Carle C Conway Scholarship Foundation
- Assets
- $1.9m
- Revenue
- $546.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 01/1952
- Data as of
- 06/2024
- EIN
- 13-6088936
Organization Overview
Carle C Conway Scholarship Foundation is located in Stamford, CT. The organization was established in 1952. 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. Carle C Conway 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 06/2024, Carle C Conway Scholarship Foundation generated $546.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $567.9k during the year ending 06/2024. While expenses have increased by 6.7% per year over the past 7 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.
Since 2018, Carle C Conway Scholarship Foundation has awarded 124 individual grants totaling $3,704,761. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert S Cohen Trustee | 1 | $11,000 | |
Marsha L Colten President, Treasurer | 5 | $30,300 | |
Patricia Deltoro Heck Vp, Secretary | 1 | $11,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,064 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $482,943 |
| Capital Gain Net Income | $482,943 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $546,007 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,790 |
| Total operating and administrative expenses | $63,290 |
| Contributions, gifts, grants paid | $504,652 |
| Total expenses and disbursements | $567,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908,929 |
| 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 | $1,926,982 |
| 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, Carle C Conway Scholarship Foundation has awarded $504,652 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ABRAHAM GALLEGOS UNIVERSITY OF ARIZ PURPOSE: SCHOLARSHIP FOR THE BENEFIT OF ABRAHAM GALLEGOS | $3,327 |
ADAM T SMITH NORTHERN ILLINOIS UNIV PURPOSE: SCHOLARSHIP FOR THE BENEFIT OF ADAM T. SMITH | $11,000 |
ASHLEY V SALGADO COLORADO STATE UNI PURPOSE: SCHOLARSHIP FOR THE BENEFIT OF ASHLEY V. SALGADO | $11,000 |
AMANDA N PURGA SUNY COLLEGE AT GENE PURPOSE: SCHOLARSHIP FOR THE BENEFIT OF AMANDA N. PURGA | $11,000 |
BROOKE A BROWN SUFFOLK COMMUNITY CO PURPOSE: SCHOLARSHIP FOR THE BENEFIT OF BROOKE A. BROWN | $7,940 |
BRIDGET J EDNIE UNIVERSITY OF DELEW PURPOSE: SCHOLARSHIP FOR THE BENEFIT OF BRIDGET J. EDNIE | $11,000 |