Methuen Scholarship Foundation Inc
Methuen Scholarship Foundation Inc is a private foundation focused on Education, based in Methuen, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $127K in total assets. In 2024, it made $37K in qualifying distributions.
Methuen Scholarship Foundation Inc at a glance
- Total assets
- $127,147
- +10.5% vs 2023
- Revenue (2024)
- $44,545
- -5.1% vs 2023
- Qualifying distributions (2024)
- $37,354
- -23.5% vs 2023
- Expenses (2024)
- $37,584
- -24.3% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2024 | $127,147 | $44,545 | $37,584 | $37,354 | — | $5,965 |
| 2023 | $115,073 | $46,936 | $49,680 | $48,800 | $299 | $5,241 |
| 2022 | $114,060 | $44,122 | $40,572 | $40,000 | $310 | $5,526 |
| 2021 | $110,510 | $21,694 | $25,324 | $25,000 | $310 | $5,528 |
| 2020 | $114,140 | $24,198 | $29,749 | — | $1,940 | $5,731 |
Under IRS private-foundation payout rules, Methuen Scholarship Foundation Inc reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Methuen Scholarship Foundation Inc is led by Melissa Ansara-Burns, President since 2024 (on filings since 2020); none of the 20 officers listed in 2024 report compensation.
Officers on the 2024 filing
Melissa Ansara-Burns
President
Co-Treasurer → Co-President, 2022
Co-President → President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Barbara Grondine
Director
On filings since 2020
1 hr/week
No compensation reported
Brandi Kwong
Director
On filings since 2020
1 hr/week
No compensation reported
Colleen McCarthy
Director
On filings since 2020
1 hr/week
No compensation reported
Marsha Iannalfo
Director
Co-Treasurer → Treasurer, 2022
Treasurer → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Matthew Curran
Director
On filings since 2020
1 hr/week
No compensation reported
Robert Vogler
Director
On filings since 2020
1 hr/week
No compensation reported
Bertha White
Director
On filings since 2022
1 hr/week
No compensation reported
Cristina Sakowich
Director
Co-President → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Martha Tatro
Director
On filings since 2022
1 hr/week
No compensation reported
Anthony Curet
Director
New on the 2024 filing
1 hr/week
No compensation reported
David Grondine
Director
New on the 2024 filing
1 hr/week
No compensation reported
Eliza Larochelle
Director
New on the 2024 filing
1 hr/week
No compensation reported
Frankie Madden
Director
New on the 2024 filing
No compensation reported
Heidi Barletta
Director
New on the 2024 filing
1 hr/week
No compensation reported
Stephanie Spindler
Director
New on the 2024 filing
1 hr/week
No compensation reported
Lisa Simonian
Other Officer
Co-President → Other Officer, 2024
On filings since 2020
2 hrs/week
No compensation reported
Lori Morris
Clerk
Director → Clerk, 2024
On filings since 2020
2 hrs/week
No compensation reported
Susan Nicholson
Vice President
Director → Secretary, 2023
Secretary → Vice President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Andrea Slachta
Treasurer
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (7)
- Former: Paula Simone (2020–2023) — Vice President
- Former: Richard Barden (2020–2023) — Director
- Former: Mary Jean Fawcett (2020–2022) — Secretary
- Former: Suzanne Gilleece (2020–2022) — Director
- Former: Alicia Beaulieu (2020–2021) — Director
- Former: Jessica McLellan (2020–2021) — Director
- Former: Johanna Fawcett (2020–2021) — Co-President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Methuen Scholarship Foundation Inc
How large is Methuen Scholarship Foundation Inc?
Methuen Scholarship Foundation Inc reported $127K in total assets on its 2024 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
What is Methuen Scholarship Foundation Inc?
Methuen Scholarship Foundation Inc is a private foundation focused on Education, based in Methuen, MA. It holds $127K in total assets as of 2024.
What is Methuen Scholarship Foundation Inc's EIN?
Methuen Scholarship Foundation Inc's EIN (Employer Identification Number) is 46-4500729. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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