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THE MVMA FOUNDATION
SCHENECTADY, NY · EIN 550853578 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$41K
expenses
$5K
net assets
$305K
employees
—
profile · synthesized from sources

The MVMA Foundation is a grantmaking organization based in Schenectady, NY, focused on supporting nursing education through scholarships. It awards multi-thousand-dollar grants annually to various educational institutions and medical centers in New York State. The foundation's activities are exclusively philanthropic, with no direct service programs described.

named programs · 1 · from sources

What they call their work

Nursing Scholarship Program
Provides financial support to nursing students via grants awarded to accredited nursing schools and college foundations across New York State
activities · 1 group

What they do

  • Healthcare Education Scholarships and Fellowships 1 activity
    • Funding nursing scholarships at educational institutions
      Provides financial support for nursing scholarships by awarding grants to colleges and universities, including a $3,000 grant to Maria College in 2023 and a $2,500 grant to Russell Sage College in 2022.
financials · form 990PF · fy2024
revenue
Total revenue$41K
Contributions & grants$30K73%
Program service revenue——
Investment income$11K27%
Other revenue—
expenses
Total expenses$5K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out$18K
balance sheet
Total assets$305K
Cash—
Investments—
Liabilities—
Net assets$305K
5 years on record · 2020–2024 · YoY revenue +40.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • AUDRA HANLEY MD — DIRECTOR
  • DAVID OLIKER — VICE CHAIR &
  • MURRAY JAROS ESQ — DIRECTOR
  • RICHARD B TOLL MD — CHAIRMAN
relationships · 7

Who they work with

  • ELLIS MEDICINE BALANGER SCHOOL Partner — Recipient of a $3,000 grant in 2024 and $2,500 in 2023 for nursing scholarships.
  • EMPIRE STATE COLLEGE FOUNDATION Partner — Recipient of a $3,000 grant in 2024 and $3,000 in 2023 for nursing scholarships.
  • MARIA COLLEGE Partner — Recipient of a $3,000 grant in 2024 and $3,000 in 2023 for nursing scholarships.
  • RUSSELL SAGE COLLGE Partner — Recipient of a $2,500 grant in 2022 for nursing scholarships.
  • SAMARITAN HOSPITAL NURSING SCHOOL Partner — Recipient of a $3,000 grant in 2024 and $2,500 in 2023 for nursing scholarships.
  • SPHP CENTER FOR PHILANTHROPY Partner — Recipient of a $3,000 grant in 2024 and $2,500 in 2023 for nursing scholarships.
  • THE SAGE COLLEGES CORP CONNECTIONS Partner — Recipient of a $3,000 grant in 2024 for nursing scholarships.
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.