Michigan Education Association Scholarship Fund

Organization Overview

Michigan Education Association Scholarship Fund is located in East Lansing, MI. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Education Association 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 08/2022, Michigan Education Association Scholarship Fund generated $93.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $76.3k during the year ending 08/2022. While expenses have increased by 7.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING PUBLIC, POST K-12 EDUCATIONAL INSTITUTIONS IN MI.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS WERE PROVIDED TO 46 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Greta Brock
Chair
$0
Anthony Robinson
Trustee
$0
Rebecca Newell
Trustee
$0
Rita Vater Darnton
Trustee
$0
Dean Parling
Trustee
$0
Jenn Garland
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$30,365
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,069
Noncash contributions included in lines 1a–1f $2,920
Total Revenue from Contributions, Gifts, Grants & Similar$32,434
Total Program Service Revenue$0
Investment income $34,623
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $27,914
Net Income from Fundraising Events -$1,771
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $93,200

Endowment Analysis

Beg. Balance$895,271
Net Contributions$30,663
Ending Balance$925,934

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