W W Mebane Scholarships
- Assets
- $577.0k
- Revenue
- $25.9k
- Investments
- $367.2k
- Employees
- 0
- Location
- Huntingdon, TN
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 62-6381972
Organization Overview
W W Mebane Scholarships is located in Huntingdon, TN. The organization was established in 2002. 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. W W Mebane Scholarships 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 12/2022, W W Mebane Scholarships generated $25.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W W Mebane Scholarships has awarded 78 individual grants totaling $167,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS TO LOCAL STUDENTS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,287 |
| Dividends & Interest | $8,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,847 |
| Capital Gain Net Income | $13,190 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,511 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,089 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,035 |
| Contributions, gifts, grants paid | $21,250 |
| Total expenses and disbursements | $28,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $209,768 |
| 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 | $577,013 |
| 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, W W Mebane Scholarships has awarded $21,250 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
GARRETT GRAVES PURPOSE: SCHOLARSHIP | $1,250 |
KAITLYN FRENCH PURPOSE: SCHOLARSHIP | $1,250 |
ANN-KATE WALSH PURPOSE: SCHOLARSHIP | $2,500 |
CARTER GRAVES PURPOSE: SCHOLARSHIP | $1,250 |
JACKSON CROCKER PURPOSE: SCHOLARSHIP | $1,250 |
MAYCEE CARY PURPOSE: SCHOLARSHIP | $1,250 |