Yosemite High School Scholarship Foundation

Organization Overview

Yosemite High School Scholarship Foundation is located in Oakhurst, CA. The organization was established in 1993. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Yosemite High School 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 09/2021, Yosemite High School Scholarship Foundation generated $82.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $62.8k during the year ending 09/2021. While expenses have increased by 2.7% per year over the past 6 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

GRANTING EDUCATIONAL SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE YOSEMITE HIGH SCHOOL SCHOLARSHIP FOUNDATION DISTRIBUTES CONTRIBUTIONS FROM A NUMBER OF LOCAL BUSINESSES AND ORGANIZATIONS. THESE ENTITIES SELECT THEIR OWN CANDIDATES ACCORDING TO THEIR OWN CRITERIA, SUCH AS FOLLOWING A VOCATIONAL COURSE OF STUDY, MEDICINE AND NURSING, OR ATTENDANCE AT A GIVEN UNIVERSITY OR COLLEGE. THE GROUP OR ORGANIZATION THEN CHOOSES THE AMOUNT OF EACH SCHOLARSHIP GIVEN. THE YOSEMITE HIGH SCHOOL SCHOLARSHIP FOUNDATION DEPOSITS THESE FUNDS INTO CHECKING/SAVINGS ACCOUNTS TO DRAW ON SUCH FUNDS FOR DISBURSEMENT. THESE DISBURSEMENTS ARE MADE DURING THE FALL AND SPRING SEMESTERS TO THE STUDENT-SCHOLARSHIP RECIPIENTS. THE ONLY REGULATORY FUNCTION OF THE FOUNDATION IS TO VERIFY THAT THE STUDENT-SCHOLARSHIP RECIPIENTS ARE ENROLLED IN AN ACCREDITED SCHOOL AND TAKING A MINIMUM NUMBER OF CLASS HOURS PER SEMESTER.DURING THE 2020-2021 FISCAL YEAR, SCHOLARSHIPS TOTALLING $55,875 WERE DISBURSED TO 47 STUDENT RECIPIENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert J Brosi
President
$0
Denise Brosi
Secretary
$0
Bernard Mcgoldrick
Director
$0
Laura Darling
Director
$0
Barry Bartlett
Director
$0
Ellen Peterson
Director
$0

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$64,232
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$64,232
Total Program Service Revenue$0
Investment income $17,956
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $82,188

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