Thomason Scholarship Foundation Inc
- Assets
- $311.5k
- Revenue
- $25.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Moyie Springs, ID
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-2200214
Organization Overview
Thomason Scholarship Foundation Inc is located in Moyie Springs, ID. The organization was established in 2009. 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. Thomason Scholarship Foundation 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 12/2021, Thomason Scholarship Foundation Inc generated $25.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomason Scholarship Foundation Inc has awarded 104 individual grants totaling $200,778. 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 |
|---|---|---|---|
Ruth Ann Wilson Secretary - Treasurer | 1 | $0 | |
Shirley Bitton Chairman | 1 | $0 | |
Linda Alt Director | 1 | $0 | |
Sheila Webb Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,708 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $837 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,535 |
| Total operating and administrative expenses | $3,022 |
| Contributions, gifts, grants paid | $27,080 |
| Total expenses and disbursements | $30,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,543 |
| 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 | $0 |
| Net Land, buildings, and equipment | $260,000 |
| Other assets | $0 |
| Total assets | $311,543 |
| 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, Thomason Scholarship Foundation Inc has awarded $27,080 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
MORGAN SWANSON PURPOSE: SCHOLARSHIP | $2,500 |
ABBY DAVIS PURPOSE: SCHOLARSHIP | $2,300 |
ADA BONNELL PURPOSE: SCHOLARSHIP | $2,250 |
REGINA CLAPHAN PURPOSE: SCHOLARSHIP | $2,000 |
VICTORIA RAE PURPOSE: SCHOLARSHIP | $2,000 |
KASSY SKEEN PURPOSE: SCHOLARSHIP | $1,940 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
E L Wiegand Foundation Reno, NV | $162,053,300 | $6,450,079 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Ken Birdwell Foundation Bellevue, WA | $76,202,815 | $4,458,349 |
Rose Foundation Vancouver, WA | $0 | $16,480 |
Apex Foundation Bellevue, WA | $126,367,624 | $451,103 |
Maccabee Task Force Foundation Las Vegas, NV | $4,085,831 | $6,272,169 |