Thomas L Myrtle R Arch & Eva Alexander Scholarship Fund
- Assets
- $599.7k
- Revenue
- $28.4k
- Investments
- $536.7k
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 11/1979
- Data as of
- 02/2024
- EIN
- 35-6333739
Organization Overview
Thomas L Myrtle R Arch & Eva Alexander Scholarship Fund is located in Cincinnati, OH. The organization was established in 1979. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is the central organization for a national or regional group of organizations. Thomas L Myrtle R Arch & Eva Alexander 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 02/2024, Thomas L Myrtle R Arch & Eva Alexander Scholarship Fund generated $28.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $76.8k during the year ending 02/2024. While expenses have increased by 2.7% per year over the past 5 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fifth Third Bank Co-Trustee | 1 | $0 | |
Hawley Hudson Hawley Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,492 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,672 |
| Capital Gain Net Income | $4,672 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,214 |
| Total Revenue | $28,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,558 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $588 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,705 |
| Total operating and administrative expenses | $21,261 |
| Contributions, gifts, grants paid | $55,500 |
| Total expenses and disbursements | $76,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $62,950 |
| 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 | $429,089 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $599,700 |
| 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, Thomas L Myrtle R Arch & Eva Alexander Scholarship Fund has awarded $46,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY PURPOSE: SCHOLARSHIP | $4,000 |
IUPUI PURPOSE: SCHOLARSHIP | $1,300 |
MARIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |
MIDWAY UNIVERSITY PURPOSE: SCHOLARSHIP | $1,300 |
MURRAY STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,600 |
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP | $9,200 |