Us Presidential Scholars Foundation is located in Chandler, AZ. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us Presidential Scholars Foundation 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, Us Presidential Scholars Foundation generated $90.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $75.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ADVANCING SCHOLARS' EDUCATION AND CAREER OPPORTUNITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas G Tsao Chair | 1 | $0 | |
John A Knox Vice Chair | 1 | $0 | |
Anand Parekh Treasurer | 1 | $0 | |
Michael Weiss Director | 1 | $0 | |
Martha Bergmark Director | 1 | $0 | |
Angela Zimmann Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $90,182 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,182 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $41,500 |
Professional fees and other payments to independent contractors | $15,742 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $68 |
Other expenses | $1,924 |
Total expenses | $75,934 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,868 |
Other assets | $0 |
Total assets | $106,868 |
Total liabilities | $0 |
Net assets or fund balances | $106,868 |
Over the last fiscal year, Us Presidential Scholars Foundation has awarded $10,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
MAGGIE WANG PUBLIC POLICY MENTORSHIP LAB PURPOSE: SEED GRANT | $300 |
RAILCARE HEALTHBRADY HANSHAW PURPOSE: SEED GRANT | $2,000 |
INDIE DOORWAY LLCK KATZENMEYER PURPOSE: SEED GRANT | $4,000 |
THE SOLEA PROJECTA BLUMENFELD PURPOSE: SEED GRANT | $1,850 |
BIG TREE PROJECTAVA TIYE KINSEY PURPOSE: SEED GRANT | $1,850 |