Tsrhc Scholarship Fund

Organization Overview

Tsrhc Scholarship Fund, operating under the name Legacy Scholarship Program, is located in Dallas, TX. The organization was established in 1986. 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. Legacy Scholarship Program 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, Legacy Scholarship Program generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $390.5k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GRANTS EDUCATIONAL SCHOLARSHIPS TO FORMER PATIENTS OF TEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN ("TSRHC")

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP PROGRAM IS AVAILABLE TO FORMER PATIENTS OFTEXAS SCOTTISH RITE HOSPITAL FOR CHILDREN. SCHOLARSHIP AWARDS AREAVAILABLE FOR APPLICANTS ENROLLED IN A UNIVERSITY, JUNIOR COLLEGE,OR APPROVED TECHNICAL TRAINING PROGRAM. SEE SCHEDULE I, PART IVFOR A DESCRIPTION OF THE PROGRAM AND QUALIFICATIONS. SCHOLARSHIPASSISTANCE WAS PROVIDED TO 98 STUDENTS DURING THE YEAR ENDEDDECEMBER 31, 2021.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$81,302
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$81,302
Total Program Service Revenue$0
Investment income $282,717
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $829,691
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,193,710

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tsrhc Scholarship Fund has recieved totaling $10,000.

Awarding OrganizationAmount
Texas Scottish Rite Hospital For Children

Dallas, TX

PURPOSE: NURSING ENDOWMENT FUND

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,936,504
Earnings$960,286
Net Contributions$58,752
Other Expense$255,041
Ending Balance$8,700,501

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