Nanovic Family Memorial Scholarshipfund

Organization Overview

Nanovic Family Memorial Scholarshipfund is located in Captiva, FL. 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. Nanovic Family Memorial Scholarshipfund 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 12/2023, Nanovic Family Memorial Scholarshipfund generated $130.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $169.9k during the year ending 12/2023. While expenses have increased by 7.1% per year over the past 5 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, Nanovic Family Memorial Scholarshipfund has awarded 37 individual grants totaling $503,750. 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)Compensation
Robert S Nanovic
Trustee
$0
Elizabeth Nanovic
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $71,836
Net Rental Income$0
Net Gain on Sale of Assets $58,270
Capital Gain Net Income $58,270
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $130,106

Grants Awarded

Over the last fiscal year, Nanovic Family Memorial Scholarshipfund has awarded $162,500 in support to 11 organizations.

Grant RecipientAmount

BUCKNELL UNIVERSITY

PURPOSE: SCHOLARSHIPS PROGRAMS

$12,500

COMMONWEALTH UNIVERSITY OF PENNSYLVANIA

PURPOSE: SCHOLARSHIPS PROGRAMS

$10,000

GEORGIA INSTITUTE OF TECHNOLOGY

PURPOSE: SCHOLARSHIPS PROGRAMS

$2,500

EAST STROUDSBURG UNIVERSITY

PURPOSE: SCHOLARSHIPS PROGRAMS

$5,000

ITHACA COLLEGE

PURPOSE: SCHOLARSHIPS PROGRAMS

$2,500

ST JOSEPH'S UNIVERSITY

PURPOSE: SCHOLARSHIPS PROGRAMS

$20,000
View Grant Profile

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$69,730,186
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$28,251,593
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$15,866,066
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Tampa, FL
$29,773,809
Apogee Georgia School Choice Scholarship Fund
Atlanta, GA
$15,835,336
Scholarships For Kids Inc
Birmingham, AL
$25,068,180
Inspire Brands Foundation Inc
Atlanta, GA
$15,116,341
Watson-Brown Foundation Inc
Thomson, GA
$2,880,157
Floridamakes Inc
Orlando, FL
$8,574,194
Birmingham Promise Inc
Birmingham, AL
$7,953,999
Broward Education Foundation Inc
Fort Lauderdale, FL
$7,349,000
Alef Fund Inc
Atlanta, GA
$6,190,879
University Of West Georgia Foundation Inc
Carrollton, GA
$10,389,838
Uab Research Foundation
Birmingham, AL
$6,912,834
The Fund For Theological Education Inc
Atlanta, GA
$7,187,666
Hui Huliau
Tampa, FL
$31,143,317
Coca-Cola Scholars Foundation Inc
Atlanta, GA
$8,693,738
Arete Scholars Fund Inc
Dacula, GA
$5,894,748
Eminent Scholars Foundation
Huntsville, AL
$754,182
Bailey Family Foundation Inc
Tampa, FL
$745,717
Florida Education Fund Inc
Tampa, FL
$5,253,062
Suncoast Credit Union Foundation
Tampa, FL
$5,210,276
Universal Orlando Foundation Inc
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$3,284,967
Foundation For Applied Molecular Evolution Inc
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$3,775,413

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