Scott Foundation Inc
- Assets
- $0.0
- Revenue
- $1.4m
- Investments
- $15.9m
- Employees
- 0
- Location
- Monroe, LA
- Founding
- 01/1964
- Data as of
- 07/2022
- EIN
- 72-6027563
Organization Overview
Scott Foundation Inc is located in Monroe, LA. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scott Foundation Inc 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 07/2022, Scott Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $912.8k during the year ending 07/2022. While expenses have increased by 1.8% 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.
Since 2020, Scott Foundation Inc has awarded 1,278 individual grants totaling $2,951,088. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty S Cummins Chairperson | 4 | $0 | |
Carrick R Inabnett Trustee | 2 | $0 | |
Cheryl Metzger Trustee | 2 | $0 | |
Evelyn Johnson Trustee | 2 | $0 | |
George J Bershen Sec-Treas | 4 | $0 | |
Hugh Mcdonald Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $391,160 |
| Interest on Savings | $143 |
| Dividends & Interest | $379,685 |
| Profit on Inventory Sales | $0 |
| Other Income | -$106,444 |
| Total Revenue | $1,449,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $175,692 |
| Contributions, gifts, grants paid | $737,089 |
| Total expenses and disbursements | $912,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scott Foundation Inc has awarded $812,662 in support to 323 organizations.
| Grant Recipient | Amount |
|---|---|
1900 CLUB PURPOSE: CHARITABLE | $10,000 |
ABRAHAM'S TENT PURPOSE: CHARITABLE | $2,000 |
ACADIA PARISH PURPOSE: EDUCATION | $500 |
ADDI'S FAITH FOUNDATION PURPOSE: MEDICAL | $500 |
AL CHYMIA SHRINERS PURPOSE: MEDICAL | $500 |
ALL 4S RESCUE LEAGUE PURPOSE: CHARITABLE | $500 |