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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$127K
+10.5% YoY
Revenue
$45K
-5.1% YoY
Qualifying Distributions
$37K
-23.5% YoY
Expenses
$38K
-24.3% YoY
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.
About Methuen Scholarship Foundation Inc
Based on IRS filings
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.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $127,147 | $115,073 | $114,060 |
| Revenue | $44,545 | $46,936 | $44,122 |
| Expenses | $37,584 | $49,680 | $40,572 |
| Qualifying Distributions | $37,354 | $48,800 | $40,000 |
| Net Investment Income | — | $299 | $310 |
| Distributable Amount | $5,965 | $5,241 | $5,526 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA SIMONIAN | OTHER OFFICE | 2 | — |
| LORI MORRIS | CLERK | 2 | — |
| ANDREA SLACHTA | TREASURER | 2 | — |
| CRISTINA SAKOWICH | DIRECTOR | 1 | — |
| BERTHA WHITE | DIRECTOR | 1 | — |
| ROBERT VOGLER | DIRECTOR | 1 | — |
| MARSHA IANNALFO | DIRECTOR | 1 | — |
| COLLEEN MCCARTHY | DIRECTOR | 1 | — |
| ANTHONY CURET | DIRECTOR | 1 | — |
| MATTHEW CURRAN | DIRECTOR | 1 | — |
| BARBARA GRONDINE | DIRECTOR | 1 | — |
| MELISSA ANSARA-BURNS | PRESIDENT | 2 | — |
| BRANDI KWONG | DIRECTOR | 1 | — |
| SUSAN NICHOLSON | VICE-PRESIDE | 2 | — |
| MARTHA TATRO | DIRECTOR | 1 | — |
| HEIDI BARLETTA | DIRECTOR | 1 | — |
| STEPHANIE SPINDLER | DIRECTOR | 1 | — |
| DAVID GRONDINE | DIRECTOR | 1 | — |
| ELIZA LAROCHELLE | DIRECTOR | 1 | — |
| FRANKIE MADDEN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Methuen Scholarship Foundation Inc?
As of 2024, Methuen Scholarship Foundation Inc holds $127K in total assets with $45K in annual revenue.
How much is Methuen Scholarship Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Methuen Scholarship Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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