Scholarship Foundation Society Of Friendly Sons St Patrick Cty Wash
- Assets
- $453.2k
- Revenue
- $70.5k
- Investments
- $368.2k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 09/1959
- Data as of
- 05/2022
- EIN
- 52-6041456
Organization Overview
Scholarship Foundation Society Of Friendly Sons St Patrick Cty Wash is located in Bethesda, MD. The organization was established in 1959. 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. Scholarship Foundation Society Of Friendly Sons St Patrick Cty Wash 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, Scholarship Foundation Society Of Friendly Sons St Patrick Cty Wash generated $70.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $44.3k during the year ending 05/2022. While expenses have increased by 10.2% 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.
Since 2015, Scholarship Foundation Society Of Friendly Sons St Patrick Cty Wash has awarded 35 individual grants totaling $215,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Dugan Director | 0.5 | $0 | |
David L Winstead Director | 0.5 | $0 | |
Mike Flynn Chairman/president | 0.5 | $0 | |
Charles S Abell Director/secretary/treasurer | 2 | $0 | |
Edward Williams Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $846 |
| Dividends & Interest | $9,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,079 |
| Capital Gain Net Income | $35,079 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $755 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,255 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $44,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,914 |
| 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 | $368,239 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $453,153 |
| 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, Scholarship Foundation Society Of Friendly Sons St Patrick Cty Wash has awarded $42,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON IRELAND PROGRAM PURPOSE: SUMMER PROGRAM FOR IRISH CHILDREN | $6,000 |
Villanova, PA PURPOSE: SCHOLARSHIP | $6,000 |
Washington, DC PURPOSE: SCHOLARSHIP | $6,000 |
BOSTON COLLEGE PURPOSE: SCHOLARSHIP | $6,000 |
Washington, DC PURPOSE: SCHOLARSHIP | $6,000 |
PEACE PLAYERS INTERNATIONAL PURPOSE: SUPPORT ORGANIZATION'S WORK IN NORTHERN IRELAND | $6,000 |
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 |