INDEPENDENT UNIVERSITY ALUMNI

DRACUT, MA 01826 EIN 042052723

https://N/A
$9.1M Total Assets (2020)
$120K Total Giving (2020)
3 Grants on File (2019–2023)
$120K Avg Grant Size

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person PATRICIA RIVARD-GARDNER
Phone 9789346530
Deadlines SUBMISSION DEADLINE FOR FISCAL YEAR ENDING 6/30/2019 WAS 11/7/2018
How to Apply APPLICATIONS ARE AVAILABLE AT THE INDEPENDENT UNIVERSITY ALUMNI ASSOCIATION OFFICE LOCATED AT 84 UNIVERSITY AVENUE, LOWELL, MASSACHUSETTS.
Restrictions THE SCHOLARSHIPS, GRANTS OR AWARDS MUST BE USED TOWARDS TUITION, BOOKS, FEES AND OTHER RELATED EDUCATIONAL EXPENSES AT THE UNIVERSITY OF MASSACHUSETTS-LOWELL.

Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2019 N/A $9.7M $740K N/A
2020 $120K $9.1M $445K 1
2021 $160K $11.6M $452K 1
2023 $5K $9.1M $284K 1

Grant Size Distribution

Based on 3 grants on record

Minimum
$5K
25th Pctl
$5K
Median
$120K
Average
$95K
75th Pctl
$160K
Maximum
$160K

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
MARGARET SHANAHAN EXECUTIVE DIRECTOR $54K
KEVIN SHANAHAN PRESIDENT
MICHAEL ALPERT VICE PRESIDENT
PATRICIA RIVARD GARDNER TREASURER
DAVIS LEE SECRETARY
WALTER DAWSON DIRECTOR
RICHARD DONALDSON DIRECTOR
GEORGE DUGGAN DIRECTOR
HAE-YOUNG CHRISTINA JOO DIRECTOR
VALERIE KING DIRECTOR
MARY ANN KITROSSER DIRECTOR
THOMAS VAUGHN DIRECTOR
JOSEPH VECCHIONE DIRECTOR
RICHARD RUSSELL DIRECTOR
THOMAS O'DONNELL DIRECTOR
WALTER F DAWSON DIRECTOR
GEORGE L DUGGAN DIRECTOR
KEVIN D SHANAHAN PRESIDENT
DAVIS LE SECRETARY
HAE-YOUNG CHRISTINA YOO DIRECTOR
JAMES SWARTZ DIRECTOR
MARY GAIL JAGGERS DIRECTOR
PATRICIA RIVARD-GARDNER TREASURER
DRUCILLA FITZGERALD DIRECTOR
MARK COTE SECRETARY
JOHN T O'DONNELL DIRECTOR
PATRICIA GARDNER TREASURER

Grants Awarded (3 total)

RecipientLocationAmountPurposeYear
SEE ATTACHED STATEMENT LOWELL, MA $160,000 SCHOLARSHIPS AND GRANTS 2021
SEE ATTACHED STATEMENT LOWELL, MA $120,300 SCHOLARSHIPS AND GRANTS 2020
VARIOUS INDIVIDUALS LOWELL, MA $5,000 PROVIDE ANNUAL SCHOLARSHIPS TO UNIVERSITY STUDENTS;ACCRUED IN PRIOR YEAR,PAID IN CURRENT YEAR 2023