Paul Jepson Scholarship Foundation
- Assets
- $1.5m
- Revenue
- $178.7k
- Investments
- $969.0k
- Employees
- 0
- Location
- Naples, FL
- Founding
- 09/2001
- Data as of
- 12/2023
- EIN
- 06-1625705
Organization Overview
Paul Jepson Scholarship Foundation is located in Naples, FL. The organization was established in 2001. 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. Paul Jepson 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 12/2023, Paul Jepson Scholarship Foundation generated $178.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $126.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED EIGHT $!0,000 YEAR AND SIX $5,000 YEAR COLLEGE SCHOLARSHIPS TO GRADUATES OF CENTRAL HIGH SCHOOL OMAHA,NE
DONATED $120,000 TO THE CENTRAL HIGH SCHOOL FOUNDATION OMAHA NE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Jepsen Trustee | 1 | $0 | |
Holly Hoberman Trustee | 1 | $0 | |
Jackie Mclellon Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,680 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,963 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $178,717 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $884 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,944 |
| Contributions, gifts, grants paid | $120,000 |
| Total expenses and disbursements | $126,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503,138 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,472,103 |
| 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, Paul Jepson Scholarship Foundation has awarded $220,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL HIGH SCHOOL FOUNDATION PURPOSE: FUND SCHOLARSHIPS AWARDED BY FOUNDATION | $120,000 |
THE PINEY WOODS SCHOOL PURPOSE: UNRESTRICTED GIFT TO SCHOOL | $100,000 |