Donald And Gladys Heath Memorial Fund Scholarship Tr
- Assets
- $583.4k
- Revenue
- $114.2k
- Investments
- $554.1k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/1992
- Data as of
- 02/2022
- EIN
- 16-6355023
Organization Overview
Donald And Gladys Heath Memorial Fund Scholarship Tr is located in Dallas, TX. The organization was established in 1992. 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. Donald And Gladys Heath Memorial Fund Scholarship Tr 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 02/2022, Donald And Gladys Heath Memorial Fund Scholarship Tr generated $114.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $27.5k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Donald And Gladys Heath Memorial Fund Scholarship Tr has awarded 31 individual grants totaling $110,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,717 |
| Capital Gain Net Income | $102,717 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,433 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $728 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $416 |
| Total operating and administrative expenses | $16,005 |
| Contributions, gifts, grants paid | $11,500 |
| Total expenses and disbursements | $27,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,335 |
| 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 | $583,440 |
| 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, Donald And Gladys Heath Memorial Fund Scholarship Tr has awarded $11,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DARTMOUTH COLLEGE PURPOSE: SCHOLARSHIP | $3,500 |
Geneva, NY PURPOSE: SCHOLARSHIP | $3,500 |
YOUNGSTOWN STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,500 |
Rochester, NY PURPOSE: SCHOLARSHIP | $1,500 |
ST JOHN FISHER COLLEGE PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |