Baker-Adams Scholarship Fund 059-1265282
- Assets
- $620.8k
- Revenue
- $25.3k
- Investments
- $594.5k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 31-6636824
Organization Overview
Baker-Adams Scholarship Fund 059-1265282 is located in Dallas, TX. The organization was established in 2000. 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. Baker-Adams Scholarship Fund 059-1265282 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, Baker-Adams Scholarship Fund 059-1265282 generated $25.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $50.7k during the year ending 12/2023. While expenses have increased by 6.6% per year over the past 7 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,876 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,608 |
| Capital Gain Net Income | $6,608 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,783 |
| Total Revenue | $25,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,633 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $517 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $397 |
| Total operating and administrative expenses | $13,717 |
| Contributions, gifts, grants paid | $37,000 |
| Total expenses and disbursements | $50,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,297 |
| 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 | $620,805 |
| 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, Baker-Adams Scholarship Fund 059-1265282 has awarded $37,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HUSSON UNIVERSITY PURPOSE: SCHOLARSHIPS | $3,500 |
UNIVERSITY OF NEW HAMPSHIRE PURPOSE: UNRESTRICTED GENERAL | $4,750 |
PROVIDENCE COLLEGE PURPOSE: UNRESTRICTED GENERAL | $3,500 |
BENTLEY UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $4,000 |
SKIDMORE COLLEGE PURPOSE: SCHOLARSHIPS | $4,000 |
WESLEYAN UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,000 |