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New Hampshire Charitable Foundation

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

EIN: 026005625 ✦ Concord, NH ✦ Designated as a 501(c)(3)

Overview

What is New Hampshire Charitable Foundation?

The New Hampshire Charitable Foundation, located at 37 Pleasant Street, Concord, New Hampshire, functions as the state's largest grant provider to nonprofits and scholarship provider to local residents. In 2022, the foundation granted over $52 million to around 2,283 nonprofit organizations, focusing on areas such as health and well-being, environmental protection, education, housing, arts and culture, civic health, and economic security. The organization awarded over $8 million in scholarships to 1,787 students, supporting various educational opportunities, from traditional colleges and universities to technical training and certificate programs. The New Hampshire Charitable Foundation strives to make New Hampshire a more just, sustainable, and vibrant community where everyone can thrive by supporting local nonprofits, connecting donors with community needs, collaborating with partners, advocating for important issues, and investing charitable assets. The foundation employs 62 individuals to carry out its mission.


Official website here: www.nhcf.org

Is New Hampshire Charitable Foundation legitimate?

New Hampshire Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hampshire Charitable Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,387,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,122,651

For more financial information, click here


Official website here: www.nhcf.org

What is the mission statement of New Hampshire Charitable Foundation?

The New Hampshire Charitable Foundation works towards making New Hampshire a more just, sustainable, and thriving community for all. They accomplish this mission by providing support to New Hampshire's nonprofit organizations and students. The foundation also connects generous donors with pressing community needs and effective ways to give. Through collaboration, relationship-building, and learning from all community partners, they advocate for important public issues. Additionally, they invest charitable assets to ensure a perpetual source of philanthropic capital, all in alignment with their purpose and values.


Official website here: www.nhcf.org

Who is the CEO of New Hampshire Charitable Foundation?

Richard Ober is the President of New Hampshire Charitable Foundation.


Official website here: www.nhcf.org

What is the revenue of New Hampshire Charitable Foundation?

New Hampshire Charitable Foundation's revenue in 2022 was $65,087,484.


Official website here: www.nhcf.org

Who are the executives of New Hampshire Charitable Foundation and what are their salaries?

The average compensation at New Hampshire Charitable Foundation during 2022 was $88,876. There are 62 employees and 103 volunteers at New Hampshire Charitable Foundation.

Here are 26 key members and their salaries:

    Richard Ober (President) [Trustee/Director]
  • Compensation: $383,387
  • Related: $0
  • Other: $61,505

    • Michael Wilson (Vp/Chief Financial Officer)
  • Compensation: $256,687
  • Related: $0
  • Other: $56,016

    • Richard Peck (Vp, Development & Philanthropy)
  • Compensation: $170,647
  • Related: $0
  • Other: $51,449

    • Jennifer Perkins (Vp Of Administration)
  • Compensation: $180,613
  • Related: $0
  • Other: $28,278

    • Katherine Merrow (Vp Of Community Impact (End 10/2022))
  • Compensation: $180,563
  • Related: $0
  • Other: $18,497

    • Rebecca Carr (Controller)
  • Compensation: $149,345
  • Related: $0
  • Other: $28,987

    • Kristen Oliveri (Vp Of Communications & Marketing)
  • Compensation: $138,535
  • Related: $0
  • Other: $23,946

    • Michael Turmelle (Director, Educ. & Career Initiatives)
  • Compensation: $116,600
  • Related: $0
  • Other: $24,587

    • Laura Rauscher (Director, Development & Philanthropy)
  • Compensation: $118,622
  • Related: $0
  • Other: $13,086

    • Christina D'Allesandro (Director, Childhood & Family Support)
  • Compensation: $115,288
  • Related: $0
  • Other: $13,150

    • Evelyn Aissa (Board Member (Start 6/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larissa Ruiz Baia (Board Member (End 6/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen A Beauregard (Board Member (End 5/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerrianne Boggis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Johanna Brown (Board Member (End 5/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Girald (Board Member (Start 6/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy C Hodder (Board Member (End 5/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth R Kinder (Board Member (End 5/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Mattson Dustin (Board Member (Start 6/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane M Mercier (Board Member (End 5/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pawn Nitichan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ritu Gupta Ullal (Board Member (Start 6/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Couch (Chair; Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph G Morone (Vice Chair; Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F Weeks (Treasurer; Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Robert Hirschfeld (Secretary; Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nhcf.org

    Where can I find the form 990 for New Hampshire Charitable Foundation?

    The New Hampshire Charitable Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nhcf.org

    Learn more at the official website: www.nhcf.org

    Mission Statement of New Hampshire Charitable Foundation

    The New Hampshire Charitable Foundation, a renowned philanthropic organization, is dedicated to creating a more just, sustainable, and thriving community for all New Hampshire residents. Through its mission, the Foundation supports local nonprofit organizations and students, connects generous donors with pressing community needs, fosters collaborative relationships, advocates for important public issues, and invests charitable assets in alignment with its purpose and values.

    By backing New Hampshire's nonprofits and students, the Foundation plays a pivotal role in enhancing the community's social fabric and addressing the needs of its most vulnerable populations. It serves as a bridge between generous individuals and impactful causes, enabling transformative change across various sectors.

    In addition to financial support, the Foundation also builds relationships and learns from its diverse community partners. It advocates for important public issues, using its voice to amplify the causes that matter most to its stakeholders. Moreover, the Foundation invests its charitable assets thoughtfully, ensuring a perpetual source of philanthropic capital for future generations. Through these various efforts, the New Hampshire Charitable Foundation continues to make a significant positive impact on the lives of New Hampshire residents.

    Impact

    This information is meant to be a general summary of New Hampshire Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Hampshire Charitable Foundation's impact is significant in making New Hampshire a more just, sustainable, and vibrant community where everyone can thrive. As the state's largest provider of grants to nonprofits and scholarships to local residents, the foundation plays a crucial role in supporting organizations and individuals in various areas such as health and well-being, environmental protection, education, housing, arts and culture, civic health, and economic security. In 2022 alone, the foundation provided over $52 million in grants and program initiatives to approximately 2,283 nonprofit organizations, while also awarding more than $8 million in scholarships to 1,787 students pursuing diverse educational opportunities. Through its mission to support nonprofits, students, connect generous individuals with community needs, advocate on public issues, and strategically invest charitable assets, the New Hampshire Charitable Foundation continues to make a lasting impact on the state's philanthropic landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,195,254
  • Program Service Revenue: $125,821
  • Gross Receipts: $143,267,419

    • Assets and Liabilities:
  • Total Assets: $906,709,858
  • Total Liabilities: $64,521,161
  • Net Assets: $842,188,697
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Foundation Admin Fees

    Revenue

    $102,800

    Program Loan Interest

    Revenue

    $13,421

    Grant Administration

    Revenue

    $9,474

    Scholarship Loan Interest

    Revenue

    $126

    Organization Details

    Founding Year

    1962

    Principal Officer

    Richard Ober

    Main Address

    37 Pleasant Street, Concord, NH, 033014005

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of New Hampshire Charitable Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.