Dennis Henneke Memorial Scholarship Fund
- Assets
- $679.3k
- Revenue
- $209.3k
- Investments
- $107.9k
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 09/2016
- Data as of
- 12/2022
- EIN
- 81-2896943
Organization Overview
Dennis Henneke Memorial Scholarship Fund is located in Corpus Christi, TX. 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. Dennis Henneke Memorial 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 12/2022, Dennis Henneke Memorial Scholarship Fund generated $209.3k 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 (10.9%) each year. All expenses for the organization totaled $107.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISES MONEY TO GRANT SCHOLARSHIPS TO COLLEGE STUDENTS, ASSISTING 13 COLLEGE STUDENTS DURING THE CURRENT YEAR AND OVER 30 STUDENTS OVER THE LIFE OF THE ENTITY WITH SOME STUDENTS RECEIVING SCHOLARSHIPS OVER MULTIPLE YEARS.
THE FOUNDATION DISTRIBUTES GRANTS TO ASSIST WITH COMMUNITY OUTREACH, SPECIFICALLY SHOOL SHOOTING VICTIMS AND FAMILIES AND WHEELCHAIR BASKETBALL PLAYERS THIS PARTICULAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gene Henneke Chairman | 2 | $0 | |
Molly Gillespie Treasurer | 1 | $0 | |
Audrey Hagemann Co-Treasurer | 1 | $0 | |
Greg Padilla Public Relations | 1 | $0 | |
Jason Gillespie Vp/event Planning Chair | 1 | $0 | |
Brian Hagemann Event Planning Co-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,377 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,479 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,473 |
| Capital Gain Net Income | $55,473 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $137,942 |
| Total Revenue | $209,271 |
| 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 | $71,891 |
| Total operating and administrative expenses | $71,891 |
| Contributions, gifts, grants paid | $35,975 |
| Total expenses and disbursements | $107,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,937 |
| Savings and temporary cash investments | $526,505 |
| 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 | $679,346 |
| 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, Dennis Henneke Memorial Scholarship Fund has awarded $90,350 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
JACOB GONZALEZ PURPOSE: SCHOLARSHIP | $1,000 |
RACHEL MCMURRAY PURPOSE: SCHOLARSHIP | $3,000 |
NICOLE REYES PURPOSE: SCHOLARSHIP | $3,000 |
JOSHUA HALE PURPOSE: SCHOLARSHIP | $4,000 |
JULUISSA ELIAS PURPOSE: SCHOLARSHIP | $1,500 |
BREYDEN BOEHMER PURPOSE: SCHOLARSHIP | $4,000 |