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 06/2021, Lincoln Sudbury Scholarship Fund Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $200.9k during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

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 $170,700.


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)Compensation
Kristina Stanley
Executive Director
$14,400
Jeff Cobb
President
$0
Mary Mullin
Vice President
$0
Paul Bisson
Member
$0
Mick Mccarthy
Treasurer
$0
Eileen Berkel
Member
$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$125,053
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$125,053
Total Program Service Revenue$0
Investment income $77,162
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $909,582
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,111,797

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lincoln Sudbury Scholarship Fund Inc has recieved totaling $11,000.

Awarding OrganizationAmount
Robert Lloyd Corkin Charitable Foundation

Sudbury, MA

PURPOSE: GENERAL SUPPORT

$10,000
Salem Five Charitable Foundation Inc

Salem, MA

PURPOSE: EXEMPT PURPOSES

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,250,361
Earnings$62,371
Net Contributions$25,100
Grants$9,200
Ending Balance$1,328,632

Peer Organizations

Create an account to unlock the data you need.

or