Civic Intelligence

Lower Merion Township Scholarship Fund

EIN 23-6393335 • 501(c)3 • Ardmore, PA

Profile

To provide aid for deserving students of the public senior high schools of the lower merion school district for the furtherance of their education by means of scholarship grants.

PO Box 346Ardmore, PA 19003

www.lmtsf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

60th percentile

9.7%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

56th percentile

5.8%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$1,778,607

Up $97,243 (+5.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$1,778,607

Up $97,243 (+5.8%) from 2024

Operations
Liabilities / Revenue20th percentileNet Margin60th percentile

Revenue

Down

$205,757

Down $83,206 (-29%) from 2024

Expenses

Up

$185,885

Up $25,113 (+16%) from 2024

Net Income

Down

$19,872

Down $108,319 (-84%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,139,141Liabilities 2013: $0Net Assets 2013: $1,139,1412013Assets 2014: $1,238,655Liabilities 2014: $0Net Assets 2014: $1,238,6552014Assets 2015: $1,179,902Liabilities 2015: $0Net Assets 2015: $1,179,9022015Assets 2016: $1,070,795Liabilities 2016: $2,000Net Assets 2016: $1,068,7952016Assets 2017: $1,161,793Liabilities 2017: $1,495Net Assets 2017: $1,160,2982017Assets 2019: $1,296,924Liabilities 2019: $0Net Assets 2019: $1,296,9242019Assets 2020: $1,304,410Liabilities 2020: $0Net Assets 2020: $1,304,4102020Assets 2021: $1,608,082Liabilities 2021: $0Net Assets 2021: $1,608,0822021Assets 2022: $1,424,160Liabilities 2022: $0Net Assets 2022: $1,424,1602022Assets 2023: $1,497,297Liabilities 2023: $0Net Assets 2023: $1,497,2972023Assets 2024: $1,681,364Liabilities 2024: $0Net Assets 2024: $1,681,3642024Assets 2025: $1,778,607Liabilities 2025: $0Net Assets 2025: $1,778,6072025

Highlighted filing

2025

Assets$1,778,607
Liabilities$0
Net Assets$1,778,607
Open 2025 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2013: $157,0512013Revenue 2014: $215,034Expenses 2014: $161,520Net Income 2014: $53,5142014Revenue 2015: $143,889Expenses 2015: $183,833Net Income 2015: -$39,9442015Revenue 2016: $244,221Expenses 2016: $166,923Net Income 2016: $77,2982016Revenue 2017: $163,909Expenses 2017: $142,670Net Income 2017: $21,2392017Revenue 2019: $165,247Expenses 2019: $163,982Net Income 2019: $1,2652019Revenue 2020: $212,304Expenses 2020: $154,372Net Income 2020: $57,9322020Revenue 2021: $197,193Expenses 2021: $164,078Net Income 2021: $33,1152021Revenue 2022: $321,632Expenses 2022: $184,412Net Income 2022: $137,2202022Revenue 2023: $196,349Expenses 2023: $163,490Net Income 2023: $32,8592023Revenue 2024: $288,963Expenses 2024: $160,772Net Income 2024: $128,1912024Revenue 2025: $205,757Expenses 2025: $185,885Net Income 2025: $19,8722025

Highlighted filing

2025

Revenue$205,757
Expenses$185,885
Net Income$19,872
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,778,607
Liabilities
$0
Net assets
$1,778,607
Revenue
$205,757
Expenses
$185,885
Net income
$19,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.00$1.78$0.21$0.19$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.29$0.16$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.20$0.16$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.32$0.18$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.20$0.16$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.21$0.15$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.17$0.16$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.16$0.14$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.24$0.17$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.14$0.18$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.22$0.16$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 27, 2025
Return Version
2024v5.2
Gross Receipts
$557,966
Mission and Program Overview

Mission

To provide aid for deserving students of the public senior high schools of the lower merion school district for the furtherance of their education by means of scholarship grants.

To provide aid for deserving students of the public senior high schools of the Lower Merion Township School District for the furtherance of their education by means of scholarship grants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,496,130$1,586,294▲ $90,164
Savings and Temporary Cash Investments$84,864$103,480▲ $18,616
Cash and Non-Interest-Bearing Accounts$100,370$88,833▼ $11,537
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,681,364$1,778,607▲ $97,243
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,681,364$1,778,607▲ $97,243
Total Net Assets Fund Balance$1,681,364$1,778,607▲ $97,243
Total Liabilities and Net Assets / Fund Balance$1,681,364$1,778,607▲ $97,243
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Sarah AltmanChairperson
Lou SavastaniVice Chair
Beth AltmanGovernor
Caryn Karmatz RudyGovernor
Diane DibonaventuroGovernor
Dr Koreem BellGovernor
Jared EplerGovernor
Katie McGladeGovernor
Lisa FairGovernor
Lucy KlainGovernor
Norman F Esibill JrGovernor
Pam MebaneGovernor
Richard MartaGovernor
Saul BeharGovernor
Nancy EinsteinSecretary
Stanton RemerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$116,840
Program Service Revenue
$0
Investment Income
$88,917
Other Revenue
$0
All Other Contributions
$116,840
Change in Net Assets
$19,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$122,850
Other Expenses$43,619
Salaries, Compensation, and Employee Benefits$19,416
Total Fundraising Expense$7,123
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$122,850--$122,850
Other Salaries and Wages$9,708$9,708-$19,416
Fees for Service Investment Mgmnt Fees-$17,707-$17,707
Fees for Services Accounting-$7,643-$7,643
Office Expenses$3,695$3,695-$7,390
Advertising--$7,123$7,123
Insurance-$1,779-$1,779
Fees for Services Other-$1,469-$1,469
Other Expenses-$508-$508
Total Functional Expenses$136,253$42,509$7,123$185,885
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“Committees do not have the authority to act on behalf of the Board.”

Form 990, Part VI, Section B, Line 11B

“After the 990 is prepared by the independent accountant, a draft is emailed to the treasurer of the Board of Governors, who may then coordinate with the Chair and executive board, for review and approval.”

Form 990, Part VI, Section C, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lower Merion Township Scholarship Fund
EIN
23-6393335
Phone
6106451893
Address
PO Box 346, Ardmore, PA 19003

Signing Officer

Name
Stanton Remer
Title
Treasurer
Signed
2025-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanton Remer
Formed
1965
Legal Domicile
Pa
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
12

Preparer

Firm
Howe Keller & Hunter PC
Address
215 S Broad St 4th Fl, Philadelphia, PA 19107
Preparer
Gregory G Keller CPA
Phone
2158939112
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“LMTSF is exempt from tax under section 501(c)(3) of the internal revenue code. Pursuant to FASB accounting standards codification (ASC) topic 740, LMTSF recognizes tax benefits only if it is more likely than not that a tax position (including LMTSF's assertion that its income is exempt from tax) will be sustained upon examination. No liability for uncertain tax positions was recorded as of June 30, 2025 or 2024.”

Raw XML AppendixShowing 400 of 467 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4Governor
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt9Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt10Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt11Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt12Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt14Governor
IRS990/Form990PartVIISectionAGrp/TitleTxt15Vice Chair
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt046106
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt0122850
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0122850
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0122850
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0398315
IRS990/GrossReceiptsAmt0557966
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01779
IRS990/InsuranceGrp/TotalAmt01779
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt042811
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt042811
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01496130
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01586294
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0352209
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide aid for deserving students of the public senior high schools of the Lower Merion Township School District for the furtherance of their education by means of scholarship grants.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01681364
IRS990/NetAssetsOrFundBalancesEOYAmt01778607
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt046106
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt046106
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt077371
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01681364
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01778607
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03695
IRS990/OfficeExpensesGrp/ProgramServicesAmt03695
IRS990/OfficeExpensesGrp/TotalAmt07390
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Web Site
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0508
IRS990/OtherExpensesGrp/TotalAmt0508
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09708
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09708
IRS990/OtherSalariesAndWagesGrp/TotalAmt019416
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Stanton Remer
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0182021
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0101500
IRS990/PYInvestmentIncomeAmt0106942
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt038204
IRS990/PYRevenuesLessExpensesAmt0128191
IRS990/PYSalariesCompEmpBnftPaidAmt021068
IRS990/PYTotalExpensesAmt0160772
IRS990/PYTotalRevenueAmt0288963
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt019872
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt084864
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0116840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0182021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt090536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0222069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0117478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0728944
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032594
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt040018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt061074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030633
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0207382
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66600
IRS990ScheduleA/PublicSupportPY170Pct00.68080
IRS990ScheduleA/PublicSupportTotal170Amt0623579
IRS990ScheduleA/SubstantialContributorsTotAmt0105365
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0116840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0182021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt090536
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0222069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0117478
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0728944
IRS990ScheduleA/TotalSupportAmt0936326
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LMTSF is exempt from tax under section 501(c)(3) of the internal revenue code. Pursuant to FASB accounting standards codification (ASC) topic 740, LMTSF recognizes tax benefits only if it is more likely than not that a tax position (including LMTSF's assertion that its income is exempt from tax) will be sustained upon examination. No liability for uncertain tax positions was recorded as of June 30, 2025 or 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0122850
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships for Higher Education
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt096
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Funds are given to students who demonstrate financial need to be used for higher education. The scholarship fund will provide grants for four years provided the student reapplies annually and continues to demonstrate financial need. The process is closely monitored by the Board and the Treasurer, which mitigates the risk of fraud.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Committees do not have the authority to act on behalf of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1After the 990 is prepared by the independent accountant, a draft is emailed to the treasurer of the Board of Governors, who may then coordinate with the Chair and executive board, for review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false

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