Stephen W Keeter Scholarship Tr
- Assets
- $586.8k
- Revenue
- $30.5k
- Investments
- $539.4k
- Employees
- 0
- Location
- Marion, NC
- Founding
- 03/2004
- Data as of
- 12/2023
- EIN
- 56-6589844
Organization Overview
Stephen W Keeter Scholarship Tr is located in Marion, NC. The organization was established in 2004. 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. Stephen W Keeter Scholarship Tr 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 12/2023, Stephen W Keeter Scholarship Tr generated $30.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $42.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stephen W Keeter Scholarship Tr has awarded 29 individual grants totaling $271,972. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS PAID AND ADMINISTRATIVE EXPENSE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,695 |
| Dividends & Interest | $22,824 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $774 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,107 |
| Contributions, gifts, grants paid | $41,327 |
| Total expenses and disbursements | $42,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,368 |
| 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 | $586,809 |
| 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, Stephen W Keeter Scholarship Tr has awarded $41,327 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
IAN BAKER PURPOSE: SCHOLARSHIP | $6,000 |
ZACHARY WHITSON PURPOSE: SCHOLARSHIP | $2,500 |
OLIVIA BELL PURPOSE: SCHOLARSHIP | $2,000 |
DALTON BROOKS PURPOSE: SCHOLARSHIP | $5,827 |
CONNER VESS PURPOSE: SCHOLARSHIP | $8,000 |
DANIEL GARNER PURPOSE: SCHOLARSHIP | $15,000 |