Civic Intelligence

Joseph L Wolcott Scholarship Fund

EIN 34-6515331 • 501(c)3 • Toledo, OH

Profile

Provide financial assistance to graduates of the toledo public school system in obtaining a post secondary degree at a college or university of the student's choice.

405 Madison Avenue Suite 1470Toledo, OH 43604-1207

www.wolcottscholarship.com

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

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

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

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

Net Margin

48th percentile

3.3%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

60th percentile

$43,674

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

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

Asset Growth

51st percentile

4.2%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

47th percentile

5.6%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$1,373,086

Up $9,759 (+0.7%) from 2024

Liabilities

Flat

$474

Flat from 2024

Net Assets

Up

$1,372,612

Up $9,759 (+0.7%) from 2024

Operations
Liabilities / Revenue22nd percentileNet Margin48th percentile

Revenue

Up

$292,973

Up $14,235 (+5.1%) from 2024

Expenses

Up

$283,214

Up $38,367 (+16%) from 2024

Net Income

Down

$9,759

Down $24,132 (-71%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

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

$1.5M$1.0M$500K$0Assets 2011: $1,222,254Liabilities 2011: $4,109Net Assets 2011: $1,218,1452011Assets 2012: $1,199,920Liabilities 2012: $3,792Net Assets 2012: $1,196,1282012Assets 2013: $1,116,513Liabilities 2013: $474Net Assets 2013: $1,116,0392013Assets 2014: $1,108,398Liabilities 2014: $473Net Assets 2014: $1,107,9252014Assets 2015: $1,134,978Liabilities 2015: $475Net Assets 2015: $1,134,5032015Assets 2016: $1,166,030Liabilities 2016: $475Net Assets 2016: $1,165,5552016Assets 2017: $1,249,920Liabilities 2017: $474Net Assets 2017: $1,249,4462017Assets 2018: $1,323,931Liabilities 2018: $477Net Assets 2018: $1,323,4542018Assets 2019: $1,351,936Liabilities 2019: $477Net Assets 2019: $1,351,4592019Assets 2020: $1,194,233Liabilities 2020: $477Net Assets 2020: $1,193,7562020Assets 2021: $1,164,657Liabilities 2021: $478Net Assets 2021: $1,164,1792021Assets 2022: $1,214,952Liabilities 2022: $480Net Assets 2022: $1,214,4722022Assets 2023: $1,329,436Liabilities 2023: $474Net Assets 2023: $1,328,9622023Assets 2024: $1,363,327Liabilities 2024: $474Net Assets 2024: $1,362,8532024Assets 2025: $1,373,086Liabilities 2025: $474Net Assets 2025: $1,372,6122025

Highlighted filing

2025

Assets$1,373,086
Liabilities$474
Net Assets$1,372,612
Open 2025 Filing

Operations Trend

Revenue Growth47th percentile

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

$400K$200K$0-$200KExpenses 2011: $127,8842011Expenses 2012: $132,1092012Expenses 2013: $139,2922013Revenue 2014: $97,780Expenses 2014: $106,050Net Income 2014: -$8,2702014Revenue 2015: $162,168Expenses 2015: $135,590Net Income 2015: $26,5782015Revenue 2016: $137,598Expenses 2016: $106,546Net Income 2016: $31,0522016Revenue 2017: $179,380Expenses 2017: $95,489Net Income 2017: $83,8912017Revenue 2018: $154,685Expenses 2018: $80,677Net Income 2018: $74,0082018Revenue 2019: $180,854Expenses 2019: $154,674Net Income 2019: $26,1802019Revenue 2020: $209,839Expenses 2020: $367,542Net Income 2020: -$157,7032020Revenue 2021: $218,129Expenses 2021: $247,706Net Income 2021: -$29,5772021Revenue 2022: $248,639Expenses 2022: $198,346Net Income 2022: $50,2932022Revenue 2023: $314,680Expenses 2023: $199,672Net Income 2023: $115,0082023Revenue 2024: $278,738Expenses 2024: $244,847Net Income 2024: $33,8912024Revenue 2025: $292,973Expenses 2025: $283,214Net Income 2025: $9,7592025

Highlighted filing

2025

Revenue$292,973
Expenses$283,214
Net Income$9,759
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,373,086
Liabilities
$474
Net assets
$1,372,612
Revenue
$292,973
Expenses
$283,214
Net income
$9,759
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.29$0.28$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.28$0.24$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.31$0.20$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.25$0.20$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.22$0.25$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.21$0.37$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.18$0.15$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.15$0.08$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.18$0.10$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.14$0.11$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.16$0.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.10$0.11$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Jun 17, 2025
Return Version
2024v5.0
Gross Receipts
$717,966
Mission and Program Overview

Mission

Provide financial assistance to graduates of the toledo public school system in obtaining a four year or higher degree at a college or university of the student's choice.

Provide financial assistance to graduates of the toledo public school system in obtaining a post secondary degree at a college or university of the student's choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$951,613$961,372▲ $9,759
Investments in Publicly Traded Securities$818,203$946,639▲ $128,436
Cap Stk Tr Prin Current Funds$411,240$411,240→ $0
Savings and Temporary Cash Investments$473,935$355,308▼ $118,627
Investments Program Related$71,189$71,139▼ $50
Total Assets$1,363,327$1,373,086▲ $9,759
Liabilities
Accounts Payable and Accrued Expenses$474$474→ $0
Total Liabilities$474$474→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,362,853$1,372,612▲ $9,759
Total Liabilities and Net Assets / Fund Balance$1,363,327$1,373,086▲ $9,759

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$71,139--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$6,371,011-▲ $1,357,642$20,938$8,040,939
2023$5,107,139-▲ $1,552,466$14,733$6,371,011
2022$6,889,393-▼ $1,427,857$17,368$5,107,139
2021$5,630,236-▲ $1,521,810$14,934$6,889,393
2020$4,651,799-▲ $1,204,938$12,661$5,630,236
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
B Thomas HandworkTrusteePT$4,749$38,925$43,674
Grant M KeuneTreasurer-$6,563$2,425$8,988

Board Members and Trustees

NameTitle
Dr Romules DurantCommittee Me
Robert VasquezCommittee Me
Revenue and Support

Revenue Composition

Contributions and Grants
$270,339
Program Service Revenue
$0
Investment Income
$22,634
Other Revenue
$0
Change in Net Assets
$9,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$214,700
Salaries, Compensation, and Employee Benefits$50,693
Other Expenses$17,821
Total Fundraising Expense$3,282
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$214,000--$214,000
Other Salaries and Wages$18,259$18,260-$36,519
Current Officers, Directors, Trustees, and Key Employees$3,632$4,399$3,282$11,313
Occupancy$2,334$2,334-$4,668
Information Technology$4,007--$4,007
Office Expenses$1,930$1,343-$3,273
Fees for Services Accounting$1,587$1,588-$3,175
Payroll Taxes$1,430$1,431-$2,861
Fees for Service Investment Mgmnt Fees-$2,355-$2,355
Grants to Domestic Orgs$700--$700
Other Expenses$200--$200
Fees for Services Other-$143-$143
Total Functional Expenses$248,079$31,853$3,282$283,214
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
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, Page 6, Part VI, Line 11B

“The executive director emails a copy of the completed form 990 to each current selection committee member 2 weeks prior to filing with the internal revenue service.”

Form 990, Page 6, Part VI, Line 19

“Via united states postal service upon request.”

Filing and Contact Details

Filer

Filer Name
Joseph L Wolcott Scholarship Fund
EIN
34-6515331
Phone
4192418042
Address
405 MADISON AVENUE SUITE 1470, TOLEDO, OH 43604-1207

Signing Officer

Name
B Thomas Handwork
Title
Trustee
Phone
4192418042
Signed
2025-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Grant M Keune
Formed
1931
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
2

Preparer

Firm
Trustax LLC
Address
571 LONGBOW DR SUITE A, MAUMEE, OH 43537
Preparer
Grant M Keune
Phone
4198685555
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The purpose of the endowed funds are to furnish or helping to furnish college or university education to graduates of toledo public schools.”

Raw XML AppendixShowing 400 of 426 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0474
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0474
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE FINANCIAL ASSISTANCE TO GRADUATES OF THE TOLEDO PUBLIC SCHOOL SYSTEM IN OBTAINING A POST SECONDARY DEGREE AT A COLLEGE OR UNIVERSITY OF THE STUDENT'S CHOICE.
IRS990/BooksInCareOfDetail/PersonNm0WOLCOTT SCHOLARSHIP FUND
IRS990/BooksInCareOfDetail/PhoneNum04192418042
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0405 MADISON AVE SUITE 1470
IRS990/BooksInCareOfDetail/USAddress/CityNm0TOLEDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0436041207
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0411240
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0411240
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03282
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt04399
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt03632
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt011313
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0270339
IRS990/CYGrantsAndSimilarPaidAmt0214700
IRS990/CYInvestmentIncomeAmt022634
IRS990/CYOtherExpensesAmt017821
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt09759
IRS990/CYSalariesCompEmpBnftPaidAmt050693
IRS990/CYTotalExpensesAmt0283214
IRS990/CYTotalFundraisingExpenseAmt03282
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0292973
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDE FINANCIAL ASSISTANCE TO TOLEDO PUBLIC SCHOOL SYSTEM GRADUATES THROUGH SCHOLARSHIP GRANTS. GRANTS DISBURSED 211,700. NUMBER OF STUDENTS 88
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0245079
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01588
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01587
IRS990/FeesForServicesAccountingGrp/TotalAmt03175
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0143
IRS990/FeesForServicesOtherGrp/TotalAmt0143
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt02355
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt02355
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0B THOMAS HANDWORK
IRS990/Form990PartVIISectionAGrp/PersonNm1GRANT M KEUNE
IRS990/Form990PartVIISectionAGrp/PersonNm2DR ROMULES DURANT
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT VASQUEZ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04749
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16563
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt038925
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12425
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2COMMITTEE ME
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMITTEE ME
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01931
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-28132
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0211700
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0214000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0214000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0700
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0700
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0396861
IRS990/GrossReceiptsAmt0717966
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04007
IRS990/InformationTechnologyGrp/TotalAmt04007
IRS990/InvestmentIncomeGrp/ExclusionAmt050766
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050766
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt071189
IRS990/InvestmentsProgramRelatedGrp/EOYAmt071139
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0818203
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0946639
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0424993
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE FINANCIAL ASSISTANCE TO GRADUATES OF THE TOLEDO PUBLIC SCHOOL SYSTEM IN OBTAINING A POST SECONDARY DEGREE AT A COLLEGE OR UNIVERSITY OF THE STUDENT'S CHOICE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01362853
IRS990/NetAssetsOrFundBalancesEOYAmt01372612
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-28132
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-28132
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02334
IRS990/OccupancyGrp/ProgramServicesAmt02334
IRS990/OccupancyGrp/TotalAmt04668
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01343
IRS990/OfficeExpensesGrp/ProgramServicesAmt01930
IRS990/OfficeExpensesGrp/TotalAmt03273
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OHIO FILING FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt0200
IRS990/OtherExpensesGrp/TotalAmt0200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018260
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018259
IRS990/OtherSalariesAndWagesGrp/TotalAmt036519
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01431
IRS990/PayrollTaxesGrp/ProgramServicesAmt01430
IRS990/PayrollTaxesGrp/TotalAmt02861
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GRANT M KEUNE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE FINANCIAL ASSISTANCE TO TOLEDO PUBLIC SCHOOL SYSTEM GRADUATES THROUGH STUDENT LOANS AND STUDENT LOAN FORGIVENESS. STUDENT LOANS FORGIVEN 3,000. STUDENT LOAN RECEIVABLE BALANCE 71,189.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt03000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0247152
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0181700
IRS990/PYInvestmentIncomeAmt031586
IRS990/PYOtherExpensesAmt017258
IRS990/PYRevenuesLessExpensesAmt033891
IRS990/PYSalariesCompEmpBnftPaidAmt045889
IRS990/PYTotalExpensesAmt0244847
IRS990/PYTotalRevenueAmt0278738
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt09759
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RelatedOrganizationsAmt0270339
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0951613
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0961372
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0473935
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0355308
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION HAS A SIGNIFICANT VOICE IN INVESTMENT POLICY AND DIRECTING THE USE OF INCOME BECAUSE TWO OF THE FUNDS'S THREE VOTING DIRECTORS SERVE ON THE GOVERNING BODY OF THE SUPPORTED ORGANIZATION. THE FUND'S DIRECTORS ESTABLISH INVESTMENT POLICY. ALSO, THE FUND'S DIRECTORS DIRECT THE USE OF INCOME BY SELECTION OF THE SCHOLARSHIP RECIPIENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE JOSEPH L WOLCOTT SCHOLARSHIP FUND FURTHERS THE EXEMPT PURPOSE OF THE TOLEDO PUBLIC SCHOOL DISTRICT BY ASSISTING ITS GRADUATES TO OBTAIN A POST SECONDARY EDUCATION. THE FUND IS RESPONSIVE TO THE DISTRICT BECAUSE THE DISTRICT BOARD PRESIDENT AND SUPERINTENDENT ARE VOTING MEMBERS OF THE FUND'S BOARD. PROVIDING ASSISTANCE TO DISTRICT GRADUATES IS THE SOLE ACTIVITY OF THE FUND.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE TOLEDO PUBLIC SCHOOL DISTRICT DOES PROVIDE POST SECONDARY EDUCATIONAL OPPORTUNITIES TO ITS RESIDENTS SUCH AS ADVANCE PLACEMENT COURSES. IT IS REASONABLE TO ASSUME THAT THE DISTRICT WOULD PROVIDED ADDITIONAL POST SECONDARY EDUCATIONAL OPPORTUNITIES SUCH AS THOSE PROVIDED BY THE JOSEPH L WOLCOTT SCHOLARSHIP FUND IF FINANCIAL MEANS WERE AVAILABLE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0346401449
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0214000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0TOLEDO PUBLIC SCHOOLS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0214000
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/AdministrativeExpensesAmt021009
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt06371011
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt08040939
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0270339
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01357642
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt020938
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt015310
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05107139
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06371011
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0258551
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01552466
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt014733
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt047893
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06889393
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05107139
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0289136
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1427857
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt017368
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt016238
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05630236
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06889393
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0231481
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01521810
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt014934
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt014690
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04651799
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05630236
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0199150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01204938
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt012661
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0true
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt071139
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0STUDENT LOANS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE ENDOWED FUNDS ARE TO FURNISH OR HELPING TO FURNISH COLLEGE OR UNIVERSITY EDUCATION TO GRADUATES OF TOLEDO PUBLIC SCHOOLS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueProgramRltdAmt071139
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0211000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT LOANS FORGIVEN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIP GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt03000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0LOAN FORGIVEN
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DISBURSES FUNDS DIRECTLY TO COLLEGE OR UNIVERSITY FOR TUITION OR RELATED EXPENSES FOR STUDY IN THE UNITED STATES PURSUANT TO AN INVOICE FROM THE COLLEGE OR UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR EMAILS A COPY OF THE COMPLETED FORM 990 TO EACH CURRENT SELECTION COMMITTEE MEMBER 2 WEEKS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VIA UNITED STATES POSTAL SERVICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TRUST ESTATE OF MARY L WOLCOTT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0ITEM VI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0346515315
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0571 LONGBOW DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0SUITE A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MAUMEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043537
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0270339
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TRUST ESTATE OF MARY L WOLCOTT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01363327
IRS990/TotalAssetsEOYAmt01373086
IRS990/TotalAssetsGrp/BOYAmt01363327
IRS990/TotalAssetsGrp/EOYAmt01373086
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0270339
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03282
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031853
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0248079
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283214
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0474
IRS990/TotalLiabilitiesEOYAmt0474
IRS990/TotalLiabilitiesGrp/BOYAmt0474
IRS990/TotalLiabilitiesGrp/EOYAmt0474
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01362853
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01372612
IRS990/TotalProgramServiceExpensesAmt0248079
IRS990/TotalReportableCompFromOrgAmt011312
IRS990/TotalRevenueGrp/ExclusionAmt022634
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0292973
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01363327
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01373086
IRS990/TotReportableCompRltdOrgAmt041350
IRS990/TransactionWithControlEntInd0true
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0571 LONGBOW DRIVE
IRS990/USAddress/CityNm0MAUMEE
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043537
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.WOLCOTTSCHOLARSHIP.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0B THOMAS HANDWORK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.