Team Noreast Velo Club

Private foundation · Grantmaker Durham, NH EIN: 56-2581934

Team Noreast Velo Club is a private foundation focused on Recreation & Sports, based in Durham, NH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $14K in total assets. In 2025, it awarded 2 grants totaling $8K.

Key facts about Team Noreast Velo Club

In short: Team Noreast Velo Club gave $8K across 2 grants in 2025 (avg $4K), mostly in New Hampshire. Source: 2025 IRS Form 990-PF.

EIN
56-2581934
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$8,000
Grants made (2025)
2
Average grant
$4,000
Median grant
$4,000
Total assets
$14,327
Primary geography
New Hampshire (63% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$14K

-36.3% YoY

Annual Giving

$8K

Grant Count

2

Avg Grant Size

$4K

Your AI grants department

Ready to take the next step with Team Noreast Velo Club?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

ConcordDurhamExeterGoffstownKitteryMerrimackNorth Hampton

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K3 grants2019 1 grant2020 1 grant2021 0 grants2022 0 grants2023 0 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $500 (2020) to $8K (2025). In 2025 it made 2 grants totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

BikeWalk Alliance of NH: $5KBikeWalk Alliance of NH$5KPortsmouth High School Cycling: $3KPortsmouth High School Cycling$3K

The largest 2025 recipient was BikeWalk Alliance of NH ($5K). Together the top 2 received $8K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BikeWalk Alliance of NH Concord, NHCharitable donation$5,000
Portsmouth High School Cycling Kittery, MECharitable donation in the memory of Charlie Bourdages$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5K$5K$7.5K$10K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$14,327$22,506$22,652
Revenue$18$24$27
Expenses$8,197$170$342
Qualifying Distributions$8,000——

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 June 17, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 31, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 3, 2023)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 29, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 11, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 26, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 14, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Team Noreast Velo Club is led by Joseph Reagan, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Joseph Reagan

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Timothy Young

    Director

    Treasurer → Director, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas Luther

    Treasurer

    On filings since 2021

    3 hrs/week

    No compensation reported

Former officers (2)
  • Former: Joe Reagan (2019–2020) — Director
  • Former: Tom Luther (2019–2020) — President

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.

Frequently asked questions about Team Noreast Velo Club

How much does Team Noreast Velo Club give each year?

Team Noreast Velo Club gave $8K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.

How large is Team Noreast Velo Club?

Team Noreast Velo Club reported $14K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $18.

What is Team Noreast Velo Club?

Team Noreast Velo Club is a private foundation focused on Recreation & Sports, based in Durham, NH. It holds $14K in total assets as of 2025.

Where does Team Noreast Velo Club operate?

Team Noreast Velo Club has awarded grants in Maine, New Hampshire.

What is Team Noreast Velo Club's EIN?

Team Noreast Velo Club's EIN (Employer Identification Number) is 56-2581934. IRS Form 990 filing data is available on this page for 2019–2025.

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

Your AI grants department

Here's the math on researching Team Noreast Velo Club by hand.

Explore Open Grants

Browse active grant opportunities in Team Noreast Velo Club's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

New Hampshire Charitable Foundation

Concord, NH

The New Hampshire Charitable Foundation funds nonprofits and students, with grants supporting areas such as health, education, housing, the environment, arts, and economic security, primarily benefiting New Hampshire communities. Its 2024 median itemized grant was $25,000, and its Responsive Grants program offers eligible nonprofits up to $10,000; the profile does not state whether it accepts unsolicited requests.

Assets

$1.2B

Grants

949

Total Given

$59.7M

For Inspiration and Recognition

Manchester, NH

FIRST funds youth robotics and hands-on STEM programs, including efforts to expand access for underserved and underrepresented communities; its grants support organizations in the U.S. and internationally. Typical giving varies: 2025 grants had a median of $5,750, while STEM Equity Community Innovation Grants are listed at $5,000–$50,000. The profile does not state whether unsolicited requests are accepted.

Assets

$73.0M

Grants

482

Total Given

$13.0M

Mascoma Bank Foundation

Lebanon, NH

Mascoma Bank Foundation funds capital projects for nonprofits in Mascoma Bank’s lending area, including building and infrastructure improvements, construction, capital campaigns, and major equipment or other capital items. Its capital grants are typically $5,000–$25,000; it accepts unsolicited requests, with proposals considered quarterly.

Assets

$7.2M

Grants

35

Total Given

$499K

Alexander and Linda Milley Foundation

Rye, NH

Philanthropy, Voluntarism & Grantmaking

Assets

$11.1M

Grants

194

Total Given

$350K

The Robert and Joyce Oberkotter Family

Newport, NH

The foundation primarily funds education in New Hampshire and awards scholarships to eligible high school seniors from listed schools in New Hampshire, Vermont, and Rhode Island; it also supports extracurricular activities and underfunded school programs such as music, art, and athletics. Scholarships are typically $4,000, while reported grants ranged from $4,000 to $50,000 in 2025. Scholarship applications are accepted through eligible schools or by the stated application process; the profile does not say whether the foundation accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$14.2M

Grants

189

Total Given

$810K

Mary Hitchcock Memorial Hospital

Lebanon, NH

Mary Hitchcock Memorial Hospital supports healthcare services, medical and academic research, education, charity care, community outreach, equipment, and health education. In 2025, its 59 grants ranged from $5,056 to $881,519, with a median of $18,388; 37% of grant dollars went to New Hampshire recipients, with awards also reaching organizations elsewhere. The profile does not state whether it accepts unsolicited requests.

Health

Assets

$2.8B

Grants

59

Total Given

$3.2M

Emily Landecker Foundation Inc

Hanover, NH

The Emily Landecker Foundation supports charitable, educational, environmental, agricultural, transportation, and community-service organizations, primarily in New Hampshire’s and Vermont’s Upper Connecticut River Valley. In 2025, grants ranged from $500 to $1.6 million, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$37.2M

Grants

113

Total Given

$4.2M

Cogswell Benevolent Trust

Bedford, NH

The Cogswell Benevolent Trust funds established nonprofit and public-agency programs in areas including transportation, youth services, food, healthcare, and education, primarily in New Hampshire; limited out-of-state funding is available. Its 2024 grants ranged from $2,500 to $75,075, with a median of $10,000. It accepts proposals at any time; no deadline is listed.

Assets

$34.1M

Grants

107

Total Given

$1.8M

The Couch Family Foundation

Hanover, NH

The Couch Family Foundation funds early care and education statewide in New Hampshire, and work benefiting children, families, and communities in the Upper Valley of New Hampshire and Vermont and on Martha’s Vineyard. Its 2024 grants had a median award of $20,000; first-time grantees generally receive $10,000 or less. It states that it does not accept unsolicited requests, though its website invites applications for Cherished Communities; Statewide Early Care and Education is by invitation only.

Assets

$123.4M

Grants

106

Total Given

$6.1M

Endowment For Health Inc

Concord, NH

Endowment for Health funds health-related programs in New Hampshire, especially work benefiting vulnerable and underserved residents and advancing health equity and systemic change. Its 2025 grants had a median of $50,000; its Opportunity Grants typically range from $1,000 to $20,000. It provides an applicant portal, but whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$106.5M

Grants

105

Total Given

$6.4M

Abraham Burtman Charity Trust

Dover, NH

The Abraham Burtman Charity Trust funds poverty relief, education, religion, scholarships, and other charitable purposes, with grants typically ranging from $200 to $2,500. Its recent grants went to New Hampshire recipients; organizations are invited to apply by letter describing their work, proposed initiative, and requested amount, with proof of nonprofit status.

Assets

$639K

Grants

95

Total Given

$80K

Marvin & Annette Lee Foundation Inc

Greenville, NH

The foundation supports a varied range of charitable work, including education, environmental organizations, and religious groups, with most 2024 grant dollars going to Massachusetts recipients and additional funding across several states. It made 91 grants in 2024, typically small (median $400), though awards ranged from $200 to $25,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.9M

Grants

91

Total Given

$102K

More Funders in New Hampshire

Team Noreast Velo Club down — hundreds of funders to go?

Want AI to do this for you?