Mwe Scholarship Fund

Organization Overview

Mwe Scholarship Fund is located in Grand Forks, ND. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Mwe 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 12/2022, Mwe Scholarship Fund generated $241.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (36.9%) each year. All expenses for the organization totaled $409.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Mwe Scholarship Fund has awarded 68 individual grants totaling $2,053,926. 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)Compensation
Lyle Hall
President
$15,000
Mark Sanford
Vice President
$15,000
Bruce Kopp
Secretary/treasurer
$15,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $147,750
Net Rental Income$0
Net Gain on Sale of Assets $93,927
Capital Gain Net Income $93,927
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $241,677

Grants Awarded

Over the last fiscal year, Mwe Scholarship Fund has awarded $319,564 in support to 11 organizations.

Grant RecipientAmount

UNIVERSITY OF NORTH DAKOTA

PURPOSE: SCHOLARSHIP

$196,302

NORTHLAND COMMUNITY AND TECHNICAL COLLEGE

PURPOSE: SCHOLARSHIP

$36,870

NORTH DAKOTA STATE UNIVERSITY

PURPOSE: SCHOLARSHIP

$21,650

JOSEPH'S SCHOOL OF HAIR DESIGN

PURPOSE: SCHOLARSHIP

$12,806

UNIVERSITY OF JAMESTOWN

Org PageRecipient Profile

Jamestown, ND

PURPOSE: SCHOLARSHIP

$10,923

UNIVERISTY OF CINCINNATI

PURPOSE: SCHOLARSHIP

$9,621
View Grant Profile

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