Karl Schooler Scholarship Tr Fund
- Assets
- $0.0
- Revenue
- $624.5k
- Investments
- $688.6k
- Employees
- 0
- Location
- Carlisle, IA
- Founding
- 04/2000
- Data as of
- 10/2020
- EIN
- 42-1494825
Organization Overview
Karl Schooler Scholarship Tr Fund is located in Carlisle, IA. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karl Schooler Scholarship Tr 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 10/2020, Karl Schooler Scholarship Tr Fund generated $624.5k in total revenue. All expenses for the organization totaled $31.4k during the year ending 10/2020.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO SIX STUDENTS FOR EDUCATIONAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William R Schooler Trustee | 1 | $490 | |
Landen Schooler Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,248 |
| Dividends & Interest | $9,351 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $624,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $470 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $11,901 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $31,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,007 |
| Investments—mortgage loans | $0 |
| Investments—other | $27,260 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karl Schooler Scholarship Tr Fund has awarded $30,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
TYRELL ERB PURPOSE: EDUCATION | $5,000 |
TYLER DONOVAN PURPOSE: EDUCATION | $5,000 |
ANNIKA JOHNSON PURPOSE: EDUCATION | $5,000 |
TRISTIN SNODGRASS PURPOSE: EDUCATION | $5,000 |
VALARIE BEDWELL PURPOSE: EDUCATION | $5,000 |
WESLEY BEDWELL PURPOSE: EDUCATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |