Shewmaker Family Scholarship Trust
- Assets
- $86.9k
- Revenue
- $2.1k
- Investments
- $84.4k
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 11/1985
- Data as of
- 10/2023
- EIN
- 71-6121895
Organization Overview
Shewmaker Family Scholarship Trust is located in Bentonville, AR. The organization was established in 1985. 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. Shewmaker Family Scholarship Trust 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 10/2023, Shewmaker Family Scholarship Trust generated $2.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $5.4k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$46 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,400 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $5,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,588 |
| 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 | $86,946 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $638 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $638 |
Grants Awarded
Over the last fiscal year, Shewmaker Family Scholarship Trust has awarded $4,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EMILY RICE - SOUTHWEST BAPTIST UNIV PURPOSE: EDUCATIONAL/SCHOLARSHIP | $500 |
ISABELLA YOUNG - MISSOURI STATE UNI PURPOSE: EDUCATIONAL/SCHOLARSHIP | $1,000 |
MADELINE JACOBS - MISSOURI STATE UN PURPOSE: EDUCATIONAL/SCHOLARSHIP | $500 |
TYLER CRANE - MISSOURI STATE UNIVER PURPOSE: EDUCATIONAL/SCHOLARSHIP | $1,000 |
SADIE ABERCROMBIE - OZARK TECHNICAL PURPOSE: EDUCATIONAL/SCHOLARSHIP | $1,000 |