Scott And Hoffnagle Scholarship Fund
- Assets
- $50.9k
- Revenue
- $51.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Leola, PA
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 81-0810610
Organization Overview
Scott And Hoffnagle Scholarship Fund is located in Leola, PA. The organization was established in 2016. 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. Scott And Hoffnagle 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 12/2023, Scott And Hoffnagle Scholarship Fund generated $51.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $54.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Scott And Hoffnagle Scholarship Fund has awarded 20 individual grants totaling $134,000. 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 |
|---|---|---|---|
David M Woratyla President | 0 | $0 | |
Jeffrey L Fromm Vp/secretary | 0 | $0 | |
Charmaine F Zercher Treasurer | 0 | $0 | |
Joy L Scott Director | 0 | $0 | |
Timothy Kershner Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,372 |
| Interest on Savings | $11 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46,248 |
| Total Revenue | $51,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,893 |
| Total operating and administrative expenses | $16,683 |
| Contributions, gifts, grants paid | $37,500 |
| Total expenses and disbursements | $54,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,930 |
| Savings and temporary cash investments | $0 |
| 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 | $50,930 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scott And Hoffnagle Scholarship Fund has awarded $37,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF PENNSYLVANIA PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS STUDYING THE TRADES | $2,500 |
UNIVERSITY OF DELAWARE PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS STUDYING THE TRADES | $10,000 |
BUCKNELL UNIVERSITY PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS STUDYING THE TRADES | $7,500 |
PENN STATE UNVIVERSITY PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS STUDYING THE TRADES | $12,500 |
PITTSBURGH INSTITUTE OF AERONAUTICS PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS STUDYING THE TRADES | $5,000 |