A Private Foundation located in Annapolis, MD



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

R

2023 Tax Year

About this Private Foundation: 424054

This private foundation is located in Annapolis and provides grants for various charitable purposes, with a focus on employment and job-related initiatives. It primarily supports scientific research in Theoretical and Applied Mechanics by awarding prizes and grants for advanced mechanics graduate studies. The foundation is dedicated to enhancing educational opportunities and fostering innovation in the field of mechanics. Through its funding activities, it aims to contribute to the advancement of knowledge and skills in this area, ultimately supporting the development of a skilled workforce and promoting research excellence.

Foundation Profile

In the tax year 2024, a private foundation based in Annapolis has emerged as a significant player in the realm of charitable giving, with total assets amounting to $1.8 million. This foundation is dedicated to fostering advancements in employment and job-related initiatives, reflecting its commitment to enhancing workforce development and economic stability. In this fiscal year, the foundation has distributed an impressive $128.2K in grants, underscoring its active role in supporting meaningful projects that align with its mission. The foundation's primary focus is on scientific research, particularly in the fields of Theoretical and Applied Mechanics. By awarding grants and prizes for advanced mechanics graduate studies, it aims to cultivate a new generation of innovators and researchers who will contribute to the advancement of technology and engineering. This commitment to education and research not only strengthens the academic community but also addresses the pressing need for skilled professionals in the job market. Grant opportunities from this foundation are primarily targeted at institutions and organizations engaged in scientific research and workforce development. Eligibility criteria typically include nonprofit status, a focus on job-related initiatives, and a commitment to advancing knowledge in mechanics. The foundation prioritizes projects that demonstrate a clear potential for impact, innovation, and sustainability in their respective fields. Funding locations are not restricted to a specific geographic area, allowing a broader reach to support initiatives that align with its mission. As a result, organizations across various regions can apply for funding, provided they meet the outlined eligibility requirements. For grant seekers, this foundation represents a valuable opportunity to secure funding for projects that not only contribute to scientific research but also enhance employment prospects in the community. By focusing on the intersection of education, research, and job creation, the foundation plays a crucial role in shaping a brighter future for individuals and the economy alike.
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Annapolis, MD

Summary

Assets

$1.7m

Distributions

$128.2k

Contributions

$0

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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State

MD

City

Annapolis

Purpose

Interest

Employment & Job Related

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Private institutions of higher education
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Small Businesses
Specialized District Governments
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Unrestricted
Nonprofit Grant Provider in Annapolis, MD with $1.7m in Assets