Ethel And Emery Fast Scholarship Foundation Inc
- Assets
- $0.0
- Revenue
- $1.0
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 04/1994
- Data as of
- 12/2019
- EIN
- 52-1817707
Organization Overview
Ethel And Emery Fast Scholarship Foundation Inc is located in Potomac, MD. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2019, Ethel And Emery Fast Scholarship Foundation Inc generated $1.0 in total revenue. All expenses for the organization totaled $29.3k during the year ending 12/2019.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDED SCHOLARSHIPS OF NATIVE AMERICANS ATTENDING AN INSTITUTION OF HIGHER EDUCATION ON A FULL TIME BASIS WHO ALSO DEMONSTRATED GOOD ACADEMIC STANDING AS WELL AS FINANCIAL NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Schuldt Director | 0 | $0 | |
Michael Barlous Director | 0 | $0 | |
Carol Minami Fd Mgr & Director | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,373 |
| Total operating and administrative expenses | $4,874 |
| Contributions, gifts, grants paid | $24,400 |
| Total expenses and disbursements | $29,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, Ethel And Emery Fast Scholarship Foundation Inc has awarded $24,400 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
TENILLE RENE MORIN PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,400 |
AMBER KOM PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
ARLIN THOMAS PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
SHANELLE CRUZ PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
FARRAH GOURNEAU PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
SARA LEE PARISIEN PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |