Lincoln Sudbury Scholarship Fund Inc

Organization Overview

Lincoln Sudbury Scholarship Fund Inc is located in Sudbury, MA. The organization was established in 1989. 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. Lincoln Sudbury Scholarship 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 06/2023, Lincoln Sudbury Scholarship Fund Inc generated $42.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $226.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE SCHOLARSHIPS TO LINCOLN-SUDBURY HIGH SCHOOL STUDENTS BASED ON REQUIREMENTS AS SET BY THE BOARD AND THE BY-LAWS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AWARDED OF $188,700


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Board, Officers & Key Employees

Name (title)Compensation
Kristina Stanley
Clerk/secretary
$16,200
Eileen Berkel
Member
$0
Paul Bisson
Member
$0
Elizabeth Smith
Member
$0
Jeff Cobb
Treasurer
$0
Mary Mullin
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$69,650
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$69,650
Total Program Service Revenue$0
Investment income $108,023
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$135,712
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $41,961

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