NonprofitsWest Point Class Of 1998 Memorial Scholarship Fund Inc

Education

West Point Class Of 1998 Memorial Scholarship Fund Inc

HINGHAM, MA

Total revenue

$319K

Total expenses

$409K

Net assets

$1.6M

Grants received

$156K

9 grants

EIN

320289471

Tax year

2024

Mission

The 98 fund exists to serve and support the graduate community of the united states military academy principally through educational scholarships, financial support, and by operating a summer camp that provides mentorship and beneficial experiences for the families of our fallen graduates.

Programs

2 programs

Distributed capital to support educational (college) scholarships for the children of our west point classmates who were either killed in combat or died otherwise. To date, the fund has made fourteen 10,000 scholarship commitments that have been distributed to date or will be distributed over the next few years as the children reach college age.

Expenses: $20KGrants: $20K

Distributed capital to support the medical, living and travel expenses of living west point graduates in need as well as for the children and widows of west point graduates who were either killed in combat or died otherwise.

Expenses: $116K

Financials

FY 2024

Revenue

Contributions & grants$267K
Program service revenue
Investment income$52K
Other revenue
Total revenue$319K

Expenses

Grants paid$336K
Salaries & benefits
Fundraising
Other expenses$72K
Total expenses$409K
Total assets$1.6M
Net assets$1.6M

People

16 listed

NameRoleCompensation

MARK DEROCCHI

PRESIDENT&BO

Board

5 hrs/wk

JOHN SERAFINI

CHAIRMAN & T

Board

5 hrs/wk

MARK WEAVER

VP & BOARD M

Board

5 hrs/wk

MICHELLE LAVICKA

BOARD MEMBER

Board

3 hrs/wk

JASON KOSTAL

BOARD MEMBER

Board

5 hrs/wk

TRACI VOELKE

BOARD MEMBER

Board

3 hrs/wk

GEORGE WOODS

BOARD MEMBER

Board

3 hrs/wk

ANDERSON PUCKETT

BOARD MEMBER

Board

3 hrs/wk

CHRIS MCQUILLEN

BOARD MEMBER

Board

3 hrs/wk

JASON PARKS

BOARD MEMBER

Board

3 hrs/wk

WILLIAM GIBBS

BOARD MEMBER

Board

3 hrs/wk

STEVEN TETREAULT

BOARD MEMBER

Board

3 hrs/wk

MIKE AVERY

BOARD MEMBER

Board

3 hrs/wk

KALEIGH WOTRING

BOARD MEMBER

Board

3 hrs/wk

STACEY TOMIC

BOARD MEMBER

Board

3 hrs/wk

ANN BONNEY

BOARD MEMBER

Board

3 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$11K
For grant recipient's exempt purposes
2023
$11K
For grant recipient's exempt purposes
2022
$44K
For grant recipient's exempt purposes
2021
$44K
For grant recipient's exempt purposes
2021

Funded by

$156K from 3 funders · 9 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$110K · 4 grants · 2021–2023

American Online Giving Foundation Inc

$36K · 4 grants · 2019–2023

Gs Donor Advised Philanthropy Fund

$10K · 1 grant · 2020

Details

EIN320289471
NTEE codeB82
Subsection03
Ruling date2010-01
Formed2009
Employees0
Volunteers25
WEST POINT CLASS OF 1998 MEMORIAL SCHOLARSHIP FUND INC — Mission, Financials & Grants Received | Grantivo