William Howard Parks Scholarship Tr
- Assets
- $1.5m
- Revenue
- $118.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- North Manchester, IN
- Founding
- 09/2014
- Data as of
- 10/2021
- EIN
- 46-6355255
Organization Overview
William Howard Parks Scholarship Tr is located in North Manchester, IN. 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. William Howard Parks Scholarship Tr 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 10/2021, William Howard Parks Scholarship Tr generated $118.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $106.7k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William Howard Parks Scholarship Tr has awarded 241 individual grants totaling $959,856. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,828 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,057 |
| Capital Gain Net Income | $80,057 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18 |
| Total Revenue | $118,903 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,442 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $334 |
| Total operating and administrative expenses | $27,776 |
| Contributions, gifts, grants paid | $78,965 |
| Total expenses and disbursements | $106,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,317 |
| Savings and temporary cash investments | $0 |
| 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 | $719 |
| Total assets | $1,535,751 |
| 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, William Howard Parks Scholarship Tr has awarded $127,474 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
EZRA MAZUREK PURPOSE: NONE-COLLEGE SCHOLARSHIP | $8,282 |
OWEN SEWARD PURPOSE: NONE-COLLEGE SCHOLARSHIP | $8,211 |
SVANNAH BORDNER PURPOSE: NONE-COLLEGE SCHOLARSHIP | $8,000 |
WESLEY WISE PURPOSE: NONE-COLLEGE SCHOLARSHIP | $7,500 |
EMMA BRIGGS PURPOSE: NONE-COLLEGE SCHOLARSHIP | $7,500 |
EZRA MAZUREK PURPOSE: NONE-COLLEGE SCHOLARSHIP | $5,759 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |