Trek Scholarship Foundation Inc
- Assets
- $3.5m
- Revenue
- $291.0k
- Investments
- $3.5m
- Employees
- 0
- Location
- Waterloo, WI
- Founding
- 05/2006
- Data as of
- 07/2021
- EIN
- 20-4143271
Organization Overview
Trek Scholarship Foundation Inc is located in Waterloo, WI. The organization was established in 2006. 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. Trek Scholarship Foundation 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 07/2021, Trek Scholarship Foundation Inc generated $291.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $278.3k during the year ending 07/2021. While expenses have increased by 8.8% 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 2020, Trek Scholarship Foundation Inc has awarded 60 individual grants totaling $361,500. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Deubel Secretary/treasurer/director | 10 | $0 | |
Elaine Burke President/director | 10 | $0 | |
Mark Joslyn Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $674 |
| Dividends & Interest | $73,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $215,995 |
| Capital Gain Net Income | $215,995 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $466 |
| Total Revenue | $290,951 |
| 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 | $0 |
| Total operating and administrative expenses | $38,262 |
| Contributions, gifts, grants paid | $240,000 |
| Total expenses and disbursements | $278,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,388 |
| 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 | $3,531,305 |
| 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, Trek Scholarship Foundation Inc has awarded $240,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN - MADISON PURPOSE: EDUCATION | $56,000 |
UNIVERSITY OF MINNESOTA TWIN CITIES PURPOSE: EDUCATION | $22,000 |
WHITMAN COLLEGE PURPOSE: EDUCATION | $12,000 |
UNIVERSITY OF WISCONSIN - LA CROSSE PURPOSE: EDUCATION | $10,000 |
Ithaca, NY PURPOSE: EDUCATION | $9,000 |
UNIVERSITY OF WISCONSIN - MILWAUKEE PURPOSE: EDUCATION | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |