Ted And Elinor Clifford Scholarship
- Assets
- $395.0k
- Revenue
- $28.1k
- Investments
- $384.9k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 03-6051878
Organization Overview
Ted And Elinor Clifford Scholarship is located in Wilmington, DE. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ted And Elinor Clifford Scholarship 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 12/2022, Ted And Elinor Clifford Scholarship generated $28.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $40.5k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,346 |
| Capital Gain Net Income | $19,346 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,285 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,287 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,472 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $40,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,180 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,611 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $395,035 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Ted And Elinor Clifford Scholarship has awarded $33,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHEASTERN UNIVERSITY PURPOSE: SCHOLARSHIP | $7,000 |
SIMMONS UNIVERSITY PURPOSE: SCHOLARSHIP | $7,000 |
UNIVERSITY OF VERMONT PURPOSE: SCHOLARSHIP | $6,000 |
CASTLETON STATE COLLEGE PURPOSE: SCHOLARSHIP | $2,500 |
UNIVERSITY OF SAN FRANCISCO PURPOSE: SCHOLARSHIP | $3,500 |
OHIO UNIVERSITY PURPOSE: SCHOLARSHIP | $7,000 |