Oscar N Edge Scholarship Foundation
- Assets
- $1.5m
- Revenue
- $37.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Troy, AL
- Founding
- 05/1983
- Data as of
- 05/2023
- EIN
- 63-0835559
Organization Overview
Oscar N Edge Scholarship Foundation is located in Troy, AL. The organization was established in 1983. 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. Oscar N Edge Scholarship Foundation 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 05/2023, Oscar N Edge Scholarship Foundation generated $37.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $25.7k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Oscar N Edge Scholarship Foundation has awarded 70 individual grants totaling $529,197. 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
INTEREST FREE STUDENT LOANS FOR POST SECONDARY EDUCATION TO HIGH SCHOOL STUDENTS IN PIKE COUNTY, ALABAMA. THE NUMBER OF STUDENTS VARIES EACH YEAR ACCORDING TO APPLICANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judge Michael T Bunn President | 0 | $0 | |
Cynthia Thomas Vice-Preside | 0 | $0 | |
Dr Mark Bazzell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,402 |
| Interest on Savings | $5,432 |
| Dividends & Interest | $0 |
| 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 | $21 |
| Total Revenue | $37,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $8,354 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $577 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,555 |
| Total operating and administrative expenses | $25,668 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $25,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,077 |
| Savings and temporary cash investments | $679,390 |
| 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 | $836,330 |
| 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 | $1,518,797 |
| Accounts payable and accrued expenses | $37,733 |
| 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 | $37,733 |
Grants Awarded
Over the last fiscal year, Oscar N Edge Scholarship Foundation has awarded $84,305 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HANNAH GRACE HUNER PURPOSE: STUDENT LOAN | $16,371 |
BRADY OWEN HUNER PURPOSE: STUDENT LOAN | $3,428 |
EMILY PAIGE STEVENS PURPOSE: STUDENT LOAN | $16,717 |
ANTHONY DOUGLAS CARTER II PURPOSE: STUDENT LOAN | $1,000 |
MARY-KAYE MILLS PURPOSE: STUDENT LOAN | $11,517 |
KAYLEE JEWEL FERRARO PURPOSE: STUDENT LOAN | $896 |