Celia M Howard Fellowship Fund
- Assets
- $1.6m
- Revenue
- $57.7k
- Investments
- $1.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1950
- Data as of
- 02/2023
- EIN
- 36-6054662
Organization Overview
Celia M Howard Fellowship Fund is located in Chicago, IL. The organization was established in 1950. 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. Celia M Howard Fellowship 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 02/2023, Celia M Howard Fellowship Fund generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $113.2k during the year ending 02/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Celia M Howard Fellowship Fund has awarded 68 individual grants totaling $1,055,500. 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 |
|---|---|---|---|
Tina Klein Vice Chair | 20 | $0 | |
Fayrene Wright Chairman | 40 | $0 | |
Kathy Clark Ellers Secretary | 10 | $0 | |
Patricia Mcnicholas Treasurer | 30 | $0 | |
Linda Johnson Trustee | 30 | $0 | |
Barb Young Trustee | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,350 |
| 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 | $3,316 |
| Total Revenue | $57,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,745 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,814 |
| Total operating and administrative expenses | $43,159 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $113,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,353 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,127,078 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,550,683 |
| 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, Celia M Howard Fellowship Fund has awarded $70,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LILLIAN ALEXANDROVA PURPOSE: EDUCATION | $5,000 |
OLIVIA DUGGINS PURPOSE: EDUCATION | $27,500 |
MARY ELIZABETH HAXEL PURPOSE: EDUCATION | $5,000 |
SRINITHI NARAYANAN PURPOSE: EDUCATION | $7,500 |
COURTNEY BOYCE PURPOSE: EDUCATION | $25,000 |