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Merrimack County Savings Bank Foundation is a private trust based in CONCORD, NH. The foundation received its IRS ruling in 1997. The principal officer is Linda Lorden. It holds total assets of $982K. Annual income is reported at $288K. Total assets have grown from $808K in 2011 to $983K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New Hampshire. According to available records, Merrimack County Savings Bank Foundation has made 42 grants totaling $129K, with a median grant of $3K. Individual grants have ranged from $2K to $5K, with an average award of $3K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in New Hampshire. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 21 grants from the most recent 990-PF filing.
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.
Merrimack County Savings Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in NH.
Merrimack County Savings Bank Foundation has distributed a total of $129K across 42 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $5K.
The application deadline is APPLICATIONS ARE ACCEPTED BEGINNING AUGUST 1ST TO SEPTEMBER 1ST IN THE GRANT YEAR.. The foundation does not fund requests from individuals, municipalities, private schools, political, labor, religious, fraternal, veterans organizations, nor organizations whose main function is lobbying. Grant requests are encouraged from not-for-profit, civic, arts, environmental, social service, health and affordable housing organizations that have 501(c)(3) status. All applications for grants must be in writing. The foundation's geographic focus will be those communities that the bank services. The service area will be defined as the bank's assessment areas. Requests from statewide organizations may be considered, but the decision process will center around the use of a grant to fund programs to benefit the communities within the foundation's geographic focus. In its deliberations, the trustees will consider the severity of need, the level of funding available from other sources and the likelihood that the donation will bring about the desired outcomes. While amounts vary, typically.
Merrimack County Savings Bank Foundation is headquartered in CONCORD, NH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elyssa Alfieri | TRUSTEE | $0 | $0 | N/A |
| Kelli D'Amore | TRUSTEE | $0 | $0 | N/A |
| Jessica Prieto | TRUSTEE | $0 | $0 | N/A |
| Linda Lorden | SECRETARY/TR | $0 | $0 | N/A |
| Christopher Brown | TRUSTEE | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$983K
Fair Market Value
$1.2M
Net Worth
$983K
Grants Paid
$57K
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$58K
Total: $952K
Total Grants
42
Total Giving
$129K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
21
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Front Door AgencyFUNDS WILL BE USED TO PROVIDE HOMELE | Nashua, NH | $5K | 2022 |
| WaypointTO SUPPORT A DROP-IN CENTER AND SERV | Manchester, NH | $5K | 2022 |
| Concord Dental Sealant CoalitionTO PROVIDE ORAL HEALTH EDUCATION, CO | Concord, NH | $4K | 2022 |
| Boys And Girls Club Of Greater NashTO SUPPORT STEM PROGRAMMING FOR MEMB | Nashua, NH | $4K | 2022 |
| Brigid'S House Of HopeSUPPORT FUNDING OF HOUSE MANAGER SAL | Concord, NH | $4K | 2022 |
| Overcomers Refugee ServicesFUND THE COST OF MONTHLY MEETINGS TO | Concord, NH | $4K | 2022 |
| Girls Inc Of New HampshireTO FUND RESEARCH-BASED PREVENTION PR | Manchester, NH | $4K | 2022 |
| Family Promise Of Southern New HampPURCHASE SUPPLIES FOR FAMILIES WHO A | Nashua, NH | $3K | 2022 |
| Family Promise Of Greater ConcordFUND CASE MANAGEMENT HOURS FOR THE P | Concord, NH | $3K | 2022 |
| Circle ProgramFUND 2 YEAR-ROUND PROGRAMS FOR GIRLS | Plymouth, NH | $3K | 2022 |
| See Science Center IncFUNDS WILL BE USED TO PROVIDE FREE S | Manchester, NH | $3K | 2022 |
| Concord Hospital TrustSUPPORT FOR SUBSTANCE-EXPOSED NEWBOR | Concord, NH | $3K | 2022 |
| Friends Of New Hampshire Drug CourtPROVIDE FINANCIAL SUPPORT TO PARTICI | Concord, NH | $3K | 2022 |
| Step Up ParentsFUNDS TO EXPAND THEIR OUTREACH OF FI | Portsmouth, NH | $3K | 2022 |
| Marguerite'S PlaceTO PROVIDE FOUR MONTHS OF FAMILY EMP | Nashua, NH | $3K | 2022 |
| The Pittsfield Youth WorkshopFUNDS WILL BE USED TO ASSIST IN PROV | Pittsfield, NH | $3K | 2022 |
| Catholic Charities Of NhASSIST APPROXIMATELY 1,000 LOW-INCOM | Manchester, NH | $3K | 2022 |
| Ymca Of Greater NashuaSUPPORT THE Y'S POWER SCHOLARS ACADE | Nashua, NH | $2K | 2022 |
| Northeast Organic Farming AssociatiSUPPORT THE FARM SHARE PROGRAM AND O | Concord, NH | $2K | 2022 |
| Webster House Children'S HomeSUPPORT FOR THE WEBSTER HOUSE OUTDOO | Manchester, NH | $2K | 2022 |
| Boys & Girls Clubs Of Central NhSUPPORT THE ENHANCEMENT OF OUTDOOR R | Concord, NH | $2K | 2022 |