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EIN 04-3237355

Masconomet Regional Scholarship Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Boxford
State
Massachusetts
Year formed
1994
Most recent tax filings
2024-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Masconomet Regional Scholarship Foundation provides financial aid scholarships to resident students in the regional district who are graduates or potential graduates of Masconomet Regional High School and are accepted at a 4-year or 2-year college, technical institute, school of nursing, or other education programs. Their scholarship program is funded by local individuals, business, and civic associations, and recipients are selected based on their academic record, test scores, extracurricular activities, and community involvement.
Total revenues
$320,371
2024
Total expenses
$194,229
2024
Total assets
$1,850,631
2024
Num. employees
0
2024

Program areas at Masconomet Regional Scholarship Foundation

Scholarship program - provides financial aid to graduating high school students planning to attend college. Scholarships are funded by individuals, community oganizations, businesses, towns and private foundations. Criteria used to select recipients include academic record, test scores, extra-curricular activities and financial need. One hundred twenty-nine (129) scholarships were awarded in the fiscal year ended june 30, 2024.

Who funds Masconomet Regional Scholarship Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Boxford Athletic AssociationScholarships$6,000

Personnel at Masconomet Regional Scholarship Foundation

NameTitleCompensation
Timothy F HaganTreasurer$0
Mary Jo CarabatsosChairperson$0
Jacqueline BolducSecretary$0
Peter DelaniChairperson$0
Olga LangloisSecretary$0
...and 1 more key personnel

Financials for Masconomet Regional Scholarship Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$217,651
Program services$0
Investment income and dividends$36,276
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$51,044
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$15,400
Total revenues$320,371

Form 990s for Masconomet Regional Scholarship Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-08-06990View PDF
2023-062023-08-24990View PDF
2022-062022-07-25990View PDF
2021-062021-07-28990View PDF
2020-062021-02-18990View PDF
...and 10 more Form 990s

Organizations like Masconomet Regional Scholarship Foundation

OrganizationLocationRevenue
Buffalo Scholarships FoundationThe Villages, FL$1,534,440
Lamar Educational Awards FoundationRosenberg, TX$484,802
Van Alstyne Education FoundationVan Alstyne, TX$219,102
Chico Community Scholarship AssociationChico, CA$917,071
Camdenton R-Iii School District Education FoundationCamdenton, MO$149,937
Caribbean Consolidated Schools TrustPuerto Rico, $130,562
Minnesota State College Southeast FoundationWinona, MN$496,497
Texas State University System FoundationAustin, TX$1,309,027
Southern Valley Scholarship FoundationOxford, NE$84,251
Bates Technical College FoundationTacoma, WA$783,710
Data update history
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2023
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 22, 2023
Received grants
Identified 1 new grant, including a grant for $5,500 from Marjory H Yeakley Charitable Trust
May 6, 2023
Updated personnel
Identified 1 new personnel
April 6, 2022
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Endowed supportProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
20 Endicott Rd
Boxford, MA 01921
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Phone
(978) 887-2323
IRS details
EIN
04-3237355
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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