Froman Scholarship 11-50004-2
- Assets
- $144.2k
- Revenue
- $18.8k
- Investments
- $144.2k
- Employees
- 0
- Location
- Evansville, IN
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 37-6375786
Organization Overview
Froman Scholarship 11-50004-2 is located in Evansville, IN. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Froman Scholarship 11-50004-2 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 12/2021, Froman Scholarship 11-50004-2 generated $18.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $10.8k during the year ending 12/2021. 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 | $2,801 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,997 |
| Capital Gain Net Income | $15,997 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,798 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $248 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $3,763 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $10,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $144,162 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $144,162 |
| 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, Froman Scholarship 11-50004-2 has awarded $7,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Evansville, IN PURPOSE: SCHOLARSHIPS | $3,000 |
WABASH VALLEY COLLEGE PURPOSE: SCHOLARSHIPS | $2,000 |
Anderson, IN PURPOSE: SCHOLARSHIPS | $1,000 |
Charleston, IL PURPOSE: SCHOLARSHIPS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Drumm Center For Children Inc Independence, MO | $21,203,192 | $3,719,217 |
Coregiving Co Chicago, IL | $192,857 | $1,890,844 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
George M Pullman Educational Foundation Chicago, IL | $30,414,650 | $2,281,953 |