Public Charity

THE MONROE FOUNDATION INC

THE MONROE FOUNDATION INC is a nonprofit organization categorized as Public Charity based in NEW ROCHELLE, NY. Its most recent IRS filing (2024) reports revenue of $87K, expenses of $170K, total assets of $2.8M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $96K.

EIN: 223236708 NEW ROCHELLE, NY Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$87K
Total Expenses$170K
Total Assets$2.8M
Grant Records9
Funding Total$96K
Filing Years2020–2024

Mission

THE MONROE FOUNDATION ASSISTS DESERVING INDIVIDUALS IN THEIR PERSUIT OF HIGHER EDUCATION, EMPHASIZING SUPPORT OF UNDERSERVED AND VETERAN STUDENTS AND OTHERS WHO ARE QUALIFIFED TO ATTEND COLLEGE BUT WHO REQUIRE ADDITIONAL FINANCIAL ASSISTANCE TO PERSUE OR RESUME THEIR EDUCATION. THE FOUNDATION SEEKS TO HELP LIFT FINANCIAL BARRIERS WHICH, IF NOT ADDRESSED, MAY RESULT IN QUALIFIED STUDENTS BEING UNABLE TO CONTINUE THE PATH TO THE ATTAINMENT OF HIGHER EDUCATION CREDENTIALS.

Where $100 goes at The Monroe Foundation Inc

How The Monroe Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$44 Programs the work itself
$42 Management running the organization
$14 Fundraising raising the next dollar

Inside the $44 for programs

$44
The distribution of grant funds to institutions of higher education for the provision of scholarships
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anthony Coschigano
DIRECTOR Greg Gonzalez
DIRECTOR Lauren Rosenthal
DIRECTOR Manny Tartaglione
TREASURER Olesia Tiagi
DIRECTOR Olha Paluch

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$73,500 6 grants
General Support
$14,000 2 grants
Arts & Culture
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $87K $170K $2.8M
2023 $364K $436K $2.5M
2022 $645K $416K $2.0M
2021 $270K $375K $2.3M
2020 $72K $286K $1.9M

Between 2020 and 2024, reported annual revenue grew from $72K to $87K (+22%), with total assets most recently reported at $2.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE MONROE FOUNDATION INC

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