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Harold & Elizabeth Shattuck Memorial Fdn

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043393807 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

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Overview

What is Harold & Elizabeth Shattuck Memorial Fdn?

The Harold & Elizabeth Shattuck Memorial Foundation, established in Lynn, Massachusetts, is a nonprofit organization primarily committed to providing scholarship assistance to eligible residents within its geographical location. Beyond this, the foundation supports five charitable organizations based in Marblehead, Massachusetts, contributing to their missions and activities. The foundation's mission aligns with this dual purpose, aiming to enrich its local community through both educational and charitable initiatives.

Is Harold & Elizabeth Shattuck Memorial Fdn legitimate?

Harold & Elizabeth Shattuck Memorial Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harold & Elizabeth Shattuck Memorial Fdn submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $23,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Harold & Elizabeth Shattuck Memorial Fdn?

The Harold & Elizabeth Shattuck Memorial Foundation's mission is to provide support to five charitable organizations. This support is aimed at providing scholarship assistance to qualified individuals within its operational area, as demonstrated by its association with Marblehead Dollars for Scholars. The foundation's primary focus is on contributing to the causes of these charitable organizations, thereby positively impacting the communities they serve.

Who is the CEO of Harold & Elizabeth Shattuck Memorial Fdn?

Unavailable

What is the revenue of Harold & Elizabeth Shattuck Memorial Fdn?

Harold & Elizabeth Shattuck Memorial Fdn's revenue in 2023 was $290,168.

Who are the executives of Harold & Elizabeth Shattuck Memorial Fdn and what are their salaries?


Here are 2 key members and their salaries:


National Grand Bank (Trustee)
  • Compensation: $8,167
  • Related: $0
  • Other: $0
Eastern Bank (Trustee)
  • Compensation: $14,866
  • Related: $0
  • Other: $0
Where can I find the form 990 for Harold & Elizabeth Shattuck Memorial Fdn?

Harold & Elizabeth Shattuck Memorial Fdn's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Harold & Elizabeth Shattuck Memorial Fdn

The Harold & Elizabeth Shattuck Memorial Foundation is dedicated to supporting five charitable organizations in their mission. Specifically, the foundation aims to provide assistance to these organizations, contributing to their collective efforts to improve various aspects of their communities. One of the organizations they support is Marblehead Dollars for Scholars, which provides scholarship assistance to qualified residents within its geographical location. By funding this organization, the Harold & Elizabeth Shattuck Memorial Foundation is investing in the education and future of local youth, helping them to pursue their aspirations and contribute positively to society. Through its support of these five charitable organizations, the foundation plays a crucial role in strengthening the community and improving the lives of its residents.

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Impact




October, 2024

The Harold & Elizabeth Shattuck Memorial Foundation plays a significant role in enhancing the community of Marblehead, Massachusetts, by supporting five charitable organizations. One of its key initiatives is Marblehead Dollars for Scholars, which provides scholarship assistance to qualified residents. This support fosters educational opportunities, empowering individuals to pursue their academic goals and contribute positively to their community. Overall, the Foundation's impact is seen in the strengthened educational resources and the promotion of philanthropy within Marblehead, creating a lasting legacy of support and community development.




This information is meant to be a general summary of Harold & Elizabeth Shattuck Memorial Fdn. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$290,168 (2023)
Expenses
$71,872 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $290,168
  • Gross Receipts: $2,021,798

Assets and Liabilities:

  • Total Assets: $6,060,866
  • Total Liabilities: $0
  • Net Assets: $6,060,866

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Organization Details

Founding Year

1993

Main Address

EASTERN BANKAGENT265 FRANKLIN ST, LYNN, MA, 01901

NTEE Category

Code: T22Z - Philanthropy

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