College Education Milestone Foundation
- Assets
- $352.2k
- Revenue
- $47.6k
- Investments
- $20.8k
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-4654514
Organization Overview
College Education Milestone Foundation is located in New York, NY. The organization was established in 2009. 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. College Education Milestone 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, College Education Milestone Foundation generated $47.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $62.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, College Education Milestone Foundation has awarded 46 individual grants totaling $300,048. 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 |
|---|---|---|---|
Traci Medford-Rosow Treasurer | 0 | $0 | |
Joel Rosow Trustee | 0 | $0 | |
Kyra Faircloth Trustee | 0 | $0 | |
Chad Rosow Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,000 |
| Interest on Savings | $12 |
| Dividends & Interest | $1,747 |
| Net Rental Income | $5,044 |
| 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 | $47,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $501 |
| Depreciation | $8,933 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,922 |
| Total operating and administrative expenses | $33,481 |
| Contributions, gifts, grants paid | $29,008 |
| Total expenses and disbursements | $62,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,544 |
| Savings and temporary cash investments | $99,400 |
| 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 | $193,998 |
| Other assets | $3,369 |
| Total assets | $352,155 |
| 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, College Education Milestone Foundation has awarded $29,008 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF DELAWARE PURPOSE: SCHOLARSHIP | $5,000 |
HOSTOS COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $2,027 |
BROOKLYN COLLEGE PURPOSE: SCHOLARSHIP | $2,092 |
SAN JUAN COLLEGE PURPOSE: SCHOLARSHIP | $1,289 |
TEMPLE UNIVERSITY PURPOSE: SCHOLARSHIP | $10,000 |
MARCH OF DIMES PURPOSE: CONTRIBUTION | $100 |