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THE THOMAS R ELSASSER MEMORIAL SCHOLARSHIP FUND INC
NEW YORK, NY · EIN 133661508 · Form 990 · FY2023 · Small ($100K-$1M)
revenue
$556K
expenses
$585K
net assets
$4.0M
employees
0
program ratio
92%
mission · from form 990

TO COLLECT CONTRIBUTIONS ON BEHALF OF DECEASED MEMBERS.

profile · synthesized from sources

The Thomas R Elsasser Memorial Scholarship Fund Inc provides financial assistance to widows of UFA members who died under non-line-of-duty circumstances, including support for medical and catastrophic insurance premiums. The organization also makes charitable donations to other firefighter-support nonprofits. It operates exclusively for the benefit of this specific population in New York.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $490K
    THE CORPORATION PROVIDED FINANCIAL ASSISTANCE TO APPROXIMATELY 89 WIDOWS OF UFA MEMBERS WHO DIED IN NON-LINE OF DUTY CIRCUMSTANCES. THE CORPORATION ALSO PAID MEDICAL AND CATASTROPHIC INSURANCE PREMIUMS ON BEHALF OF SUCH WIDOWS.
named programs · 2 · from sources

What they call their work

Charitable Donation Program
Makes grants to other 501(c)(3) organizations supporting firefighters and their families, such as the Fire Family Transport Foundation
Financial Assistance for Widows
Provides direct financial aid to approximately 85–100 widows of UFA members annually and covers their medical and catastrophic insurance premiums
activities · 2 groups

What they do

  • Hospital and Medical Center Support 1 activity
    • Funding transportation support for firefighters and families via Fire Family Transport Foundation
      Funds the Fire Family Transport Foundation, Ltd. to provide transportation services for firefighters and their families to medical institutions.
  • Death Benefit Payments to Members 1 activity
    • Providing financial assistance and insurance premium payments for widows of UFA members
      Provides financial assistance and covers medical and catastrophic insurance premiums for widows of UFA members who died in non-line of duty circumstances. Supported approximately 85–100 widows annually based on multi-year reporting.
financials · form 990 · fy2023
revenue
Total revenue$556K
Contributions & grants$420K75%
Program service revenue$00%
Investment income$136K25%
Other revenue$90
expenses
Total expenses$585K
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$0
Grants paid out$539K
Largest expense lineProfessional Fees
balance sheet
Total assets$4.03M
Cash$226K
Investments$3.80M
Liabilities$7K
Net assets$4.03M
Liquid reserves82.7 mo
5 years on record · 2019–2023 · YoY revenue +48.0%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ANDREW ANSBRO CO-CHAIRMAN 1 $170K
board members · 11
  • EDDIE BURKE — DIRECTOR
  • KEVIN E GALLAGHER — CHAIRMAN
  • MICHAEL BLOCK — DIRECTOR
  • MICHAEL BURKE — DIRECTOR
  • ROBERT STRAUB — TREASURER
  • SHEILA PETTIT — SECRETARY
  • STAN REIMER — DIRECTOR
  • THOMAS LAMACCHIA — DIRECTOR
  • TROY ROBERTS — DIRECTOR
  • WILLIAM KAMMERER — DIRECTOR
  • WILLIAM NOLAN — DIRECTOR
relationships · 1

Who they work with

  • FIRE FAMILY TRANSPORT FOUNDATION, LTD. Partner — Recipient of donation to assist firefighters and their families with medical transport.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.