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Nonprofit · EIN 06-6076924

MANCHESTER SCHOLARSHIP FOUNDATION INC

Tax-exempt · MANCHESTER, CT 06040

Financials

$2.7M$1.1M2023$2.3M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of MANCHESTER SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,284,093$1,113,218$1,170,875$25,599,703$499,756$25,099,947
December 31, 2023990$2,702,439$1,143,559$1,558,880$24,194,785$463,312$23,731,473
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$282,366
Program service revenue
$0
Investment income
$2,001,727
Net gain from sales of assets
$1,426,488
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,043,033
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$16,500
Program services (functional)
$1,050,088
Management and general (functional)
$63,130

Balance sheet and other

Total assets, start of year
$24,194,785
Total assets, end of year
$25,599,703
Total liabilities, end of year
$499,756
Net assets, end of year
$25,099,947
Publicly traded securities
$25,054,929
Net assets without donor restrictions
$20,210,470
Net assets with donor restrictions
$4,889,477
Gross receipts
$13,074,422
Employees
0
Year formed
1965
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BEN CARBONETTIDIRECTOR
Trustee or director
1$0
MICHAEL DARBYDIRECTOR
Trustee or director
1$0
KATHY DYERDIRECTOR
Trustee or director
1$0
JENNIFER FIERECKDIRECTOR
Trustee or director
1$0
MARY ANN HAYWARDDIRECTOR
Trustee or director
1$0
CATHERINE KOEHLERDIRECTOR
Trustee or director
1$0
KELLY LIERZERDIRECTOR
Trustee or director
1$0
CAROL POWELLSECRETARY &
Trustee or director, Officer
1$0
HOLLY SCHAEFERDIRECTOR
Trustee or director
1$0
BEN TABACHNICKDIRECTOR
Trustee or director
1$0
NANCY BRAYPRESIDENT
Officer
1$0
DAVID CASSTREASURER
Officer
1$0
ROBIN MURDOCK-MEGGERSVICE PRESIDE
Officer
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
JENNIFER FIERECK STARTED 112023DIRECTOR
Trustee or director
1$0
FRANK STRANO RESIGNED 92023DIRECTOR
Trustee or director
1$0
BEN CARBONETTIDIRECTOR
Trustee or director
1$0
MICHAEL DARBYDIRECTOR
Trustee or director
1$0
KATHY DYERDIRECTOR
Trustee or director
1$0
MARY ANN HAYWARDDIRECTOR
Trustee or director
1$0
CATHERINE KOEHLERDIRECTOR
Trustee or director
1$0
KELLY LIERZERDIRECTOR
Trustee or director
1$0
CAROL POWELLDIRECTOR
Trustee or director
1$0
HOLLY SCHAEFERDIRECTOR
Trustee or director
1$0
BEN TABACHNICKDIRECTOR
Trustee or director
1$0
JOHN HIGGINS UNITL 122023TREASURER
Officer
1$0
NANCY ROBERTS UNTIL 92023SECRETARY
Officer
1$0
NANCY BRAYPRESIDENT
Officer
1$0
DAVID CASSSECRETARY
Officer
1$0
ROBIN MURDOCK-MEGGERSVICE PRESIDE
Officer
1$0

Address and contacts

Address (IRS master file)
20 HARTFORD ROAD, MANCHESTER, CT 06040-5973
Principal officer (990 for 2024)
DAVID CASS, 20 HARTFORD ROAD, MANCHESTER, CT 06040
Signed the 990
DAVID CASS, TREASURER
Phone
(860) 645-1673
Return prepared by
FIONDELLA MILONE & LASARACINA LLP

Mission

TO RAISE MONEY FOR THE PURPOSE OF AWARDING SCHOLARSHIPS TO ASSIST STUDENTS IN OBTAINING EDUCATION BEYOND THE SECONDARY SCHOOL LEVEL; TO GRANT SUCH SCHOLARSHIPS ON THE BASIS OF A COMBINATION OF THE FOLLOWING: COMMUNITY AND SCHOOL INVOLVEMENT, FINANCIAL NEED AND SCHOLASTIC ATTAINMENT; TO ACCOMPLISH THE ABOVE ACTIVITIES WITHOUT DISCRIMINATION AS TO RACE, CREED, COLOR, NATIONAL ORIGIN, ANCESTRY, GENDER, SEXUAL ORIENTATION, OR DISABILITY.

990 for the year ended December 31, 2024

Program accomplishments

  • COLLEGE TUITION SCHOLARSHIPS.
    Expenses $1,043,033 · grants $1,043,033
  • OTHER PROGRAM SERVICE EXPENSES RELATED TO THE DISTRIBUTION OF COLLEGE TUITION SCHOLARSHIPS.
    Expenses $7,055
  • COLLEGE TUITION SCHOLARSHIPS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
06-6076924
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$25,599,703
Income (IRS master file)
$13,074,422

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,284,093$1,113,218$25,599,703XML
990December 2023$2,702,439$1,143,559$24,194,785XML
990December 2022$870,610$1,046,891$23,486,119IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6076924).

Questions about MANCHESTER SCHOLARSHIP FOUNDATION INC

What is the EIN of MANCHESTER SCHOLARSHIP FOUNDATION INC?
The employer identification number (EIN) of MANCHESTER SCHOLARSHIP FOUNDATION INC is 06-6076924.
Is MANCHESTER SCHOLARSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to MANCHESTER SCHOLARSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MANCHESTER SCHOLARSHIP FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MANCHESTER SCHOLARSHIP FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MANCHESTER SCHOLARSHIP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MANCHESTER SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DAVID CASS.
Who are the officers and directors of MANCHESTER SCHOLARSHIP FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does MANCHESTER SCHOLARSHIP FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,284,093, expenses of $1,113,218 and total assets of $25,599,703 at year end.

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