Elmer A Snyder & Annabelle C Snyder Scholarship Fund
- Assets
- $609.7k
- Revenue
- $18.7k
- Investments
- $595.5k
- Employees
- 0
- Location
- Kittanning, PA
- Founding
- 07/1992
- Data as of
- 12/2022
- EIN
- 25-6373182
Organization Overview
Elmer A Snyder & Annabelle C Snyder Scholarship Fund is located in Kittanning, PA. The organization was established in 1992. 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. Elmer A Snyder & Annabelle C Snyder 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, Elmer A Snyder & Annabelle C Snyder Scholarship Fund generated $18.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $57.7k during the year ending 12/2022. While expenses have increased by 10.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Elmer A Snyder & Annabelle C Snyder Scholarship Fund has awarded 28 individual grants totaling $124,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Snyder Trustee | 0.25 | $0 | |
Benjamin T Snyder Trustee | 0.25 | $0 | |
Mark A Snyder Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $59 |
| Dividends & Interest | $16,617 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,040 |
| Capital Gain Net Income | $2,040 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,716 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,275 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,407 |
| Total operating and administrative expenses | $7,682 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $57,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,196 |
| Savings and temporary cash investments | $0 |
| 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 | $595,501 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $609,697 |
| 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, Elmer A Snyder & Annabelle C Snyder Scholarship Fund has awarded $50,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
LAUREN N BOWSER PURPOSE: SCHOLARSHIP | $5,000 |
NATALIE T EDDY PURPOSE: SCHOLARSHIP | $5,000 |
MAKENZIE R EGLEY PURPOSE: SCHOLARSHIP | $5,000 |
ANDREW WALKER PURPOSE: SCHOLARSHIP | $5,000 |
SOFYA RECUPERO PURPOSE: SCHOLARSHIP | $5,000 |
DEVAUGHN A KNIGHT PURPOSE: SCHOLARSHIP | $5,000 |