Carl A And Isabel J Backlin Scholarship Fund
- Assets
- $117.6k
- Revenue
- $5.2k
- Investments
- $116.4k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2000
- Data as of
- 07/2024
- EIN
- 39-6717250
Organization Overview
Carl A And Isabel J Backlin Scholarship Fund is located in Milwaukee, WI. The organization was established in 2000. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Carl A And Isabel J Backlin 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 07/2024, Carl A And Isabel J Backlin Scholarship Fund generated $5.2k 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 (6.3%) each year. All expenses for the organization totaled $11.7k during the year ending 07/2024. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,208 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $838 |
| Capital Gain Net Income | $838 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $122 |
| Total Revenue | $5,168 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,003 |
| Contributions, gifts, grants paid | $6,707 |
| Total expenses and disbursements | $11,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,103 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $164 |
| Total assets | $117,649 |
| 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, Carl A And Isabel J Backlin Scholarship Fund has awarded $6,707 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UW MADISON PURPOSE: SCHOLARSHIP | $2,500 |
UW LACROSSE PURPOSE: SCHOLARSHIP | $2,500 |
UW EAU CLAIRE PURPOSE: SCHOLARSHIP | $569 |
UW-MADISON PURPOSE: SCHOLARSHIP | $569 |
CARROLL UNIVERSITY PURPOSE: SCHOLARSHIP | $569 |