The Marion Saben Peek Scholarship Trust
- Assets
- $661.4k
- Revenue
- $75.4k
- Investments
- $632.8k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 26-4673060
Organization Overview
The Marion Saben Peek Scholarship Trust is located in Las Vegas, NV. The organization was established in 2011. 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. Marion Saben Peek Scholarship Trust 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, Marion Saben Peek Scholarship Trust generated $75.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $40.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Marion Saben Peek Scholarship Trust has awarded 27 individual grants totaling $135,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,603 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,250 |
| Capital Gain Net Income | $58,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $528 |
| Total Revenue | $75,381 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,506 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $154 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,379 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $40,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,596 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $661,434 |
| 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, The Marion Saben Peek Scholarship Trust has awarded $25,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KAIA SPEED CO GRAND CANYON UNIVERSITY PURPOSE: SCHOLARSHIP | $5,000 |
EILEEN ARMENDARIZ CO NORTHERN ARIZONA PURPOSE: SCHOLARSHIP | $5,000 |
PHOENIX SWIACKI CO LETOURNEAU PURPOSE: SCHOLARSHIP | $5,000 |
ABRAHAM DURAN CO ARIZONA STATE PURPOSE: SCHOLARSHIP | $5,000 |
EMMELINE METZ CO CONCORDIA UNIVERSITY PURPOSE: SCHOLARSHIP | $2,500 |
SARAH LYNCH CO HARVARD UNIVERSITY PURPOSE: SCHOLARSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Davis Education Foundation Farmington, UT | $5,085,973 | $8,327,640 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |