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Team Noreast Velo Club is a private corporation based in DURHAM, NH. The foundation received its IRS ruling in 2008. The principal officer is Tom Luther. It holds total assets of $14K. Annual income is reported at N/A. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Team Noreast Velo Club has made 2 grants totaling $2K, with a median grant of $750. Annual giving has grown from $500 in 2020 to $1K in 2021. Individual grants have ranged from $500 to $1K, with an average award of $750. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New Hampshire.
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.
Team Noreast Velo Club primarily funds organizations in the area of human services. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NH.
Team Noreast Velo Club has distributed a total of $2K across 2 grants. The median grant size is $750, with an average of $750. Individual grants have ranged from $500 to $1K.
Team Noreast Velo Club typically selects its grantees rather than accepting unsolicited proposals.
Team Noreast Velo Club is headquartered in DURHAM, NH.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$342
Total Assets
$23K
Fair Market Value
N/A
Net Worth
$23K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$2K
Average Grant
$750
Median Grant
$750
Unique Recipients
2
Most Common Grant
$1K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Orchard Cross Bike RaceSupport the sport of bicycling | North Hampton, NH | $1K | 2021 |
| Luca Haines NaacpSupport a Border to Beach fundraiser for NAACP (through GoFundMe) | Durham, NH | $500 | 2020 |