Phyllis A Beneke Scholarship Fund
- Assets
- $2.9m
- Revenue
- $171.7k
- Investments
- $2.8m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 07/2001
- Data as of
- 02/2024
- EIN
- 55-6106147
Organization Overview
Phyllis A Beneke Scholarship Fund is located in Wheeling, WV. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public 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. Phyllis A Beneke 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 02/2024, Phyllis A Beneke Scholarship Fund generated $171.7k 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 (8.4%) each year. All expenses for the organization totaled $194.3k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Phyllis A Beneke Scholarship Fund has awarded 534 individual grants totaling $1,507,259. 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 | $0 |
| Interest on Savings | $4,646 |
| Dividends & Interest | $80,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $86,664 |
| Capital Gain Net Income | $86,664 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $171,726 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,452 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,058 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $699 |
| Total operating and administrative expenses | $30,775 |
| Contributions, gifts, grants paid | $163,500 |
| Total expenses and disbursements | $194,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $138,500 |
| Net Accounts receivable | $1,634 |
| 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 | $2,944,127 |
| 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, Phyllis A Beneke Scholarship Fund has awarded $163,500 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
KENT STATE UNIVERSITY PURPOSE: SCHOLARSHIP FOR ANDREW C | $1,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FOR MARY M | $3,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FOR ANTHONY C | $1,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FOR KOLBY J | $2,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FOR LAUREN E | $5,000 |
WEST VIRGINIA UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIP FOR JALEAH | $1,500 |