Government Employees Benefit Association Scholarship Foundation
- Assets
- $13.8k
- Revenue
- $139.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, MD
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 32-0143828
Organization Overview
Government Employees Benefit Association Scholarship Foundation is located in Hanover, MD. The organization was established in 2007. 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. Government Employees Benefit Association Scholarship Foundation 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, Government Employees Benefit Association Scholarship Foundation generated $139.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $139.5k during the year ending 12/2021. While expenses have increased by 0.9% 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.
Since 2015, Government Employees Benefit Association Scholarship Foundation has awarded 361 individual grants totaling $883,000. 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 |
|---|---|---|---|
Tim Mohr Chairperson-Elect | 1 | $0 | |
Kira Fuller Secretary | 1 | $0 | |
Terry Santavicca Chairperson | 1 | $0 | |
Barbara Fordyce Treasurer/chair | 1 | $0 | |
Michele Howe Director/chair | 1 | $0 | |
Ron Carback Director/chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $139,512 |
| 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 | $139,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,012 |
| Total operating and administrative expenses | $12,012 |
| Contributions, gifts, grants paid | $127,500 |
| Total expenses and disbursements | $139,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,350 |
| 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 | $8,400 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,750 |
| 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, Government Employees Benefit Association Scholarship Foundation has awarded $127,500 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
MADISON GARRIGUS PURPOSE: SCHOLARSHIP | $2,500 |
JENNIFER CULLEN PURPOSE: SCHOLARSHIP | $2,500 |
JULIA BURLESON PURPOSE: SCHOLARSHIP | $2,500 |
KYLIE BOWMAN PURPOSE: SCHOLARSHIP | $2,500 |
EVA MARIE FARROHA PURPOSE: SCHOLARSHIP | $2,500 |
ANDREW EMMONS PURPOSE: SCHOLARSHIP | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Government Employees Benefit Association Scholarship Foundation has recieved totaling $137,809.
| Awarding Organization | Amount |
|---|---|
Government Employees Benefit Association Inc Hanover, MD PURPOSE: SCHOLARSHIPS TO GEBA MEMBERS/FAMILY MEMBERS | $137,809 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thurgood Marshall College Fund Inc Washington, DC | $121,810,471 | $98,266,975 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Breakthrough Prize Foundation Washington, DC | $10,581,357 | $48,295,695 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |