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Optimist Club Of Loch Raven Maryland Foundation Inc. is a private corporation based in TOWSON, MD. The foundation received its IRS ruling in 1996. The principal officer is Robert E Mongan Sr. It holds total assets of $308K. Annual income is reported at $14K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of community development. 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, Optimist Club Of Loch Raven Maryland Foundation Inc. has made 4 grants totaling $26K, with a median grant of $7K. Annual giving has grown from $8K in 2020 to $10K in 2022. Individual grants have ranged from $5K to $8K, with an average award of $7K. Grant recipients are concentrated in Maryland. 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.
Optimist Club Of Loch Raven Maryland Foundation Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MD.
Optimist Club Of Loch Raven Maryland Foundation Inc. has distributed a total of $26K across 4 grants. The median grant size is $7K, with an average of $7K. Individual grants have ranged from $5K to $8K.
Optimist Club Of Loch Raven Maryland Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Optimist Club Of Loch Raven Maryland Foundation Inc. is headquartered in TOWSON, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Munford | Secretary | $0 | $0 | N/A |
| Joe Fiedler | Treasurer | $0 | $0 | N/A |
| Ronald Conley | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$714K
Fair Market Value
$327K
Net Worth
$714K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total: $325K
Total Grants
4
Total Giving
$26K
Average Grant
$7K
Median Grant
$7K
Unique Recipients
1
Most Common Grant
$8K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cool Kids CampaignGeneral | Towson, MD | $5K | 2022 |