Greater Manchester Hellenic Scholarship Fund
- Assets
- $518.7k
- Revenue
- $23.7k
- Investments
- $517.6k
- Employees
- 0
- Location
- Manchester, NH
- Founding
- 07/1973
- Data as of
- 12/2023
- EIN
- 23-7296946
Organization Overview
Greater Manchester Hellenic Scholarship Fund is located in Manchester, NH. The organization was established in 1973. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Manchester Hellenic Scholarship Fund 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 12/2023, Greater Manchester Hellenic Scholarship Fund generated $23.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $35.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE SCHOLARSHIP FUND IS TO PROVIDE COLLEGE SCHOLARSHIPS TO ELIGIBLE INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND HAS GRANTED THIRTEEN DIFFERENT COLLEGE SCHOLARSHIPS DURING 2020 RANGING FROM $1,500 TO $2,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Spanos Honan Chair | 2 | $0 | |
Vasiliki Canotas Trustee | 1 | $0 | |
Kristine Haveles-Pelletier Trustee | 1 | $0 | |
Peter G Kachavos MD Trustee | 1 | $0 | |
Arthur Pappas Trustee | 1 | $0 | |
Diane Spiro Laroche Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $878 |
| Interest on Savings | $1,251 |
| Dividends & Interest | $14,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,326 |
| Capital Gain Net Income | $7,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,303 |
| Total operating and administrative expenses | $2,773 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $35,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,048 |
| Savings and temporary cash investments | $0 |
| 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 | $517,623 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $518,671 |
| 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, Greater Manchester Hellenic Scholarship Fund has awarded $33,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTINA KARAGIANIS PURPOSE: SCHOLARSHIP | $3,000 |
SAGE NICOLAY PURPOSE: SCHOLARSHIP | $3,000 |
ALEXANDRA BESSETTE PURPOSE: SCHOLARSHIP | $3,000 |
GEORGE KALAMPALIKIS PURPOSE: SCHOLARSHIP | $3,000 |
ELLA TARTSA PURPOSE: SCHOLARSHIP | $3,000 |
LOGAN TARTSA PURPOSE: SCHOLARSHIP | $3,000 |