Helen Fava Scholarship Trust
- Assets
- $93.1k
- Revenue
- $10.1k
- Investments
- $84.6k
- Employees
- 0
- Location
- Exeter, NH
- Founding
- 03/1993
- Data as of
- 06/2024
- EIN
- 04-6709871
Organization Overview
Helen Fava Scholarship Trust is located in Exeter, NH. The organization was established in 1993. 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. Helen Fava Scholarship Trust 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 06/2024, Helen Fava Scholarship Trust generated $10.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $12.5k during the year ending 06/2024. 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 | $240 |
| Dividends & Interest | $4,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,791 |
| Capital Gain Net Income | $5,791 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,158 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111 |
| Total operating and administrative expenses | $4,728 |
| Contributions, gifts, grants paid | $7,800 |
| Total expenses and disbursements | $12,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,535 |
| Savings and temporary cash investments | $0 |
| 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 | $33,996 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $93,149 |
| 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, Helen Fava Scholarship Trust has awarded $7,800 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MASSACHUSETTS - AMHERST AND JOLETT NAJANO LICONA PURPOSE: SCHOLARSHIP | $1,300 |
UNIVERSITY OF MASSACHUSETTS - LOWELL AND LINDA JALLOW PURPOSE: SCHOLARSHIP | $1,300 |
UNIVERSITY OF MASSACHUSETTS - LOWELL AND RYAN AGUILAR PURPOSE: SCHOLARSHIP | $1,300 |
SALEM STATE UNIVERSITY AND AUSTIN MACK PURPOSE: SCHOLARSHIP | $1,300 |
SIMMONS COLLEGE AND BRIANNA RODRIGUEZ PURPOSE: SCHOLARSHIP | $1,300 |
UNIVERSITY OF MASSACHUSETTS - AMHERST AND JAMIU LASISI PURPOSE: SCHOLARSHIP | $1,300 |