NonprofitsThe Francis Ouimet Scholarship Fund Inc

Education

The Francis Ouimet Scholarship Fund Inc

NORTON, MA

Total revenue

$7.1M

Total expenses

$5.8M

Net assets

$31.6M

Grants received

$4.4M

199 grants

EIN

042234126

Tax year

2024

Mission

The ouimet fund's purpose is to help deserving young men and women, who have worked at golf courses in massachusetts, obtain a college education. We provide need-based college scholarships, which are renewable and worth an average of $30,000 over the course of four years, with some students receiving as much as $80,000.since 1949, the fund has awarded $53.4 million in need-based scholarships to nearly 7,000 deserving men and women across the state. Ouimet scholars excel in the classroom, graduating at a 91% rate and achieving a 3.4 collective gpa.the ouimet fund is the largest independent scholarship fund in new england, and works to enhance the legacy of mr. Ouimet by growing the scholarship fund he loved so dearly.

Financials

FY 2024

Revenue

Contributions & grants$5.9M
Program service revenue
Investment income$1.3M
Other revenue
Total revenue$7.1M

Expenses

Grants paid$3.5M
Salaries & benefits$1.4M
Fundraising$1.4M
Other expenses$888K
Total expenses$5.8M
Total assets$33.3M
Net assets$31.6M

People

50 listed

NameRoleCompensation

MR COLIN R MCGUIRE

EXECUTIVE DIRECTOR

Board

$200K

40 hrs/wk

MR JOHN AGOSTINO

TREASURER, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR STEPHEN D BROOK

CLERK & COUNSEL, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MS JUDY P FRODIGH

2ND VP, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR JOHN F DOLAN III

CLUB RELATIONS CHAIR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR GREGORY J GAILIUS

DIRECTOR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR JEFFFREY HOLLAND

DEV. COMMITTEE CHAIR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR WILLIAM L HEALY MD

IMMEDIATE PAST PRESIDENT, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR CHRISTOPHER L RUMUL

DIRECTOR

Board

1 hrs/wk

MR RICHARD F CONNOLLY JR

DIRECTOR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MS MARIE E CHALMERS

DIRECTOR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR SCOTT J ADLER

DIRECTOR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MR DAVID A BAMEL

DIRECTOR

Board

1 hrs/wk

MR JOSH BELINSKY

DIRECTOR (UNTIL 10/2024)

Board

1 hrs/wk

MR JAMES BLUE II

DIRECTOR

Board

1 hrs/wk

MR PAUL BOUDREAU

DIRECTOR

Board

1 hrs/wk

MR DUFFY BRENT

DIRECTOR

Board

1 hrs/wk

MS CAITLIN CAVANAUGH

DIRECTOR

Board

1 hrs/wk

MR RYAN CONNOLLY

DIRECTOR

Board

1 hrs/wk

MR MARTIN F CONNORS JR

DIRECTOR (UNTIL 10/2024)

Board

1 hrs/wk

MR EDUARDO E CORDEIRO

DIRECTOR (UNTIL 10/2024)

Board

1 hrs/wk

MR STEPHEN C DEMIRJIAN

DIRECTOR

Board

1 hrs/wk

MR JASON D DEVITO

DIRECTOR

Board

1 hrs/wk

MR MICHAEL H DOUVADJIAN

DIRECTOR

Board

1 hrs/wk

MR PATRICK A FISCHOEDER

DIRECTOR

Board

1 hrs/wk

MR JOHN F GALLAGHER III

DIRECTOR

Board

1 hrs/wk

MS STEPHANIE WEIMER GREANEY

DIRECTOR

Board

1 hrs/wk

MR RAYMOND F HAMEL JR

DIRECTOR (UNTIL 10/2024)

Board

1 hrs/wk

MR ANDREW HENDERSON JR

DIRECTOR

Board

1 hrs/wk

MR PHILIP HOLDEN

DIRECTOR

Board

1 hrs/wk

MR BRIAN JOHNSON

DIRECTOR

Board

1 hrs/wk

MR WILLIAM D KELLEHER

DIRECTOR (UNTIL 10/2024)

Board

1 hrs/wk

MR TERRENCE G KENNEDY

DIRECTOR

Board

1 hrs/wk

MR DONALD J KILBRIDE

DIRECTOR

Board

1 hrs/wk

MR BO KIMYACHI

DIRECTOR

Board

1 hrs/wk

MR MARK LUND

DIRECTOR

Board

1 hrs/wk

MR DANIEL MAGALETTA

DIRECTOR

Board

1 hrs/wk

MR JOSEPH E MAHONEY JR

DIRECTOR

Board

1 hrs/wk

MR THOMAS MARTIN JR

DIRECTOR, EXECUTIVE COMMITTEE

Board

1 hrs/wk

MS HOLLY MCGRATH

DIRECTOR

Board

1 hrs/wk

MR JOHN R MCKENNA

DIRECTOR

Board

1 hrs/wk

MR JOSEPH R NOLAN JR

DIRECTOR

Board

1 hrs/wk

MR JOSEPH E ONSTOTT

DIRECTOR

Board

1 hrs/wk

MR SEAN RUSH

DIRECTOR

Board

1 hrs/wk

MR SEAN P RIORDAN

DIRECTOR

Board

1 hrs/wk

MR PATRICK J SCANNELL

DIRECTOR

Board

1 hrs/wk

MR MICHAEL S WALKER

DIRECTOR

Board

1 hrs/wk

MR JOHN WATTS

DIRECTOR

Board

1 hrs/wk

MR JEFFREY JAMES MURPHY

SR. DIRECTOR, OPERATIONS

Staff

$129K

40 hrs/wk

MS MICHELLE ANDREA EDWARDS

SR. DIR., SCHOLARSHIPS & DATA MGMT.

Staff

$115K

40 hrs/wk

Independent contractors

UBS FINANCIAL SERVICES INC

INVESTMENT ADVISORS

$162K

CRAMER PRODUCTIONS INC

AUDIO-VISUAL SERVICES

$151K

Grants received

Showing 199 of 199

FromAmountPurposeYear
$100K
TO PROVIDE FOR NEED-BASED COLLEGE SCHOLARSHIPS TO YOUNG MEN AND WOMEN WHO HAVE WORKED AT MASSACHUSETTS GOLF COURSES
2024
$36K
SCHOLARSHIP FUNDING
2024
$25K
GENERAL OPERATING SUPPORT
2024
$16K
SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES
2024
$14K
COMMUNITY & HUMAN SERVICES
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
TO INCREASE ITS COMMITMENT TO THE OUIMET SCHOLARSHIP WHICH HELPS OUR CADDIES AND THEIR FAMILIES ACHIEVE THEIR EDUCATION GOALS
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$7K
GENERAL CONTRIBUTION
2024
$5K
SCHOLARSHIP FUND
2024
$3K
UNRESTRICTED GIFT
2024
$3K
GENERAL CHARITABLE PURPOSES
2024
$2K
SCHOLARSHIPS
2024
$2K
VOLUNTEER INCENTIVE PROGRAM
2024
$1K
GENERAL OPERATING SUPPORT
2024
$1K
GENERAL OPERATING SUPPORT
2024
$406
GENERAL OPERATING PURPOSE
2024
$275
General charitable purposes
2024
$100
General & Unrestricted
2024
$470K
For grant recipient's exempt purposes
2023
$60K
GENERAL OPERATING PURPOSE
2023
$48K
SCHOLARSHIP FUNDING
2023
$40K
GENERAL OPERATING SUPPORT
2023
$34K
ENVIRONMENT, ANIMALS
2023
$33K
SCHOLARSHIP FUND
2023
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$16K
SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES
2023
$15K
TO PROVIDE FOR NEED-BASED COLLEGE SCHOLARSHIPS TO YOUNG MEN AND WOMEN WHO HAVE WORKED AT MASSACHUSETTS GOLF COURSES
2023
$13K
PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
PROGRAM SUPPORT
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
OUIMET ONWARD CAREER RESOURCES PROGRAM
2023
$6K
CHARITABLE DONATION
2023
$5K
GENERAL OPERATING
2023
$3K
GENERAL CHARITABLE PURPOSES
2023
$1K
VOLUNTEER INCENTIVE PROGRAM
2023
$515
MATCHING GIFTS
2023
$500
JERRY DALY SCHOLARSHIP
2023
$500
GENERAL SUPPORT
2023
$250
General charitable purposes
2023
$100
MATCHING GIFTS
2023
$275K
For grant recipient's exempt purposes
2022
$100K
TO INCREASE ITS COMMITMENT TO THE OUIMET SCHOLARSHIP WHICH HELPS OUR CADDIES AND THEIR FAMILIES ACHIEVE THEIR EDUCATION GOALS
2022
$55K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$40K
SCHOLARSHIP FUNDING
2022
$16K
SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES
2022
$10K
GENERAL
2022
$10K
GENERAL CONTRIBUTION
2022
$10K
PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION
2022
$10K
EDUCATIONAL SUPPORT IN SCHOLARSHIP FUNDING
2022
$10K
GENERAL OPERATING
2022
$10K
TO PROVIDE FOR NEED-BASED COLLEGE SCHOLARSHIPS TO YOUNG MEN AND WOMEN WHO HAVE WORKED AT MASSACHUSETTS GOLF COURSES
2022
$9K
CHARITABLE DONATION
2022
$8K
GENERAL SUPPORT
2022
$8K
GENERAL CHARITABLE PURPOSES
2022
$6K
COMMUNITY & HUMAN SERVICES
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
UNRESTRICTED GIFT
2022
$3K
GENERAL CHARITABLE PURPOSES
2022
$2K
VOLUNTEER INCENTIVE PROGRAM
2022
$1K
FOR ASSISTANCE WITH SCHOLARSHIPS FOR COLLEGE STUDENTS
2022
$1K
General operating funds
2022
$1K
SCHOLARSHIPS
2022
$1K
General & Unrestricted
2022
$1K
EDUCATIONAL SUPPORT
2022
$1K
UNRESTRICTED GIFT
2022
$515
MATCHING GIFT
2022
$500
OPERATING SUPPORT
2022
$500
JERRY DALY SCHOLARSHIP
2022
$500
UNRESTRICTED OPERATING FUNDS
2022
$300
EDUCATION SUPPORT
2022
$250
GENERAL OPERATING EXPENSES
2022
$200
GENERAL OPERATING PURPOSE
2022
$100
FOR PROVIDING SCHOLARSHIP AID TO STUDENTS
2022
$100
MATCHING GIFTS
2022
$100
GENERAL OPERATING PURPOSES
2022
$100
MATCHING GIFTS
2022
$100
General & Unrestricted
2022
$277K
For grant recipient's exempt purposes
2021
$277K
For grant recipient's exempt purposes
2021
$60K
PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION
2021
$15K
SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES
2021
$5K
GENERAL
2021
$5K
JUDD BUDD ENDOWMENT
2021
$3K
UNRESTRICTED GIFT
2021
$1K
SCHOLARSHIPS
2021
$1K
General operating funds
2021
$1K
UNRESTRICTED GIFT
2021
$1K
CHARITABLE CONTRIBUTION
2021
$400
EDUACATION SUPPORT
2021
$250
GENERAL USE
2021
$442K
For grant recipient's exempt purposes
2020
$38K
SCHOLARSHIP FUNDING
2020
$25K
GENERAL SUPPORT
2020
$20K
GENERAL OPERATING SUPPORT
2020
$20K
SCHOLARSHIP FUND
2020
$15K
SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES
2020
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
FOR DONEE'S EXEMPT PURPOSE
2020
$10K
9. Support Youth Employment & Education Tuition Awards
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$10K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2020
$10K
GENERAL OPERATIONS
2020
$10K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2020
$7K
UNRESTRICTED
2020
$5K
SCHOLARSHIPS & FINANCIAL AID
2020
$5K
GENERAL OPERATING
2020
$5K
GENERAL OPERATING
2020
$3K
EXEMPT PURPOSE
2020
$1K
SUPPORT FOR CURRENT PROGRAMS
2020
$1K
TO PROVIDE SUPPORT FOR THE NEEDS OF THE ORGANIZATION.
2020
$1K
General Operating Support
2020
$1K
GENERAL & UNRESTRICTED
2020
$625
UNRESTRICTED OPERATING FUNDS
2020
$500
FOR EDUCATIONAL PROGRAMS.
2020
$500
UNRESTRICTED CHARITABLE GIFT
2020
$500
SCHOLARSHIPS
2020
$500
GENERAL CONTRIBUTION
2020
$250
UNRESTRICTED GIFT
2020
$100
CHARITABLE DONATION
2020
$100
EXEMPT PURPOSE
2020
$239K
For grant recipient's exempt purposes
2019
$20K
UNRESTRICTED GENERAL SUPPORT
2019
$1K
SUPPORT FOR CURRENT PROGRAMS
2019
$147K
For grant recipient's exempt purposes
2018
$15K
SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGES AND UNIVERSITIES
2018
$6K
DONOR ADVISED FUND
2018
$5K
GENERAL AND/OR PROGRAM SUPPORT - DONOR ADVISED FUNDS
2018
$5K
OPERATING SUPPORT
2018
$100
GENERAL OPERATING SUPPORT
2018
$100
PROGRAM/OPERATING SUPPORT
2018
$50
UNRESTRICTED GENERAL OPERATING SUPPORT
2018
$25
PROGRAM/OPERATING SUPPORT
2018
$109K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$25K
PRISCILLA D. RAMSEY SCHOLARSHIP FUND
2017
$23K
PUBLIC, SOCIETAL BENEFIT
2017
$10K
Caddy Workforce program for Youth at Greenhill Park
2017

Funded by

$4.4M from 95 funders · 199 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$2.2M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$418K · 7 grants · 2017–2023

American Online Giving Foundation Inc

$242K · 6 grants · 2019–2024

Ussga Memorial Fund Inc

$162K · 4 grants · 2020–2024

The Robert And Michelle Cooke Atchinson

$125K · 3 grants · 2022–2024

John D Mineck Foundation

$110K · 2 grants · 2022–2024

National Philanthropic Trust

$106K · 6 grants · 2017–2023

The Belmont Golf Scholarship Fund Inc

$93K · 6 grants · 2018–2024

Details

EIN042234126
NTEE codeB820
Subsection03
Ruling date1953-11
Formed1949
Employees13
Volunteers102
THE FRANCIS OUIMET SCHOLARSHIP FUND INC — Mission, Financials & Grants Received | Grantivo