Memorial Schlrshp Fndtn Rot Clb Wst Mnstr Md Mmry Clnl Shrmn Flanagan
- Assets
- $123.4k
- Revenue
- $12.3k
- Investments
- $113.2k
- Employees
- 0
- Location
- Westminster, MD
- Founding
- 11/1969
- Data as of
- 06/2021
- EIN
- 23-7037815
Organization Overview
Memorial Schlrshp Fndtn Rot Clb Wst Mnstr Md Mmry Clnl Shrmn Flanagan is located in Westminster, MD. The organization was established in 1969. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Schlrshp Fndtn Rot Clb Wst Mnstr MD Mmry Clnl Shrmn Flanagan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Memorial Schlrshp Fndtn Rot Clb Wst Mnstr MD Mmry Clnl Shrmn Flanagan generated $12.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $9.1k during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SCHOLARSHIPS ARE GIVEN EACH YEAR TO TWO OR MORE GRADUATES OF WESTMINSTER HIGH SCHOOL. EACH SCHOLARSHIP IS FOR 1,500 AND IS PAID FOR TWO YEARS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Aquino President | 0 | $0 | |
George Peck Treasurer | 0 | $0 | |
Jacie Mathias Vice Preside | 0 | $0 | |
Andrea Berstler Secretary | 0 | $0 | |
James Lightner Asst Secreta | 0 | $0 | |
Robert M Burk Asst Treasur | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,379 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,956 |
| Capital Gain Net Income | $2,239 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,335 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $70 |
| Contributions, gifts, grants paid | $9,000 |
| Total expenses and disbursements | $9,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,205 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $123,418 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Memorial Schlrshp Fndtn Rot Clb Wst Mnstr Md Mmry Clnl Shrmn Flanagan has awarded $13,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXA HAYMAN PURPOSE: SCHOLARSHIP | $1,500 |
KAYLA GILLIS PURPOSE: SCHOLARSHIP | $1,500 |
SAVANNAH LARKIN PURPOSE: SCHOLARSHIP | $1,500 |
HAYDEN MASON PURPOSE: SCHOLARSHIP | $1,500 |
JILIENNE WIDNER PURPOSE: SCHOLARSHIP | $1,500 |
GRACE MAGLIETTA PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Head & Heart Foundation Tr Wilmington, DE | $258,907,072 | $16,871,801 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |
Robert H Smith Family Foundation Arlington, VA | $10,315,724 | -$3,599,936 |