Ethel Jefferson Scholarship Fund
- Assets
- $917.9k
- Revenue
- $42.0k
- Investments
- $891.6k
- Employees
- 0
- Location
- Newtown, PA
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 23-7749232
Organization Overview
Ethel Jefferson Scholarship Fund is located in Newtown, PA. The organization was established in 1994. 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. Ethel Jefferson Scholarship Fund 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, Ethel Jefferson Scholarship Fund generated $42.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $101.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ethel Jefferson Scholarship Fund has awarded 142 individual grants totaling $518,650. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,039 |
| Dividends & Interest | $36,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,980 |
| Capital Gain Net Income | $4,980 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,026 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,058 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,789 |
| Contributions, gifts, grants paid | $88,000 |
| Total expenses and disbursements | $101,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,230 |
| 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 | $679,623 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $917,876 |
| 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, Ethel Jefferson Scholarship Fund has awarded $88,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
KYRA ZLOCK PURPOSE: SCHOLARSHIP | $5,000 |
MADISON MENZEN PURPOSE: SCHOLARSHIP | $8,000 |
MOLLY HELD PURPOSE: SCHOLARSHIP | $5,000 |
NICHOLAS MILLEVOI PURPOSE: SCHOLARSHIP | $6,000 |
TATIANA CLEFFI PURPOSE: SCHOLARSHIP | $8,000 |
MAYA MURAVLEV PURPOSE: SCHOLARSHIP | $2,000 |