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Commencement Inc. is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 2021. It holds total assets of $2.1M. Annual income is reported at $1.8M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Commencement Inc. has made 3 grants totaling $90K, with a median grant of $30K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Maryland and District of Columbia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Commencement Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MD, DC.
Commencement Inc. has distributed a total of $90K across 3 grants. The median grant size is $30K, with an average of $30K. Individual grants have ranged from $30K to $30K.
Commencement Inc. typically selects its grantees rather than accepting unsolicited proposals.
Commencement Inc. is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas Funk | PRESIDENT | $0 | $0 | N/A |
| Debbie Williams | VICE PRESIDENT | $0 | $0 | N/A |
| Jody Latimer | SECRETARY | $0 | $0 | N/A |
| Erica Myers | TREASURER | $0 | $0 | N/A |
| Monique Rizer | ASSISTANT TREASURER | $0 | $0 | N/A |
Total Giving
$106K
Total Assets
$2.1M
Fair Market Value
$1.9M
Net Worth
$2.1M
Grants Paid
$90K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$93K
Total: $1.5M
Total Grants
3
Total Giving
$90K
Average Grant
$30K
Median Grant
$30K
Unique Recipients
3
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mentoring Mentors IncSPRING BREAK COLLEGE TOUR 2023 | Baltimore, MD | $30K | 2022 |
| Urban Alliance Foundation IncPAID WORK EXPERIENCE; COLLEGE AND CAREER SERVICES MANAGER | Washington, DC | $30K | 2022 |
| Collegebound Foundation IncBOOK AWARDS; COLLEGE COMPLETION SUPPORT | Baltimore, MD | $30K | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD