Grace And Roy Jordan Scholarship Fund is located in Kilmarnock, VA. The organization was established in 2003. 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. Grace And Roy Jordan 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, Grace And Roy Jordan Scholarship Fund generated $15.9k 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 (5.6%) each year. All expenses for the organization totaled $31.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $81 |
Dividends & Interest | $17,110 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$1,322 |
Capital Gain Net Income | $437 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $15,869 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $8,391 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $314 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $20 |
Total operating and administrative expenses | $10,028 |
Contributions, gifts, grants paid | $21,501 |
Total expenses and disbursements | $31,529 |
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 | $388,035 |
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 |
Over the last fiscal year, Grace And Roy Jordan Scholarship Fund has awarded $10,100 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
RASUL M HENDERSON PURPOSE: SCHOLARSHIP | $2,020 |
DESMOND L COLEMAN PURPOSE: SCHOLARSHIP | $2,020 |
ALEXIS M REED PURPOSE: SCHOLARSHIP | $2,020 |
LAURA C STICKLER PURPOSE: SCHOLARSHIP | $2,020 |
ESSENCE L NOEL PURPOSE: SCHOLARSHIP | $2,020 |