Paul A & Daisy E Schuneman Scholarship Fund
- Assets
- $224.0k
- Revenue
- $20.4k
- Investments
- $171.4k
- Employees
- 0
- Location
- Hiawatha, KS
- Founding
- 03/2003
- Data as of
- 12/2023
- EIN
- 33-6324829
Organization Overview
Paul A & Daisy E Schuneman Scholarship Fund is located in Hiawatha, KS. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Paul A & Daisy E Schuneman 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, Paul A & Daisy E Schuneman Scholarship Fund generated $20.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $26.5k during the year ending 12/2023. While expenses have increased by 2.8% 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, Paul A & Daisy E Schuneman Scholarship Fund has awarded 307 individual grants totaling $147,800. 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
SCHOLARSHIPS ARE AWARDED FOR SECONDARY EDUCATION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,324 |
| Capital Gain Net Income | $24 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,439 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,876 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $106 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,632 |
| Contributions, gifts, grants paid | $21,900 |
| Total expenses and disbursements | $26,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,605 |
| 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 | $99,865 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $224,033 |
| 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, Paul A & Daisy E Schuneman Scholarship Fund has awarded $21,900 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ARMENT ALLISON PURPOSE: SECONDARY ED | $300 |
BOCK ABIGAIL PURPOSE: SECONDARY EDUCATION | $300 |
BIGHAM EMMA PURPOSE: SECONDARY ED | $300 |
BRYAN MITCHEL PURPOSE: SECONDARY ED | $300 |
BACHMAN CAMDEN PURPOSE: SECONDARY EDUCATION | $450 |
DILLER BRENNA PURPOSE: SECONDARY EDUCATION | $300 |