Ricky Monahan Memorial Fund is a private corporation based in ROWLEY, MA. The foundation received its IRS ruling in 1993. The principal officer is % Maureen Macdonald. It holds total assets of $198K. Annual income is reported at $15K. 5 INDIVIDUALS WERE AWARDED AN EDUCATION SCHOLARSHIP IN THE AMOUNT OF $5,000 EACH. According to available records, Ricky Monahan Memorial Fund has made 14 grants totaling $70K, with a median grant of $5K. Annual giving has grown from $10K in 2020 to $50K in 2022. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
2 INDIVIDUALS WERE AWARDED AN EDUCATION SCHOLARSHIP IN THE AMOUNT OF $5,000 EACH
Expenses: $10K
5 INDIVIDUALS WERE AWARDED AN EDUCATION SCHOLARSHIP IN THE AMOUNT OF $5,000 EACH. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MA.
Ricky Monahan Memorial Fund has distributed a total of $70K across 14 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
The application deadline is Dates subject to High School awards ceremony each year. Medical field of study required, student must graduate from Newburyport High or Triton Regional High.
Ricky Monahan Memorial Fund is headquartered in ROWLEY, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maureen Macdonald | TREASURER | $0 | $0 | $0 |
| Scott Macdonald | PRESIDENT | $0 | $0 | $0 |
Total Giving
$10K
Total Assets
$176K
Fair Market Value
$247K
Net Worth
$176K
Grants Paid
$10K
Contributions
$0
Net Investment Income
$6K
Distribution Amount
$12K
Total: $165K
Total Grants
14
Total Giving
$70K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
9
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ethan P BarryCOLLEGE TUITION | Newburyport, MA | $5K | 2022 |
| Brady T OdonnellCOLLEGE TUITION | Newburyport, MA | $5K | 2022 |
| Alyssa K MullenCOLLEGE TUITION | Salisbury, MA | $5K | 2022 |
| Isabella M ServinoCOLLEGE TUITION | Rowley, MA | $5K | 2022 |
| Christopher L McisaacCOLLEGE TUITION | Salisbury, MA | $5K | 2022 |
HARWICH, MA
NEWBURYPORT, MA
NEW LONDON, NH
MONROEVILLE, PA
MILFORD, CT
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Liberty PalerminaCOLLEGE TUITION |
| Newburyport, MA |
| $5K |
| 2021 |
| Daniel GroderCOLLEGE TUITION | Salisbury, MA | $5K | 2021 |
| Madison SchmidtCOLLEGE TUITION | Newburyport, MA | $5K | 2020 |
| Maggie BowenCOLLEGE TUITION | Rowley, MA | $5K | 2020 |
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