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
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 |
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 |