Boscov-Berk-Tek Inc Scholarship Fund

Organization Overview

Boscov-Berk-Tek Inc Scholarship Fund is located in New Holland, 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. Boscov-Berk-Tek Inc 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 12/2021, Boscov-Berk-Tek Inc Scholarship Fund generated $12.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES SCHOLARSHIP GRANTS TO APPLICANTS WHO ARE DESCENDANTS OF BOSCOV BERK TEK INC. FOR THE 2021 TAX YEAR, THREE INDIVIDUALS WERE SELECTED AND RECEIVED A GRANT.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2
Dividends & Interest $4,602
Net Rental Income$0
Net Gain on Sale of Assets $7,595
Capital Gain Net Income $7,595
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $12,199

Grants Awarded

Over the last fiscal year, Boscov-Berk-Tek Inc Scholarship Fund has awarded $18,000 in support to 3 organizations.

Grant RecipientAmount

FBO MORGAN GROFF

PURPOSE: SCHOLARSHIP GRANT

$6,000

FBO LUKE MUNDORF

PURPOSE: SCHOLARSHIP GRANT

$6,000

FBO AMANDA FRY

PURPOSE: SCHOLARSHIP GRANT

$6,000
View Grant Profile

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