John M Shank Memorial Scholarship Fund
- Assets
- $180.1k
- Revenue
- $108.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 02/2005
- Data as of
- 12/2023
- EIN
- 27-0095533
Organization Overview
John M Shank Memorial Scholarship Fund is located in Portland, OR. The organization was established in 2005. 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. John M Shank Memorial 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 12/2023, John M Shank Memorial Scholarship Fund generated $108.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $98.4k during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 8 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 2016, John M Shank Memorial Scholarship Fund has awarded 173 individual grants totaling $938,000. 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 |
|---|---|---|---|
Johanna Glode President | 0.5 | $0 | |
Janet Tipton Secretary | 0.5 | $0 | |
Julie Schultz Treasurer | 0.5 | $0 | |
Kim Cafferty Director | 0.5 | $0 | |
Sheri Garbrecht Director | 0.5 | $0 | |
Tim Stephens Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,442 |
| Interest on Savings | $0 |
| 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 | $108,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $167 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,256 |
| Total operating and administrative expenses | $8,423 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $98,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $180,101 |
| 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 | $180,101 |
| 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, John M Shank Memorial Scholarship Fund has awarded $90,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL WIDHALM FBO UNIVERSITY OF N PURPOSE: TUITION | $5,000 |
ASHLEY PRAY FBO ST PETERSBURG COLLE PURPOSE: TUITION | $5,000 |
ALLISON BISHOP FBO THOMAS JEFFERSON PURPOSE: TUITION | $5,000 |
BRAYDEN HUBBARD FBO BAYLOR UNIVERSI PURPOSE: TUITION | $5,000 |
CAMERON MAWBY FBO PENN STATE UNIVER PURPOSE: TUITION | $5,000 |
BROOKELYN STIEBEN FBO AUGUSTANA UNI PURPOSE: TUITION | $5,000 |