Olin Scott Fund Inc
- Assets
- $5.4m
- Revenue
- $436.0k
- Investments
- $3.8m
- Employees
- 0
- Location
- Bennington, VT
- Founding
- 11/1963
- Data as of
- 06/2022
- EIN
- 03-6005697
Organization Overview
Olin Scott Fund Inc is located in Bennington, VT. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olin Scott Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Olin Scott Fund Inc generated $436.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $94.7k during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melinda Dickie Exec. Dir. | 30 | $37,500 | |
William J Fisk President | 3 | $8,000 | |
Robert Cummings Jr V. President | 3 | $8,000 | |
Charles Letourneau Secretary | 3 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36 |
| Dividends & Interest | $243,864 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $165,910 |
| Capital Gain Net Income | $165,910 |
| Net ST Capital Gain | $14,517 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,173 |
| Total Revenue | $435,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,760 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,283 |
| Depreciation | $0 |
| Occupancy | $6,157 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,572 |
| Total operating and administrative expenses | $94,702 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $94,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,758 |
| Savings and temporary cash investments | $320,675 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,202,270 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,780,281 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,429,984 |
| Accounts payable and accrued expenses | $11,034 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,034 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
The Selz Foundation New York, NY | $142,395,054 | $24,456,334 |
The Derfner Foundation New York, NY | $158,472,968 | $13,106,656 |
Jill Roberts Charitable Foundation Inc Garden City, NY | $11,485 | $9,710,793 |
James And Merryl Tisch Foundation Inc New York, NY | $1,291,425 | $11,020,609 |
Tortuga Foundation New York, NY | $110,168,381 | $33,186,414 |
The Joseph H Flom Foundation New York, NY | $6,836,169 | $3,314,736 |
The Applebaum Foundation Inc New York, NY | $229,643,281 | $16,929,047 |
Deutsche Bank Americas Foundation New York, NY | $38,867,163 | $11,020,529 |
Charles A Dana Fdn Inc New York, NY | $248,257,333 | $20,769,847 |
Motulsky-Nacht Family Foundation New York, NY | $171,149,787 | $10,722,392 |
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation Albany, NY | $153,022,620 | $10,234,389 |