Albert And Louise Davis Scholarship Fund Fbo Rotary Club Elzbth Nj Inc

Organization Overview

Albert And Louise Davis Scholarship Fund Fbo Rotary Club Elzbth Nj Inc is located in Berkeley Heights, NJ. The organization was established in 1988. 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. Albert And Louise Davis Scholarship Fund Fbo Rotary Club Elzbth NJ 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 12/2022, Albert And Louise Davis Scholarship Fund Fbo Rotary Club Elzbth NJ Inc generated $36.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $51.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Albert And Louise Davis Scholarship Fund Fbo Rotary Club Elzbth NJ Inc has awarded 54 individual grants totaling $145,500. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGH SCHOOL SCHOLARSHIPS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $600
Interest on Savings $0
Dividends & Interest $16,437
Net Rental Income$0
Net Gain on Sale of Assets $19,734
Capital Gain Net Income $19,734
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $36,771

Grants Awarded

Over the last fiscal year, Albert And Louise Davis Scholarship Fund Fbo Rotary Club Elzbth Nj Inc has awarded $45,000 in support to 16 organizations.

Grant RecipientAmount

KEAN UNIVERSITY

PURPOSE: SCHOLARSHIP

$2,000

NEW JERSEY INSTITUTE OF TECHNOLOGY

PURPOSE: SCHOLARSHIP

$2,000

RUTGERS UNIVERSITY

PURPOSE: SCHOLARSHIP

$8,000

UNION COLLEGE

PURPOSE: SCHOLARSHIP

$6,000

UNIVERSITY OF PENNSYLVANIA

PURPOSE: SCHOLARSHIP

$2,000

STEVENS INSTITUTE OF TECHNOLOGY

PURPOSE: SCHOLARSHIP

$2,000
View Grant Profile

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