Haddonfield School District Scholarship And Education Fund Inc
- Assets
- $3.7m
- Revenue
- $648.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Haddonfield, NJ
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 22-2610183
Organization Overview
Haddonfield School District Scholarship And Education Fund Inc is located in Haddonfield, NJ. The organization was established in 2017. 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. Haddonfield School District Scholarship And Education 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 12/2021, Haddonfield School District Scholarship And Education Fund Inc generated $648.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $182.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT AND RECEIVE GIFTS OF MONEY, SECURITIES, AND OTHER PROPERTY AND TO PROVIDE FUNDS FOR EDUCATIONAL PROJECTS AND CHARITABLE PROGRAMS FOR THE SCHOOLS IN THE HADDONFIELD SCHOOL DISTRICT. SCHOLARSHIP GRANTS TO GRADUATES OF HADDONFIELD MEMORIAL HIGH SCHOOL ARE ALSO MADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION GRANTS SCHOLARSHIPS TO GRADUATING STUDENTS.
THE ORGANIZATION GRANTS DONATIONS TO THE HADDONFIELD SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Puff President | Trustee | 1 | $0 |
Greg Gallo Treasurer | Trustee | 1 | $0 |
Wendy Conover Secretary | Trustee | 1 | $0 |
Megan Griffault Vice President | Trustee | 1 | $0 |
Dr Joseph Serico Trustee | Trustee | 1 | $0 |
Jack Tarditi Trustee | Trustee | 1 | $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 | $253,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,125 |
| Total Program Service Revenue | $0 |
| Investment income | $47,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $307,223 |
| Net Income from Fundraising Events | $40,455 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $648,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,610 |
| Grants and other assistance to domestic individuals. | $139,880 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,110 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,492 |
| Office expenses | $2,087 |
| Information technology | $439 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,620 |
| All other expenses | $0 |
| Total functional expenses | $182,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $655,727 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,003,185 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,658,912 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $437,868 |
| Net assets with donor restrictions | $3,221,044 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,658,912 |
Grants Awarded
Over the last fiscal year, Haddonfield School District Scholarship And Education Fund Inc has awarded $204,266 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HADDONFIELD SCHOOL DISTRICT PURPOSE: Grant funds are provided to Haddonfield School District, which uses the money for equipment, classroom supplies, and other educational purposes. | $127,354 |
HADDONFIELD SCHOOL DISTRCT PURPOSE: Grant funds are used to improve the aesthetics of the Haddonfield School District campus. The projects include gardens, stadium upgrades, and other miscellaneous improvements. | $76,912 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Haddonfield School District Scholarship And Education Fund Inc has recieved totaling $108.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |