Otto Villwock Medical Educational Scholarship Fund
- Assets
- $275.5k
- Revenue
- $25.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/1975
- Data as of
- 05/2022
- EIN
- 51-0172011
Organization Overview
Otto Villwock Medical Educational Scholarship Fund is located in Chicago, IL. The organization was established in 1975. 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. Otto Villwock Medical Educational 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 05/2022, Otto Villwock Medical Educational Scholarship Fund generated $25.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $18.5k during the year ending 05/2022. While expenses have increased by 0.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,656 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,028 |
| Capital Gain Net Income | $18,028 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,684 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,775 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $422 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,197 |
| Contributions, gifts, grants paid | $14,352 |
| Total expenses and disbursements | $18,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,535 |
| 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 | $268,918 |
| Total assets | $275,453 |
| 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, Otto Villwock Medical Educational Scholarship Fund has awarded $14,352 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
REBEKAH RUSSELL PURPOSE: SCHOLARSHIP | $3,588 |
SARA SHIM PURPOSE: SCHOLARSHIP | $3,588 |
SIMRAN KAUER PURPOSE: SCHOLARSHIP | $2,392 |
MIA PRIFTI PURPOSE: SCHOLARSHIP | $2,392 |
ZACHARY DUNTON PURPOSE: SCHOLARSHIP | $2,392 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |