O J Stout Scholarship Fund is located in Parkersburg, WV. The organization was established in 1900. 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.
For the year ending 12/2021, O J Stout Scholarship Fund generated $409.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $520.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO STUDENTS FOR HIGHER EDUCATION
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,100 |
Interest on Savings | $22 |
Dividends & Interest | $316,835 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $84,991 |
Capital Gain Net Income | $84,991 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $6,705 |
Total Revenue | $409,653 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $142,515 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,061 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $50 |
Total operating and administrative expenses | $151,326 |
Contributions, gifts, grants paid | $369,600 |
Total expenses and disbursements | $520,926 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $17,078 |
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 | $774,397 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $273,697 |
Net Land, buildings, and equipment | $0 |
Other assets | $6,260 |
Total assets | $1,249,738 |
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 |
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