Chambless Family Memorial Scholarship Fund
- Assets
- $258.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Bluff, AL
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-3314817
Organization Overview
Chambless Family Memorial Scholarship Fund is located in Cedar Bluff, AL. The organization was established in 2017. 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. Chambless Family 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION FORMED TO PROMOTE EDUCATION EMPLOYMENT AND ENDEAVORS WHO SEEK TO SERVE THEIR COMMUNITY AND FOR GENERAL CHARITABLE PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Chambless President | 1 | $0 | |
John R Chambless Jr Treasurer | 1 | $0 | |
Laura H Taylor Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $0 |
| 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 | $45 |
| Total operating and administrative expenses | $45 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $45 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258 |
| 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 | $258 |
| 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, Chambless Family Memorial Scholarship Fund has awarded $9,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ANTHONY CANARDELLA PURPOSE: GRANT FOR PLAYGROUND EQ IN NEEDY COMMUNITIES | $3,000 |
SALLIE NORSON PURPOSE: WORK WITH SYRIAN REFUGEES | $3,000 |
TYLER MITCHELL PURPOSE: WORK WITH AT RESK AFTERR SCHOOL CHILDREN | $3,000 |