M Ruth Lee Scholarship Fund
EIN 042773935Total Given 2018–2024
$252K
149 grants · $36K avg/year
based on 7 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$2K
typical micro grants · $1K–$2K
grant size
1%
transactional · 1/145 multi-year
repeat
$687K
Assets (2024)
145
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
CARY LEBLANC
Phone
(508) 789-8030
Deadlines
NONE
How to Apply
APPLICATIONS WILL BE EVALUATED BASED ON: 1). LEADERSHIP QUALITIES DEMONSTRATED THROUGH EXTRA- CURRICULAR ACTIVITIES, VOLUNTEERING AND EMPLOYMENT 2). AN ESSAY WRITTEN BY THE STUDENTS 3). TWO LETTERS OF RECOMMENDATION REFLECTING THE APPLICANT'S CHARACTER AND PERSONAL QUALITIES 4). SCOLASTIC ACHIEVEMENT BASED ON GRADE POINT AVERAGE & COLLEGE ENTRANCE TEST SCORES (SAT, ACT) 5). DISCRETION OF THE COMMITTEE MEMBERS
Restrictions
A. SCHOLARSHIP OVERVIEW THE M. RUTH LEE SCHOLARSHIP FUND HAS BEEN ESTABLISHED AS AN "ENDOWED SCHOLARSHIP." AS SUCH PRINCIPAL OF THE FUND IS INVESTED TO PRODUCE INCOME, AN ANNUAL AWARD IS MADE TO STUDENTS. THE PRINCIPAL REMAINS UNTOUCHED, SO THE ENDOWMENT CAN LAST INTO PERPETUITY. ON AN ANNUAL BASIS (SPECIFIC DATE TBD) THE EARNINGS OF THE PRINCIPAL FUND ARE TRANSFERRED TO A SPENDING ACCOUNT, WHICH IN ACCORDANCE WITH TAX/TRUST REGULATIONS MUST BE DISTRIBUTED PER THE CRITERIA ESTABLISHED BY THE TRUSTEES AND IN COMPLIANCE WITH ALL APPLICABLE LAWS. B. SCHOLARSHIP FOUNDATION OPERATIONS TRUSTEE MANAGED - IN ADDITION TO MANAGING THE INVESTMENT OF PRINCIPAL, THE TRUSTEES WOULD BE ACTIVELY INVOLVED IN ALL ASPECTS OF THE TRUST. THIS MAY INCLUDE SUCH THINGS AS; COMMUNICATION OF THE SCHOLARSHIP, DISSEMINATING OF INFORMATION TO INTERESTED PARTIES, APPLICATION PROCESSING (READING ALL APPLICATIONS, INTERVIEWING WHEN/WHERE NECESSARY, OBTAINING ALL PERTINENT INFORMATION, E.G. FAMILY TAX RETURNS AND/OR F
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $32K | $728K | $51K | 26 |
| 2019 | $36K | $310 | $42K | 27 |
| 2020 | $39K | $659K | $24K | 20 |
| 2021 | $39K | $807K | $32K | 22 |
| 2022 | $36K | $644K | $53K | 20 |
| 2023 | $36K | $650K | $25K | 17 |
| 2024 | $34K | $687K | $23K | 17 |
Grant Size Distribution
Based on 149 grants on record
Minimum
$1K
25th Pctl
$1K
Median
$2K
Average
$2K
75th Pctl
$2K
Maximum
$4K
Geographic Distribution
Officers & Directors
RK
Rebecca W Killion
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
RK
Rebecca W Killion
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
RK
Rebecca W Killion
7+ yrs
Trustee
RK
Rebecca W Killion
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
RK
Rebecca W Killion
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
RK
Rebecca W Killion
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
CL
Cary Leblanc
7+ yrs
Trustee
RK
Rebecca W Killion
7+ yrs
Trustee
Grants Awarded (149 total)
| Purpose | ||||
|---|---|---|---|---|
| Jordan Buzwell | Wenham, MA | $4,000 | SCHOLARSHIP | 2023 |
| Ekaterona Rau | Fitchburg, MA | $3,000 | SCHOLARSHIP | 2022 |
| Aidan Donahue | Fitchburg, MA | $3,000 | SCHOLARSHIP | 2022 |
| North Central Chamber Foundation | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2019 |
| Fion Kelly | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2019 |
| Madison O'Toole | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2019 |
| Victoria Hanlon | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2019 |
| Liam Flaherty | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2019 |
| North Central Chamber Foundation | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Briana Basile | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Kayla Desseta | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Aaliyah Padilla | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Alexis Gaudet | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Cali Dupuis | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Alexis Perez-Lucas | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Christtaney Noble | Leominster, MA | $2,000 | SCHOLARSHIP | 2021 |
| Jamie Erickson | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Brandon Gibbons | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Jeremy Keis | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Chelsea Adontery | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Kaleb Lugo | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Georgette Mensah-Hayes | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Matthew Smith | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Matthew Sullivan | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |
| Maggie Constantino | Fitchburg, MA | $2,000 | SCHOLARSHIP | 2021 |