Beaver Dam Scholarship Foundation I

Organization Overview

Beaver Dam Scholarship Foundation I is located in Beaver Dam, WI. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public 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. Beaver Dam Scholarship Foundation I 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 12/2022, Beaver Dam Scholarship Foundation I generated $442.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $264.0k during the year ending 12/2022. While expenses have increased by 3.7% 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 HELP THE YOUNG PEOPLE OF THE BEAVER DAM COMMUNITY REACH THEIR MAXIMUM POTENTIAL, THEREBY CREATING A FUTURE GENERATION OF ENLIGHTENED THINKERS AND INSPIRED ACHIEVERS TO LEAD OUR COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL SUPPORT TO THOSE ATTENDING A FOUR YEAR COLLEGE/UNIVERSITY OR A ONE OR TWO YEAR TECHNICAL SCHOOL.SCHOLARSHIPS ARE AWARDED ON BASIS OF ACADEMIC MERIT AND FINANCIAL NEED AND ARE GRANTED ANNUALLY IN THE SPRING.


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Board, Officers & Key Employees

Name (title)Compensation
Nathan Dassler
Director
$0
James Flynn
Director
$0
Paul Devries
Director
$0
Brenda Meyer
Director
$0
Roxanne Miller
Secretary
$0
Carl Stangl
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$257,474
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$257,474
Total Program Service Revenue$0
Investment income $93,873
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $70,359
Net Income from Fundraising Events $21,149
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $442,855

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