Civic Intelligence

Cincinnati Scholarship Foundation

990 • Fiscal year 2020 • EIN 31-0603619

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

Organization ProfileCINCINNATISCHOLARSHIPFOUNDATION.ORG

View Organization Page

324 E 4th StreetCincinnati, OH 45202

(513) 345-6701

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

10th percentile

0.00x

Higher debt load relative to revenue than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

46th percentile

$112,051

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

15th percentile

-3.7%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-25%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$4,400,031

Down $170,371 (-3.7%) from 2019

Net Assets

Down

$4,392,032

Down $168,162 (-3.7%) from 2019

Liabilities

Down

$7,999

Down $2,209 (-22%) from 2019

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin19th percentile

Revenue

Down

$1,801,115

Down $589,401 (-25%) from 2019

Expenses

Up

$2,010,435

Up $39,699 (+2.0%) from 2019

Net Income

Down

-$209,320

Down $629,100 (-150%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $2,619,984Liabilities 2010: $23,371Net Assets 2010: $2,596,6132010Assets 2012: $2,913,139Liabilities 2012: $12,213Net Assets 2012: $2,900,9262012Assets 2013: $4,133,017Liabilities 2013: $16,490Net Assets 2013: $4,116,5272013Assets 2014: $4,342,384Liabilities 2014: $13,996Net Assets 2014: $4,328,3882014Assets 2015: $4,031,951Liabilities 2015: $26,334Net Assets 2015: $4,005,6172015Assets 2016: $3,703,995Liabilities 2016: $17,897Net Assets 2016: $3,686,0982016Assets 2017: $4,038,723Liabilities 2017: $11,191Net Assets 2017: $4,027,5322017Assets 2018: $4,156,862Liabilities 2018: $151,804Net Assets 2018: $4,005,0582018Assets 2019: $4,570,402Liabilities 2019: $10,208Net Assets 2019: $4,560,1942019Assets 2020: $4,400,031Liabilities 2020: $7,999Net Assets 2020: $4,392,0322020Assets 2021: $5,147,251Liabilities 2021: $11,273Net Assets 2021: $5,135,9782021Assets 2022: $5,326,854Liabilities 2022: $12,257Net Assets 2022: $5,314,5972022Assets 2023: $5,473,124Liabilities 2023: $59,996Net Assets 2023: $5,413,1282023Assets 2024: $5,840,864Liabilities 2024: $47,151Net Assets 2024: $5,793,7132024

Highlighted filing

2020

Assets$4,400,031
Liabilities$7,999
Net Assets$4,392,032
Open 2020 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,197,0512010Expenses 2012: $1,911,4572012Expenses 2013: $1,749,8682013Revenue 2014: $1,952,776Expenses 2014: $1,846,816Net Income 2014: $105,9602014Revenue 2015: $1,717,373Expenses 2015: $1,943,110Net Income 2015: -$225,7372015Revenue 2016: $1,614,809Expenses 2016: $1,846,273Net Income 2016: -$231,4642016Revenue 2017: $2,043,040Expenses 2017: $1,807,522Net Income 2017: $235,5182017Revenue 2018: $1,973,330Expenses 2018: $2,043,096Net Income 2018: -$69,7662018Revenue 2019: $2,390,516Expenses 2019: $1,970,736Net Income 2019: $419,7802019Revenue 2020: $1,801,115Expenses 2020: $2,010,435Net Income 2020: -$209,3202020Revenue 2021: $2,157,434Expenses 2021: $1,834,643Net Income 2021: $322,7912021Revenue 2022: $2,926,978Expenses 2022: $1,743,534Net Income 2022: $1,183,4442022Revenue 2023: $1,829,317Expenses 2023: $2,138,422Net Income 2023: -$309,1052023Revenue 2024: $2,127,105Expenses 2024: $2,220,695Net Income 2024: -$93,5902024

Highlighted filing

2020

Revenue$1,801,115
Expenses$2,010,435
Net Income-$209,320
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.0
Gross Receipts
$5,126,930
Mission and Program Overview

Mission

NONE

The organization's primary exempt purpose is to increase college attainment and success for greater cincinnati area students by adminstering scholarships on behalf of individuals, businesses and organizations for graduates of any hamilton county high school in attending an accredited, non-proprietary college or university; to award schalarships to such; to accept and administer any educational funds in compliance with whatever specific restrictions or requrements the donor may wish to place upon these funds; to collect and receive fees, gifts, donations and bequests; and to do any and all things which, in the judgement of its trustees, will best promote these ends.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,176,642$4,286,518▲ $109,876
Accounts Receivable$96,177$62,791▼ $33,386
Savings and Temporary Cash Investments$275,507$46,329▼ $229,178
Prepaid Expenses and Deferred Charges$11,905$2,676▼ $9,229
Land, Buildings, and Equipment, Net$10,171$1,717▼ $8,454
Total Assets$4,570,402$4,400,031▼ $170,371
Liabilities
Accounts Payable and Accrued Expenses$10,208$7,999▼ $2,209
Total Liabilities$10,208$7,999▼ $2,209
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,836,511$3,793,783▼ $42,728
Net Assets Without Donor Restrictions$723,683$598,249▼ $125,434
Total Net Assets Fund Balance$4,560,194$4,392,032▼ $168,162
Total Liabilities and Net Assets / Fund Balance$4,570,402$4,400,031▼ $170,371

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,717$20,486$22,203
Other Securities$246,559--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$3,836,511$1,460,644▲ $75,236-$3,794,258
2018$3,249,045$2,083,670▲ $92,404-$3,836,511
2017$3,168,591$1,599,624▲ $104,343-$3,249,045
2016$2,815,885$1,584,771▲ $174,087-$3,168,591
2015$2,965,827$1,325,312▲ $1,972-$2,815,885
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Edward HertzenbergExecutive DiFT$112,051$112,051

Board Members and Trustees

NameTitle
Shannan SchmittVice Chairwo
Aaron EiselTrustee
Dejuan GossettTrustee
James CullenTrustee
Kristie SpiveyTrustee
Lauren ParcellTrustee
Matthew HoffmanTrustee
Nikela OwensTrustee
Regina GrayTrustee
Terry SteinTrustee
Toyia MontgomeryTrustee
Samantha RittgersSecretary
Jerome TepeTreasurer
Travis SchraffenbergerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,690,331
Program Service Revenue
$0
Investment Income
$110,784
Other Revenue
$0
All Other Contributions
$1,496,680
Change in Net Assets
$-209,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,578,633
Salaries, Compensation, and Employee Benefits$266,178
Other Expenses$165,624
Total Fundraising Expense$2,877
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,578,633--$1,578,633
Current Officers, Directors, Trustees, and Key Employees$94,122$16,808$1,121$112,051
Other Salaries and Wages$86,445$15,437$1,029$102,911
Information Technology$65,170$11,501-$76,671
Other Employee Benefits$29,762$5,315$354$35,431
Fees for Services Accounting$22,198$3,917-$26,115
Occupancy$14,848$2,620-$17,468
Payroll Taxes$13,259$2,368$158$15,785
Depreciation Depletion$7,609$844-$8,453
Office Expenses$5,640$995-$6,635
Fees for Services Other$2,220$2,220-$4,440
All Other Expenses$2,193$1,799-$3,992
Other Expenses$1,610$403$215$2,013
Advertising$662$662-$1,324
Insurance$223$335-$558
Travel$114$29-$143
Total Functional Expenses$1,939,173$68,385$2,877$2,010,435
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the executive director and director of finance before filing.”

Form 990, Page 6, Part VI, Line 12C

“The executive director reviews scholarship awards regularly to ensure that no conflicts of interest exist.”

Form 990, Page 6, Part VI, Line 15A

“Executive director pay is reviewed by the finance committee. Any proposed increases are voted on and approved by the board. Pay increases for all employees, incuding the executive director have been 3% in the past.”

Form 990, Page 6, Part VI, Line 19

“The organization makes available all required documents upon request. Requests may be made through the website, by mail or by phone.”

Filing and Contact Details

Filer

Filer Name
Cincinnati Scholarship Foundation
EIN
31-0603619
Phone
5133456701
Address
324 E 4TH STREET, CINCINNATI, OH 45202

Signing Officer

Name
Edward Hertzenberg
Title
Executive Director
Phone
5133456701
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Hertzenberg
Formed
1918
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
3

Preparer

Firm
Seibel & Katz Cpas
Address
3814 WEST ST STE 311, CINCINNATI, OH 45227
Preparer
Dave Smith CPA
Phone
5132717835
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization's primary exempt purpose is to increase college attainment and success for greater cincinnati area students by adminstering scholarships on behalf of individuals, businesses and organizations for graduates of any hamilton county high school in attending an accredited, non-proprietary college or university; to award schalarships to such; to accept and administer any educational funds in compliance with whatever specific restrictions or requrements the donor may wish to place upon these funds; to collect and receive fees, gifts, donations and bequests; and to do any and all things which, in the judgement of its trustees, will best promote these ends.”

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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01578633
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03327539
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011501
IRS990/InformationTechnologyGrp/ProgramServicesAmt065170
IRS990/InformationTechnologyGrp/TotalAmt076671
IRS990/InsuranceGrp/ManagementAndGeneralAmt0335
IRS990/InsuranceGrp/ProgramServicesAmt0223
IRS990/InsuranceGrp/TotalAmt0558
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0109060
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0109060
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04176642
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt04286518
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020486
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010171
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01717
IRS990/LandBldgEquipCostOrOtherBssAmt022203
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03325815
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0193651
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO INCREASE COLLEGE ATTAINMENT AND SUCCESS FOR GREATER CINCINNATI AREA STUDENTS BY ADMINSTERING SCHOLARSHIPS ON BEHALF OF INDIVIDUALS, BUSINESSES AND ORGANIZATIONS FOR GRADUATES OF ANY HAMILTON COUNTY HIGH SCHOOL IN ATTENDING AN ACCREDITED, NON-PROPRIETARY COLLEGE OR UNIVERSITY; TO AWARD SCHALARSHIPS TO SUCH; TO ACCEPT AND ADMINISTER ANY EDUCATIONAL FUNDS IN COMPLIANCE WITH WHATEVER SPECIFIC RESTRICTIONS OR REQUREMENTS THE DONOR MAY WISH TO PLACE UPON THESE FUNDS; TO COLLECT AND RECEIVE FEES, GIFTS, DONATIONS AND BEQUESTS; AND TO DO ANY AND ALL THINGS WHICH, IN THE JUDGEMENT OF ITS TRUSTEES, WILL BEST PROMOTE THESE ENDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04560194
IRS990/NetAssetsOrFundBalancesEOYAmt04392032
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01724
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01724
IRS990/NetUnrlzdGainsLossesInvstAmt041158
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0723683
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0598249
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IRS990/OccupancyGrp/ManagementAndGeneralAmt02620
IRS990/OccupancyGrp/ProgramServicesAmt014848
IRS990/OccupancyGrp/TotalAmt017468
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0995
IRS990/OfficeExpensesGrp/ProgramServicesAmt05640
IRS990/OfficeExpensesGrp/TotalAmt06635
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0354
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05315
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029762
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035431
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1POSTAGE
IRS990/OtherExpensesGrp/Desc2PRINTING AND PUBLICATIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt0215
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02188
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1431
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2513
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3403
IRS990/OtherExpensesGrp/ProgramServicesAmt08753
IRS990/OtherExpensesGrp/ProgramServicesAmt13659
IRS990/OtherExpensesGrp/ProgramServicesAmt22053
IRS990/OtherExpensesGrp/ProgramServicesAmt31610
IRS990/OtherExpensesGrp/TotalAmt010941
IRS990/OtherExpensesGrp/TotalAmt14305
IRS990/OtherExpensesGrp/TotalAmt22566
IRS990/OtherExpensesGrp/TotalAmt32013
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01029
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015437
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt086445
IRS990/OtherSalariesAndWagesGrp/TotalAmt0102911
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0158
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02368
IRS990/PayrollTaxesGrp/ProgramServicesAmt013259
IRS990/PayrollTaxesGrp/TotalAmt015785
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02676
IRS990/PrincipalOfficerNm0EDWARD HERTZENBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02316191
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01588608
IRS990/PYInvestmentIncomeAmt074325
IRS990/PYOtherExpensesAmt0100262
IRS990/PYRevenuesLessExpensesAmt0419780
IRS990/PYSalariesCompEmpBnftPaidAmt0281866
IRS990/PYTotalExpensesAmt01970736
IRS990/PYTotalRevenueAmt02390516
IRS990/ReconcilationRevenueExpnssAmt0-209320
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0275507
IRS990/SavingsAndTempCashInvstGrp/EOYAmt046329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01690331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02316192
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01820350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01783272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01519266
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09129411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0109060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0115229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0119820
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0105717
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0164118
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0613944
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0109060
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78110
IRS990ScheduleA/PublicSupportPY170Pct00.76740
IRS990ScheduleA/PublicSupportTotal170Amt07610608
IRS990ScheduleA/SubstantialContributorsTotAmt01518803
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01690331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02316192
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01820350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01783272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01519266
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09129411
IRS990ScheduleA/TotalSupportAmt09743355
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/CYEndwmtFundGrp/BeginningYearBalanceAmt03836511
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01460644
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03794258
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01578133
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt075236
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03249045
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02083670
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03836511
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01588608
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt092404
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03168591
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01599624
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03249045
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01623513
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0104343
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02815885
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01584771
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03168591
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01406152
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0174087
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02965827
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01325312
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02815885
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01477226
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01972
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01717
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020486
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022203
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02238071
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11801888
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2246559
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1BOND FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2MONEY MARKET FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01717
IRS990ScheduleD/TotalBookValueSecuritiesAmt04286518
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01578633
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SELECTS NEEDY STUDENTS BASED ON THE STATED GOALS OF THE ORGANIZATION. IF A STUDENT GETS ENOUGH ASSISTANCE ELSEWHERE THEY LOSE THEIR ELIGIBILITY FROM THE FOUNDATION, I.E. LAST DOLLAR FUNDING IS USED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,400,031
Liabilities
$7,999
Net assets
$4,392,032
Revenue
$1,801,115
Expenses
$2,010,435
Net income
-$209,320
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.84$0.05$5.79$2.13$2.22$0.09
2023Detailed filing. Detailed filing data is available for this year.$5.47$0.06$5.41$1.83$2.14$0.31
2022Detailed filing. Detailed filing data is available for this year.$5.33$0.01$5.31$2.93$1.74$1.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$0.01$5.14$2.16$1.83$0.32
2020Detailed filing. Detailed filing data is available for this year.$4.40$0.01$4.39$1.80$2.01$0.21
2019Detailed filing. Detailed filing data is available for this year.$4.57$0.01$4.56$2.39$1.97$0.42
2018Detailed filing. Detailed filing data is available for this year.$4.16$0.15$4.01$1.97$2.04$0.07
2017Detailed filing. Detailed filing data is available for this year.$4.04$0.01$4.03$2.04$1.81$0.24
2016Detailed filing. Detailed filing data is available for this year.$3.70$0.02$3.69$1.61$1.85$0.23
2015Detailed filing. Detailed filing data is available for this year.$4.03$0.03$4.01$1.72$1.94$0.23
2014Detailed filing. Detailed filing data is available for this year.$4.34$0.01$4.33$1.95$1.85$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.02$4.12$1.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.01$2.90$1.91
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.02$2.60$2.20