Christine Eder & Virgie Neizer Memorial Scholarship Fund

Organization Overview

Christine Eder & Virgie Neizer Memorial Scholarship Fund is located in Kendallville, IN. 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. Christine Eder & Virgie Neizer Memorial 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 12/2021, Christine Eder & Virgie Neizer Memorial Scholarship Fund generated $51.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $17.3k during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NA


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Board, Officers & Key Employees

Name (title)Compensation
J David Schermerhorn Trustee
Trustee
$2,058
Sandi Fortman Trustee
Trustee
$2,058

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3
Dividends & Interest $20,598
Net Rental Income$0
Net Gain on Sale of Assets $31,305
Capital Gain Net Income $31,305
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $51,906

Grants Awarded

Over the last fiscal year, Christine Eder & Virgie Neizer Memorial Scholarship Fund has awarded $6,000 in support to 6 organizations.

Grant RecipientAmount

GABRIELLE KUMFER

PURPOSE: COLLEGE SCHOLARSHIP

$1,000

LEAH STRONG

PURPOSE: COLLEGE SCHOLARSHIP

$1,000

HANNAH HENNING

PURPOSE: COLLEGE SCHOLARSHIP

$1,000

KARLEY ALLESHOUSE

PURPOSE: COLLEGE SCHOLARSHIP

$1,000

KENDYL GARTON

PURPOSE: COLLEGE SCHOLARSHIP

$1,000

HAILEY ALLESHOUSE

PURPOSE: COLLEGE SCHOLARSHIP

$1,000
View Grant Profile

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