Scholarship Assistance Fund

Organization Overview

Scholarship Assistance Fund is located in Prospect Heights, IL. The organization was established in 2014. 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. Scholarship Assistance 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 12/2022, Scholarship Assistance Fund generated $100.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $193.3k during the year ending 12/2022. 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

PROVIDE COLLEGE SCHOLARSHIPS FOR STUDENTS IN SURROUNDING LOCAL AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE COLLEGE SCHOLARSHIPS FOR STUDENTS IN SURROUNDING LOCAL AREA


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Board, Officers & Key Employees

Name (title)Compensation
David Annin
President
$0
Hunter Hamilton
Vice President
$0
Bill Kearns
Treasurer
$0
Marie Divirgilio
Board Member
$0
Corey Heidkamp
Board Member
$0
Dina Derman
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$65,277
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,380
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$78,657
Total Program Service Revenue$0
Investment income $22,194
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $100,851

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