

Trustee

Board

1 hrs/wk

Peter Lyon

Trustee

Board

1 hrs/wk

Todd Leo

Trustee

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$16K
For general support
2024
$10K
For general support
2023
$500
EXEMPT PURPOSE
2022
$8K
for annual support
2020
$16K
Program Support
2019

Funded by

$50K from 3 funders · 5 grants · 2019–2024

New Hampshire Charitable Foundation

$33K · 3 grants · 2020–2024

Enterprise Holdings Foundation

$16K · 1 grant · 2019

Eastern Bank Foundation

$500 · 1 grant · 2022

Details

EIN020512441
NTEE codeT50
Subsection03
Ruling date1999-12
Formed1999
Employees0
Volunteers0
MILFORD ROTARY CLUB FOUNDATION — Mission, Financials & Grants Received | Grantivo