Society Of Women Engineers Endowment Fund Inc

Organization Overview

Society Of Women Engineers Endowment Fund Inc is located in Sanford, NC. The organization was established in 2007. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Women Engineers Endowment 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 06/2022, Society Of Women Engineers Endowment Fund Inc generated $978.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $653.9k during the year ending 06/2022. While expenses have increased by 6.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT FOR THE SCHOLARSHIP, AWARDS, DESIGNATED FUND AND HEADQUARTERS OPERATIONS OF THE SOCIETY OF WOMEN ENGINEERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE WOMEN ENGINEERING STUDENTS


TO PROVIDE SUPPORT FOR THE AWARDS OF THE SOCIETY OF WOMEN ENGINEERS


TO PROVIDE SOCIETY OF WOMEN ENGINEERS' SECTIONS AND MALS A MEANS TO CREATE A PERMANENT STREAM OF INCOME TO BE USED FOR A DESIGNATED PROGRAM WITHIN THEIR ENTITY


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Stromberg
Secretary
$0
Janis Mantini
Chair
$0
Mary Studlick
Treasurer
$0
Holly Teig
Trustee
$0
Cassi Janakos
Trustee
$0
Kim O'rourke
Trustee
$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$457,287
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$457,287
Total Program Service Revenue$0
Investment income $452,272
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $69,304
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $978,863

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Society Of Women Engineers Endowment Fund Inc has recieved totaling $33,842.

Awarding OrganizationAmount
The Community Foundation For Northeast Florida Inc

Jacksonville, FL

PURPOSE: ENDOWED SCHOLARSHIP PROGRAM

$27,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$6,325
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$17
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,540,048
Earnings-$1,348,054
Net Contributions$373,950
Other Expense$87,312
Grants$366,850
Ending Balance$9,111,782

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