T W Wyly Scholarship Fund
- Assets
- $1.5m
- Revenue
- $89.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 04/1977
- Data as of
- 07/2024
- EIN
- 57-0640726
Organization Overview
T W Wyly Scholarship Fund is located in Saint Louis, MO. The organization was established in 1977. 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. T W Wyly 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 07/2024, T W Wyly Scholarship Fund generated $89.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $112.6k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, T W Wyly Scholarship Fund has awarded 53 individual grants totaling $311,500. 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 | $0 |
| Dividends & Interest | $50,057 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,439 |
| Capital Gain Net Income | $39,439 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $415 |
| Total Revenue | $89,911 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,576 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $457 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,553 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $112,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,162 |
| 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 | $1,462,623 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,516,785 |
| 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, T W Wyly Scholarship Fund has awarded $80,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CLEMSON UNIV FBO GARY AMADOR PURPOSE: SCHOLARSHIP | $6,000 |
CLEMSON UNIV FBO JESSE BEATRIZ PURPOSE: SCHOLARSHIP | $6,000 |
CLEMSON UNIV FBO ELLENOR BURRELL PURPOSE: SCHOLARSHIP | $6,000 |
CLEMSON UNIV FBO ELLIOT GRAY PURPOSE: SCHOLARSHIP | $6,000 |
CLEMSON UNIV FBO MADALYNN LONG PURPOSE: SCHOLARSHIP | $6,000 |
CLEMSON UNIV FBO CLAIRE MATTOX PURPOSE: SCHOLARSHIP | $5,000 |