Scholarship Foundation Of The Navy Wives Clubs Of America, operating under the name The Scholarship Foundation Of, is located in Nsa Midmillington, TN. 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 Of 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 08/2024, Scholarship Foundation Of generated $72.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $46.1k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION AWARDS SCHOLARSHIPS TO ELIGIBLE INDIVIDUALS TO ASSIST WITH TUITION AT A COLLEGE OR UNIVERSITY FOR EDUCATIONAL PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy New Scholarship Director | 10 | $0 | |
Eleanor Hamby Secretary/treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $58,117 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $7,963 |
Gain or Loss | $6,759 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,839 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,679 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $43 |
Other expenses | $40,331 |
Total expenses | $46,053 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $330,010 |
Other assets | $0 |
Total assets | $330,010 |
Total liabilities | $0 |
Net assets or fund balances | $330,010 |