Groton Scholarship Fund Inc

Organization Overview

Groton Scholarship Fund Inc is located in Groton, CT. The organization was established in 1953. 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. Groton 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 12/2021, Groton Scholarship Fund Inc generated $55.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $54.9k during the year ending 12/2021. 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

TO AWARD SCHOLARSHIPS TO GRADUATES OF FITCH HIGH SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AWARDED TO GRADUATING SENIORS


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Board, Officers & Key Employees

Name (title)Compensation
Holly Bresnahan
Correspond S
$0
Jennifer Debell
Scolarship S
$0
Tianah Clinton
Recording Se
$0
Damen Norton
Chairperson
$0
Elizabeth C Owen
Treasurer
$0
Elizabeth Porter
Faculty Advi
$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$29,839
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$29,839
Total Program Service Revenue$0
Investment income $15,414
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $10,523
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,776

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Groton Scholarship Fund Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Loweth-Alvord Foundation

Wilmington, NC

PURPOSE: GENERAL PURPOSES

$1,000
View Grant Recipient Profile

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