C M Dowell Scholarship Tr is located in Havana, IL. The organization was established in 2015. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. C M Dowell 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 12/2023, C M Dowell Scholarship Tr generated $10.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $11.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $10,223 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $3,879 |
Net ST Capital Gain | $15 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $10,223 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $2,339 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $109 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15 |
Total operating and administrative expenses | $3,746 |
Contributions, gifts, grants paid | $7,650 |
Total expenses and disbursements | $11,396 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68 |
Savings and temporary cash investments | $5,428 |
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 | $27,667 |
Investments—other | $50,796 |
Net Land, buildings, and equipment | $0 |
Other assets | $34,000 |
Total assets | $240,845 |
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 |
Over the last fiscal year, C M Dowell Scholarship Tr has awarded $7,650 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
KAYCI SIMPSON PURPOSE: SCHOLARSHIP | $2,550 |
LAUREN BOOTH PURPOSE: SCHOLARSHIP | $2,550 |
THOMAS BARNES PURPOSE: SCHOLARSHIP | $2,550 |