Febus Scholarship Fund Trust is located in Lancaster, OH.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COLLEGE SCHOLARSHIPS TO RESIDENTS OF FAIRFIELD COUNTY, OHIO, WHO QUALIFY ON THE BASIS OF FINANCIAL NEED AND ABILITY.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $43,789 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$3,008 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $40,781 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $5,843 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $429 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $256 |
Total operating and administrative expenses | $8,463 |
Contributions, gifts, grants paid | $1,161,842 |
Total expenses and disbursements | $1,170,305 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Other assets | $0 |
Total assets | $0 |
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 |
Over the last fiscal year, Febus Scholarship Fund Trust has awarded $1,161,842 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SEE ATTACHED SCHEDULE PURPOSE: EDUCATION | $42,000 |
OHIO STATE UNIVERSITY FOUNDATION PURPOSE: EDUCATIONAL SCHOLARSHIPS | $1,119,842 |