Edward Hall Gmelich Memorial Scholarship Fund
- Assets
- $6.4m
- Revenue
- $1.1m
- Investments
- $6.3m
- Employees
- 0
- Location
- Plainview, NY
- Founding
- 10/2016
- Data as of
- 04/2022
- EIN
- 13-7335710
Organization Overview
Edward Hall Gmelich Memorial Scholarship Fund is located in Plainview, NY. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward Hall Gmelich Memorial Scholarship Fund 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 04/2022, Edward Hall Gmelich Memorial Scholarship Fund generated $1.1m in total revenue. All expenses for the organization totaled $628.1k during the year ending 04/2022. While expenses have increased by 42.4% per year over the past 3 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 2021, Edward Hall Gmelich Memorial Scholarship Fund has awarded 13 individual grants totaling $967,950. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Gmelich Trustee | 1 | $0 | |
Victoria Gmelich Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $78 |
| Dividends & Interest | $952,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $137,971 |
| Capital Gain Net Income | $137,971 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,090,669 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,598 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,596 |
| Total operating and administrative expenses | $35,194 |
| Contributions, gifts, grants paid | $592,950 |
| Total expenses and disbursements | $628,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,784 |
| 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 | $6,383,671 |
| 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, Edward Hall Gmelich Memorial Scholarship Fund has awarded $592,950 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Asbury Park, NJ PURPOSE: EDUCATION | $200,000 |
New York, NY PURPOSE: EDUCATION | $150,000 |
TRINITY HALL PURPOSE: SCHOLARSHIPS | $125,000 |
CHRISTIAN BROTHERS ACADEMY PURPOSE: SCHOLARSHIPS | $102,950 |
Rumson, NJ PURPOSE: SCHOLARSHIPS | $10,000 |
Red Bank, NJ PURPOSE: EDUCATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Seton Hill University Greensburg, PA | $189,465,294 | $99,847,300 |
Dyouville College Buffalo, NY | $237,922,794 | $97,566,880 |
Marywood University Scranton, PA | $244,412,152 | $100,984,557 |
Touro University New York, NY | $83,518,573 | $93,950,601 |
Saint Francis University Loretto, PA | $151,334,265 | $103,685,117 |
Wittenberg College Board Of Directors Springfield, OH | $198,135,859 | $89,178,248 |
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Juniata College Huntingdon, PA | $246,892,473 | $100,031,718 |
Washington And Jefferson College Washington, PA | $317,857,588 | $82,152,318 |
University Of Mount Union Alliance, OH | $316,310,745 | $109,042,625 |
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |