James Buchanan Scholarship Fund Inc is located in Chicago, IL. 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. James Buchanan Scholarship Fund 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 12/2021, James Buchanan Scholarship Fund Inc generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.1%) each year. All expenses for the organization totaled $36.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FOR CHARITABLE PURPOSES, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND TO ENGAGE IN FUND-RAISING ACTIVITIES TO SUPPORT ANNUAL SCHOLARSHIPS TO ELIGIBLE CHILDREN OF MEMBERS OF THE PIPE FITTERS' ASSOCIATION LOCAL UNION 597, CHICAGO, ILLINOIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Russ Labarge Secretary | 0.5 | $0 | |
John Kuszynski Treasurer | 0.5 | $0 | |
Dennis Johnson Director | 0.5 | $0 | |
James Buchanan President | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,822 |
Gain or Loss | $15,682 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $18,504 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $64 |
Total expenses | $36,564 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,299 |
Other assets | $0 |
Total assets | $121,212 |
Total liabilities | $0 |
Net assets or fund balances | $121,212 |
Over the last fiscal year, we have identified 2 grants that James Buchanan Scholarship Fund Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
International Association Of Heat & Frost Insulators & Allied Workers Tinley Park, IL PURPOSE: CONTRIBUTION FOR SUPPORT | $10,000 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Rockford, IL PURPOSE: CHARITABLE DONATION | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |