Joseph E And Dorothy Archer Scholar Ship Fund Trust
- Assets
- $3.2m
- Revenue
- $253.6k
- Investments
- $732.1k
- Employees
- 0
- Location
- Terre Haute, IN
- Founding
- Data as of
- 12/2023
- EIN
- 26-6457631
Organization Overview
Joseph E And Dorothy Archer Scholar Ship Fund Trust is located in Terre Haute, IN. 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. Joseph E And Dorothy Archer Scholar Ship Fund 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 12/2023, Joseph E And Dorothy Archer Scholar Ship Fund Trust generated $253.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $426.8k during the year ending 12/2023. While expenses have increased by 17.3% 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, Joseph E And Dorothy Archer Scholar Ship Fund Trust has awarded 11 individual grants totaling $775,233. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SCHOLARSHIPS TO HS GRADS LIVING IN VIGO & PARKE CNTY, IN AND EDGAR CNTY, IL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,569 |
| Net Rental Income | $38,439 |
| Net Gain on Sale of Assets | $17,613 |
| Capital Gain Net Income | $17,613 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $321 |
| Total Revenue | $253,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,292 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84 |
| Depreciation | $305 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $173,017 |
| Total operating and administrative expenses | $201,798 |
| Contributions, gifts, grants paid | $225,000 |
| Total expenses and disbursements | $426,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $381,466 |
| 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 | $2,081,615 |
| Investments—mortgage loans | $0 |
| Investments—other | $10 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,195,158 |
| 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, Joseph E And Dorothy Archer Scholar Ship Fund Trust has awarded $225,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PARKE COUNTY COMMUNITY FOUNDATION PURPOSE: GENERAL FUNDING | $73,125 |
EDGAR COUNTY COMMUNITY FOUNDATION INC PURPOSE: GENERAL | $33,750 |
WABASH VALLEY COMMUNITY FOUNDATION PURPOSE: GENERAL FUNDING | $118,125 |