Merrimack County Savings Bank Fdtn

Private foundation · Grantmaker Concord, NH EIN: 04-3370159

Merrimack County Savings Bank Fdtn is a private foundation based in Concord, New Hampshire. Established by Merrimack County Savings Bank in 1997, it supports not-for-profit organizations working to enrich and improve the quality of life for residents in the bank’s service areas.

Key facts about Merrimack County Savings Bank Fdtn

In short: Merrimack County Savings Bank Fdtn gave $64K across 26 grants in 2025 (avg $2K), mostly in New Hampshire. Source: 2025 IRS Form 990-PF.

EIN
04-3370159
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$64,050
Grants made (2025)
26
Average grant
$2,463
Median grant
$2,500
Total assets
$988,677
Primary geography
New Hampshire (100% of itemized 2025 grant dollars)
Accepts unsolicited proposals
Yes
How to apply
The foundation accepts unsolicited requests and states that it does not restrict giving to preselected organizations. Full details ↓
Deadline
Applications are accepted from August 1 through September 1 in the grant year.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$989K

+0.7% YoY

Annual Giving

$64K

+12.0% YoY

Grant Count

26

+13.0% YoY

Avg Grant Size

$2K

-0.9% YoY

Under IRS private-foundation payout rules, Merrimack County Savings Bank Fdtn reported a distributable amount of $67K for 2025 — the minimum it must pay out in qualifying distributions.

How Merrimack County Savings Bank Fdtn gives

  • 50% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−1%). Method
  • In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated mission is to provide financial support to not-for-profit organizations that enrich and improve the quality of life of residents in the bank’s service areas. It encourages requests from 501(c)(3) organizations in areas including civic, arts, environmental, social services, health, and affordable housing.

Its grantees illustrate a range of community work. For example, Connor’s Climb Foundation describes its mission as providing suicide-prevention education for youth and their communities; Circle Program focuses on education and counseling for underprivileged girls through camp and mentoring; and Family Promise of Greater Concord works with families experiencing homelessness and low incomes.

Grantmaking

The foundation awarded 26 grants totaling $64,050 in 2025. The grants ranged from $1,000 to $5,000, with a median award of $2,500. Recent totals were $57,170 across 23 grants in 2024 and $57,396 across 20 grants in 2023.

Review Cycle

Applications are accepted from August 1 through September 1 in the grant year.

Open Grants

1 open opportunity from Merrimack County Savings Bank Fdtn

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Geographic Focus

Where this funder awards grants

The foundation’s geographic focus is the communities served by the bank, defined as the bank’s assessment areas. Statewide organizations may be considered when their proposed grant-funded programs benefit those communities. All 2025 grant dollars went to recipients in New Hampshire.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 26 itemized grants.

Cities

ConcordManchesterNashuaPittsfieldPlymouthExeterPortsmouthBedfordBristolFranklinHennikerHooksettMerrimackSalem

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2019 1 grant2020 1 grant2021 21 grants2022 20 grants2023 23 grants2024 26 grants2025

From 2019 to 2025, annual grant giving ranged from $50K (2021) to $64K (2022). In 2025 it made 26 grants totaling $64K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

New Hampshire Food Bank: $5KNew Hampshire Food Bank$5KConnor's Climb Foundation: $5KConnor's Climb Foundation$5KThe Granite YMCA - YMCA of Concord: $5KThe Granite YMCA - YMCA ofConcord$5KBoys & Girls Club of Central NH: $4KBoys & Girls Club of CentralNH$4KCircle Program: $3KCircle Program$3KNH Campaign for Legal Services: $3KNH Campaign for Legal Services$3KCatch Neighborhood Housing: $3KCatch Neighborhood Housing$3KFamilies in Transition: $3KFamilies in Transition$3KFamily Promise of Greater Concord: $3KFamily Promise of GreaterConcord$3KGirls Inc of New Hampshire: $3KGirls Inc of New Hampshire$3K

The largest 2025 recipient was New Hampshire Food Bank ($5K). Together the top 10 received $34K.

Grant Size Distribution

91 grants across all recorded years

91<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 91 grants of 91 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
New Hampshire Food Bank Manchester, NHProvide Hunger Relief to Community$5,000
Connor's Climb Foundation Exeter, NHFund Signsofsuicide Module in School$5,000
The Granite YMCA - YMCA of Concord Concord, NHPurchase Doors for Child Care Center$4,545
Boys & Girls Club of Central NH Concord, NHFund Summer Camp Enrichment Program$3,500
Circle Program Plymouth, NHFund Mentorship Programs for Teens$3,000
NH Campaign for Legal Services Concord, NHFund Community Legal Assistance$3,000
Catch Neighborhood Housing Concord, NHFund Community Basketball Court$2,500
Families in Transition Manchester, NHFund Access to Food for Children$2,500
Family Promise of Greater Concord Concord, NHProvide Family Housing Assistance$2,500
Girls Inc of New Hampshire Manchester, NHFund After School Programs$2,500

Financial History

Multi-year comparison from IRS filings

Filing year Grants awarded Grant count
2025 $64,050 26
2024 $57,170 23
2023 $57,396 20
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$988,677$982,215$983,476
Revenue$85,522$71,463$100,069
Expenses$79,960$72,555$71,601
Qualifying Distributions$65,200$58,145$58,321
Net Investment Income$71,202$58,639$86,789
Distributable Amount$66,798$64,165$57,961

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 9, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 10, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 6, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 24, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 9, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Linda Lorden as Secretary/Treasurer and Jessica Prieto, James Burnett, Stephanie McLaughlin, and Kelli D’Amore as trustees.

Merrimack County Savings Bank Fdtn's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kelli D'amore

    Trustee

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Jessica Prieto

    Trustee

    On filings since 2023

    0.1 hrs/week

    No compensation reported

  • Stephanie McLaughlin

    Trustee

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • James Burnett

    Trustee

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

  • Linda Lorden

    Secretary

    Treasurer → Secretary, 2022

    On filings since 2019

    0.1 hrs/week

    No compensation reported

Former officers (6)
  • Former: Christopher Brown (2021–2024) — Trustee
  • Former: Elyssa Alfieri (2020–2023) — Trustee
  • Former: Jeffrey Kipperman (2019–2022) — Trustee
  • Former: Jonathan Ruggles (2019–2021) — Trustee
  • Former: Peter Bloomfield (2019–2020) — Trustee
  • Former: Christine Rath (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Melissa Stevenson
Mailing address: 89 North Main Street, Concord, NH 03301
Phone: (603) 223-2708
Email: mstevenson@themerrimack.com

Frequently asked questions about Merrimack County Savings Bank Fdtn

How much does Merrimack County Savings Bank Fdtn give each year?

Merrimack County Savings Bank Fdtn gave $64K across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $57K across 23 grants.

What is Merrimack County Savings Bank Fdtn's typical grant size?

Merrimack County Savings Bank Fdtn's median grant in 2025 was $2,500, and its average grant was $2,463, across 26 grants on its 2025 IRS Form 990-PF.

Where does Merrimack County Savings Bank Fdtn give grants?

Merrimack County Savings Bank Fdtn gives mostly in New Hampshire: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Concord, NH (10 grants), Manchester, NH (6 grants) and Nashua, NH (4 grants).

Does Merrimack County Savings Bank Fdtn give general operating support?

Not in 2025: none of the 26 grants with a stated purpose on Merrimack County Savings Bank Fdtn's 2025 IRS Form 990-PF were described as general or operating support.

Who are Merrimack County Savings Bank Fdtn's largest grantees?

Merrimack County Savings Bank Fdtn's largest 2025 grantees include New Hampshire Food Bank ($5,000), Connor's Climb Foundation ($5,000) and The Granite YMCA - YMCA of Concord ($4,545), according to its 2025 IRS Form 990-PF. Together they received 23% of its itemized 2025 grant dollars.

How large is Merrimack County Savings Bank Fdtn?

Merrimack County Savings Bank Fdtn reported $989K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $67K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Merrimack County Savings Bank Fdtn fund?

The foundation’s stated mission is to provide financial support to not-for-profit organizations that enrich and improve the quality of life of residents in the bank’s service areas. See mission & focus areas ↑

How do I apply for a grant from Merrimack County Savings Bank Fdtn?

The foundation accepts unsolicited requests and states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Merrimack County Savings Bank Fdtn's EIN?

Merrimack County Savings Bank Fdtn's EIN (Employer Identification Number) is 04-3370159. IRS Form 990 filing data is available on this page for 2019–2025.

Does Merrimack County Savings Bank Fdtn accept unsolicited proposals?

Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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