Eva E Mcinnes College Scholarship Fund
- Assets
- $1.1m
- Revenue
- $119.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 11/1991
- Data as of
- 12/2022
- EIN
- 36-3756004
Organization Overview
Eva E Mcinnes College Scholarship Fund is located in Evansville, IN. The organization was established in 1991. 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. Eva E Mcinnes College 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 12/2022, Eva E Mcinnes College Scholarship Fund generated $119.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $60.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eva E Mcinnes College Scholarship Fund has awarded 195 individual grants totaling $379,325. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S SOLE DIRECT CHARITABLE ACTIVITY CONSISTS OF PROVIDING SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS TO ATTEND COLLEGE. DURING THE YEAR 2022, THE FOUNDATION PAID SCHOLARSHIPS ON BEHALF OF 19 STUDENTS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $271 |
| Dividends & Interest | $20,680 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,649 |
| Capital Gain Net Income | $98,649 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $119,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,910 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,813 |
| Contributions, gifts, grants paid | $41,467 |
| Total expenses and disbursements | $60,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,972 |
| 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 | $1,133,261 |
| 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, Eva E Mcinnes College Scholarship Fund has awarded $41,467 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
LUCAS ANDERSON PURPOSE: COLLEGE TUITION | $500 |
BRENT ANDERLIK PURPOSE: COLLEGE TUITION | $500 |
REBECCA ARENDARCZYK PURPOSE: COLLEGE TUITION | $3,500 |
MARTIN ASTTER PURPOSE: COLLEGE TUITION | $3,300 |
LOGAN FREID PURPOSE: COLLEGE TUITION | $3,000 |
AUBRIE HOCIN-HAYES PURPOSE: COLLEGE TUITION | $2,500 |