Skelton Scholarship Fund
- Assets
- $214.7k
- Revenue
- $45.6k
- Investments
- $209.8k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 07/1999
- Data as of
- 07/2022
- EIN
- 37-1297171
Organization Overview
Skelton Scholarship Fund is located in Milwaukee, WI. The organization was established in 1999. 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. Skelton 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 07/2022, Skelton Scholarship Fund generated $45.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $20.4k during the year ending 07/2022. While expenses have increased by 4.4% per year over the past 4 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,015 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,521 |
| Capital Gain Net Income | $40,521 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84 |
| Total Revenue | $45,620 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $521 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $10,399 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $20,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,858 |
| 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 | $209,841 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $214,699 |
| 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, Skelton Scholarship Fund has awarded $12,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
LAND OF LINCOLN COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $3,250 |
UNIVERSITY OF ILLINOIS PURPOSE: SCHOLARSHIPS | $1,700 |
Macomb, IL PURPOSE: SCHOLARSHIPS | $1,000 |
UNIVERSITY OF WISCONSIN - MADISON PURPOSE: SCHOLARSHIPS | $1,000 |
YONSEI UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,000 |
SOUTHERN ILLINOIS UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |