FY 2009-2010 MPF Annual Report

2009-2010 Annual Report

(Fiscal Year 10/1/2009-9/30/2010)

The Mt. Pleasant Fund is an IRS recognized 501 ( c ) (3) private nonoperating foundation. It was formally incorporated in Massachusetts in November of 2002.

The original founders of the Fund were Liz and Flip Rosenberry, a husband and wife, who wanted to create a foundation that would serve to bring their friends and family together in a communal effort related to making gifts to organizations and individuals in need. They asked Flip’s mother Peggy Rosenberry and Liz’s brother-in-law Jimmy Curley to serve with them as incorporating directors. Currently, those same four individuals serve as the Directors of the Fund.

As stated in the organization’s bylaws, any individual who makes a contribution to the Fund is entitled to be a member for one full year from the date on which their contribution is formally acknowledged by an officer of the Foundation. Members also are entitled to become Directors of the Foundation (subject to a vote by the rest of the members).

An annual meeting for the purpose of ratifying the actions of the Board and electing the Board for the upcoming year is held every October.

During the last fiscal year, the Fund made four contributions. One went to The CARE Center of Holyoke, Massachusetts. The CARE Center works to educate and empower pregnant and parenting teens in Holyoke.

The second contribution went to Bridgeway of Lakewood, Colorado. Bridgeway provides a residential setting for pregnant and parenting teen mothers.

The third contribution went to Hope House of Arvada, Colorado. Hope House, like Bridgeway, provides a residential setting for pregnant and parenting teen mothers.

The fourth contribution went to the Florence Crittenton School of Denver, Colorado. The school provides education and support to teen parents and their children.

The four  grants made were within the guidelines set by the board at the beginning of the fiscal year. These guidelines indicated that the Fund would focus its funding priorities on programs that support teenaged parents and their children. The Fund only makes contributions in the states of Massachusetts and Colorado.

Additionally, the Fund sponsored a conference attended by representatives from The CARE Center, Bridgeway, and Hope House and held in Northampton, Massachusetts

The Fund’s 990PF form is available upon request.

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