Lela Mcguire Jeffery Scholarship Fund Tr
- Assets
- $309.4k
- Revenue
- $6.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Paulding, OH
- Founding
- 11/2004
- Data as of
- 12/2020
- EIN
- 16-6539194
Organization Overview
Lela Mcguire Jeffery Scholarship Fund Tr is located in Paulding, OH. The organization was established in 2004. 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. Lela Mcguire Jeffery Scholarship Fund 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 12/2020, Lela Mcguire Jeffery Scholarship Fund Tr generated $6.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $6.5k during the year ending 12/2020. While expenses have increased by 19.1% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR 2020, THE TRUST AWARDED THREE (3) SCHOLARSHIP GRANTS TO QUALIFYING SENIORS FROM PAULDING HIGH SCHOOL IN THE AMOUNT OF 1,000.00 EACH AND FOUR (4) SHCOLARSHIP GRANTS IN THE AMOUNT OF 500.00 TO FOUR (4) POST GRADUATES OF PAULDING HIGH SCHOOL.
DURING THE YEAR 2020, THE TRUST AWARDED THREE (3) SCHOLARSHIP GRANTS TO QUALIFYING SENIORS FROM PAULDING HIGH SCHOOL IN THE AMOUNT OF 1,000.00 EACH AND FOUR (4) SHCOLARSHIP GRANTS IN THE AMOUNT OF 500.00 TO FOUR (4) POST GRADUATES OF PAULDING HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paulding Exempted Village Schools Trustee | 0 | $0 | |
David A Hyman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,536 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $1,468 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $6,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $309,364 |
| 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 | $309,364 |
| 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, Lela Mcguire Jeffery Scholarship Fund Tr has awarded $10,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
JULIA MCMASTER PURPOSE: SCHOLARSHIP | $1,000 |
KATIE STRAYER PURPOSE: SCHOLARSHIP | $1,000 |
JULIA MCMASTER PURPOSE: SCHOLARSHIP | $1,000 |
SYDNEY MCCULLOUGH PURPOSE: SCHOLARSHIP | $1,000 |
KATIE STRAYER PURPOSE: SCHOLARSHIP | $1,000 |
SYDNEY MCCULLOUGH PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Pittsburgh Jewish Educational Improvement Foundation Pittsburgh, PA | $252,999 | $3,355,550 |