Winchester Scholarship Foundation

Organization Overview

Winchester Scholarship Foundation is located in Winchester, MA. The organization was established in 1947. 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. Winchester Scholarship Foundation 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, Winchester Scholarship Foundation generated $554.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $471.7k during the year ending 06/2021. While expenses have increased by 5.3% 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

AWARDING OF SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION AWARDED SCHOLARSHIPS OF $443,446 TO GRADUATES OF WINCHESTER HIGH SCHOOL


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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$196,425
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$196,425
Total Program Service Revenue$0
Investment income $242,076
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $115,971
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $554,472

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Winchester Scholarship Foundation has recieved totaling $136,982.

Awarding OrganizationAmount
1997 John And Mary Murphy Educational Foundation

Winchester, MA

PURPOSE: HIGHER EDUCATION

$50,000
Elizabeth L Gardner Charitable Trust

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$47,982
Meyer Harold F Tr Uagree

Pittsburgh, PA

PURPOSE: GENERAL OPERATING

$39,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,279,907
Earnings$2,424,319
Net Contributions$59,250
Grants$213,646
Ending Balance$8,549,830

Peer Organizations

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