Bill Mohler Scholarship Foundation Inc
- Assets
- $1.1m
- Revenue
- $41.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Boonville, IN
- Founding
- 09/2012
- Data as of
- 06/2024
- EIN
- 45-5634925
Organization Overview
Bill Mohler Scholarship Foundation Inc is located in Boonville, IN. The organization was established in 2012. 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. Bill Mohler Scholarship Foundation Inc 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 06/2024, Bill Mohler Scholarship Foundation Inc generated $41.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $62.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bill Mohler Scholarship Foundation Inc has awarded 56 individual grants totaling $480,896. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Mohler President | 1 | $0 | |
Shannon M Mohler Vice-Pres. | 1 | $0 | |
Troy L Huffman Exec. Direct | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $890 |
| Dividends & Interest | $26,466 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,276 |
| Capital Gain Net Income | $22,077 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,632 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $431 |
| Total operating and administrative expenses | $4,681 |
| Contributions, gifts, grants paid | $58,178 |
| Total expenses and disbursements | $62,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,238 |
| 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 | $0 |
| Total assets | $1,105,692 |
| 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, Bill Mohler Scholarship Foundation Inc has awarded $58,178 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BALL STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,500 |
FLORIDA GULF COAST UNIVERSITY PURPOSE: SCHOLARSHIPS | $10,000 |
INDIANA UNIVERSITY PURPOSE: SCHOLARSHIPS | $16,440 |
IVY TECH COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $561 |
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIPS | $12,677 |
UNIVERSITY OF SOUTHERN INDIANA PURPOSE: SCHOLARSHIPS | $6,000 |