NonprofitsMontrose Foundation Inc

Education

Montrose Foundation Inc

MEDFIELD, MA

Total revenue

$13.9M

Total expenses

$10.8M

Net assets

$16.1M

Grants received

$1.5M

34 grants

EIN

042668765

Tax year

2023

Mission

To educate young women to pursue the truth in all they do. Built on the foundation of a rich liberal arts curriculum, personal character formation, and collaboration with parents, each student is challenged to cultivate intellect, character, leadership, service, faith and reason.

Financials

FY 2023

Revenue

Contributions & grants$4.0M
Program service revenue$9.6M
Investment income$108K
Other revenue$107K
Total revenue$13.9M

Expenses

Grants paid$2.1M
Salaries & benefits$5.5M
Fundraising$404K
Other expenses$3.1M
Total expenses$10.8M
Total assets$21.8M
Net assets$16.1M

People

18 listed

NameRoleCompensation

KATHLEEN ELROD

HEAD OF SCHOOL

Board

$252K

50 hrs/wk

WILLIAM NOONAN

Chairman

Board

5 hrs/wk

TOM CORRA

Treasurer

Board

5 hrs/wk

JANE DRIVER

CLERK/SECRETARY

Board

2 hrs/wk

ERIKA BACHIOCHI

Trustee

Board

2 hrs/wk

WILLIAM BOWMAN

Trustee

Board

2 hrs/wk

TODD CASSLER

Trustee

Board

2 hrs/wk

ELIZABETH DAHER FASSE

Trustee

Board

2 hrs/wk

MELANIE FRANCIS

Trustee

Board

2 hrs/wk

NEIL JACOB

vice chair

Board

2 hrs/wk

ESTER MUNT-BROOKS

Trustee

Board

2 hrs/wk

MIKE ROBERTO

Trustee

Board

2 hrs/wk

KESTAS SEREIVA

Trustee

Board

2 hrs/wk

DONNA STROUSE

CFOO AND ASSIST HEAD OF SCHOOL

Staff

$204K

50 hrs/wk

MARY JO WHITE

TEACHER

Staff

$117K

40 hrs/wk

BARBARA WHITLOCK

DIR. UPPER SCHOOL

Staff

$104K

40 hrs/wk

REBECCA ROBERTS

DIR. MIDDLE SCHOOL

Staff

$104K

40 hrs/wk

KATHRYN MELLEY

DIR. ADMISSIONS

Staff

$102K

40 hrs/wk

Independent contractors

ROBERT OLSON ASSOCIATES LLC

ARCHITECT

$128K

Grants received

Showing 34 of 34

FromAmountPurposeYear
$100K
SCHOLARSHIP SUPPORT
2024
$2K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$500
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$65K
For grant recipient's exempt purposes
2023
$6K
CHARITABLE PURPOSE DESIGNATED BY THE RECIPIENT
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$800
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$250
MATCHING DONATIONS - GENERAL SUPPORT
2023
$51K
For grant recipient's exempt purposes
2022
$8K
As recommended by donor via platform
2022
$109K
For grant recipient's exempt purposes
2021
$109K
For grant recipient's exempt purposes
2021
$250K
SCHOLARSHIP SUPPORT
2020
$150K
SUPPORT PRACTICAL WISDOM PROTOCOLS
2020
$74K
For grant recipient's exempt purposes
2020
$30K
RESEARCH Research Research
2020
$10K
UNRESTRICTED
2020
$5K
DESIGNATED DONATION
2020
$2K
EDUCATION
2020
$250
EDUCATION
2020
$130K
For grant recipient's exempt purposes
2019
$71K
RESEARCH Research
2019
$91K
For grant recipient's exempt purposes
2018
$97K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.5M from 13 funders · 34 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$726K · 8 grants · 2017–2023

The Flatley Foundation

$360K · 3 grants · 2020–2024

The Robert D And Patricia E Kern

$150K · 1 grant · 2020

Donor Advised Charitable Giving Inc

$108K · 5 grants · 2019–2023

Trustees Of Boston University

$101K · 2 grants · 2019–2020

American Online Giving Foundation Inc

$15K · 2 grants · 2021–2024

GivenGain Foundation USA

$8K · 1 grant · 2022

Jacob Family Foundation

$6K · 1 grant · 2023

Details

EIN042668765
NTEE codeB24Z
Subsection03
Ruling date1979-08
Formed1978
Employees124
Volunteers250
MONTROSE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo