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 12/2021, Beaver Dam Scholarship Foundation I generated $494.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $262.5k during the year ending 12/2021. While expenses have increased by 2.5% 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

2021

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.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Nathan Dassler
Director
$0
Brenda Meyer
Director
$0
James Flynn
Director
$0
Paul Devries
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$67,709
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$67,709
Total Program Service Revenue$0
Investment income $143,942
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $261,308
Net Income from Fundraising Events $21,405
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $494,364

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Beaver Dam Scholarship Foundation I has recieved totaling $10,500.

Awarding OrganizationAmount
Nelson G And Vera C Hicks Charitable Foundation

Madison, WI

PURPOSE: SCHOLARSHIP PROGRAMS

$10,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,791,852
Earnings$405,250
Admin Expense$62,555
Net Contributions$89,114
Other Expense$2,528
Grants$194,875
Ending Balance$4,026,258

Create an account to unlock the data you need.

or