Betty And Ken Isaac Scholarship Foundation Inc is located in Newton, NC. The organization was established in 1994. 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. Betty And Ken Isaac Scholarship Foundation Inc 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 12/2021, Betty And Ken Isaac Scholarship Foundation Inc generated $18.6k 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 (16.9%) each year. All expenses for the organization totaled $95.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Betty And Ken Isaac Scholarship Foundation Inc has awarded 152 individual grants totaling $964,720. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Mcree Director | 0 | $0 | |
Robert A Mullinex Jr Director | 0 | $0 | |
Betty D Isaac President | 0 | $0 | |
Julie D Carroll Vice Presidentsecretary | 0 | $0 | |
Billy M Price Jr Director | 0 | $0 | |
Glenn Barger Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $773 |
Dividends & Interest | $20,161 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$2,364 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $18,570 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $32 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $190 |
Total operating and administrative expenses | $1,547 |
Contributions, gifts, grants paid | $94,120 |
Total expenses and disbursements | $95,667 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $83,472 |
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 | $901,269 |
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, Betty And Ken Isaac Scholarship Foundation Inc has awarded $201,620 in support to 37 organizations.
Grant Recipient | Amount |
---|---|
DREW HAMBY PURPOSE: UNC-CH | $15,000 |
WHITNEY STEWART PURPOSE: GWU | $15,000 |
KELSIE LAIL PURPOSE: LRU | $15,000 |
MACIE KORN PURPOSE: UNCC | $10,000 |
ELLEN WILLIAMS PURPOSE: UNC-CH | $10,000 |
MICHELLE LOMINAC PURPOSE: GWU | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |