Scott Morgan Community Unit School District No 2 Foundation
- Assets
- $853.7k
- Revenue
- $36.9k
- Investments
- $195.2k
- Employees
- 0
- Location
- Bluffs, IL
- Founding
- 06/1996
- Data as of
- 12/2022
- EIN
- 37-1265639
Organization Overview
Scott Morgan Community Unit School District No 2 Foundation is located in Bluffs, IL. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Scott Morgan Community Unit School District No 2 Foundation 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, Scott Morgan Community Unit School District No 2 Foundation generated $36.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Scott Morgan Community Unit School District No 2 Foundation has awarded 73 individual grants totaling $409,680. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26,492 |
| Dividends & Interest | $10,422 |
| 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 | $0 |
| Total Revenue | $36,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $1,375 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $658,417 |
| 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 | $195,244 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $853,661 |
| 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, Scott Morgan Community Unit School District No 2 Foundation has awarded $4,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CALEIGH JONES PURPOSE: SCHOLARSHIP RECIPIENTTO ILLINOIS COLLEGE | $500 |
SCOTT-MORGAN SCHOOL DIST #2 PURPOSE: PUBLIC SCHOOLPROGRAM SUPPORT | $3,000 |
MORGAN HOOTS PURPOSE: SCHOLARSHIP RECIPIENTTO JOHN WOOD COMMUNITY COLLEGE | $500 |
CALEIGH JONES PURPOSE: SCHOLARSHIP RECIPIENTTO PARKLAND COLLEGE | $500 |