P E O International Peace Scholarship Fund
- Assets
- $8.1m
- Revenue
- $2.1m
- Investments
- $635.3k
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 07/1962
- Data as of
- 06/2023
- EIN
- 42-6078058
Organization Overview
P E O International Peace Scholarship Fund is located in Des Moines, IA. The organization was established in 1962. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. P E O International Peace 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 06/2023, P E O International Peace Scholarship Fund generated $2.1m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS FOR QUALIFIED WOMEN STUDENTS, WITH CITIZENSHIP IN A COUNTRY OTHER THAN THE UNITED STATES AND CANADA, TO PURSUE GRADUATE STUDY IN THE UNITED STATES AND CANADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
170 SCHOLARSHIPS WERE AWARDED DURING THE YEAR, TOTALING $1,868,100. THE MAXIMUM SCHOLARSHIP IS $12,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobbie Gervais Board Of Trustees | OfficerTrustee | 25 | $0 |
Karen Neylon Board Of Trustees | OfficerTrustee | 25 | $0 |
Jan Knuckey Board Of Trustees Chair | OfficerTrustee | 30 | $0 |
Dana Van Roekel Director Of Financetreasurer | Officer | 2 | $0 |
Kathy Soppe Executive Director | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $356,566 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,492,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,849,382 |
| Total Program Service Revenue | $0 |
| Investment income | $174,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $88,058 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,136,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,784,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $83,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,376 |
| Pension plan accruals and contributions | $1,829 |
| Other employee benefits | $1,698 |
| Payroll taxes | $3,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,949 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,939 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,300 |
| Travel | $4,237 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,934,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,646,069 |
| Savings and temporary cash investments | $763,727 |
| Pledges and grants receivable | $6,286 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,075,897 |
| Investments—other securities | $635,293 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,127,272 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $5,734,452 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,392,820 |
| Total liabilities and net assets/fund balances | $8,127,272 |