George E Stifel Scholarship Fund
- Assets
- $1.6m
- Revenue
- $168.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 03/1957
- Data as of
- 04/2024
- EIN
- 55-6018248
Organization Overview
George E Stifel Scholarship Fund is located in Wheeling, WV. The organization was established in 1957. 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. George E Stifel 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 04/2024, George E Stifel Scholarship Fund generated $168.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $153.0k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, George E Stifel Scholarship Fund has awarded 266 individual grants totaling $1,014,800. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $63,056 |
| Capital Gain Net Income | $63,056 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $168,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,702 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,625 |
| Total operating and administrative expenses | $31,002 |
| Contributions, gifts, grants paid | $122,000 |
| Total expenses and disbursements | $153,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $179,302 |
| Net Accounts receivable | $727 |
| 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 | $1,561,706 |
| 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, George E Stifel Scholarship Fund has awarded $122,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
MARSHALL UNIVERSITY PURPOSE: JENNA RICE SCHOLARSHIP | $2,000 |
WEST LIBERTY UNIVERSITY PURPOSE: JOSEPHINE KULPA SCHOLARSHIP | $2,500 |
WEST LIBERTY UNIVERSITY PURPOSE: JOSIE MARTIN SCHOLARSHIP | $2,000 |
WEST LIBERTY UNIVERSITY PURPOSE: SAVANNAH TURNER SCHOLARSHIP | $1,000 |
WEST VIRGINIA UNIVERSITY PURPOSE: MADELINE LECUYER | $5,500 |
WEST VIRGINIA UNIVERSITY PURPOSE: DANNEN FORAKER SCHOLARSHIP | $3,000 |