Aletha J Honnold Fine Arts Scholarship Trust
- Assets
- $65.9k
- Revenue
- $2.2k
- Investments
- $62.5k
- Employees
- 0
- Location
- Paris, IL
- Founding
- 10/1987
- Data as of
- 12/2023
- EIN
- 37-6249017
Organization Overview
Aletha J Honnold Fine Arts Scholarship Trust is located in Paris, IL. The organization was established in 1987. 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. Aletha J Honnold Fine Arts Scholarship Trust 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 12/2023, Aletha J Honnold Fine Arts Scholarship Trust generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP GRANT MAKING - 4 SCHOLARSHIPS ADMINISTERED
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $92 |
| Dividends & Interest | $1,378 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $703 |
| Capital Gain Net Income | $703 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,173 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $1,931 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $3,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,370 |
| 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 | $62,512 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $65,882 |
| 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, Aletha J Honnold Fine Arts Scholarship Trust has awarded $2,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LIA RIGDON PURPOSE: SCHOLARSHIP | $500 |
OLIVIA THEIRL PURPOSE: SCHOLARSHIP | $500 |
ETHAN VICE PURPOSE: SCHOLARSHIP | $500 |
MOLLIE POLLOCK PURPOSE: SCHOLARSHIP | $500 |