Frances Grimm Memorial Scholarship Fund Uta 4-29-1992
- Assets
- $118.9k
- Revenue
- $3.7k
- Investments
- $85.1k
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 81-6212379
Organization Overview
Frances Grimm Memorial Scholarship Fund Uta 4-29-1992 is located in Waterloo, IA. 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. Frances Grimm Memorial Scholarship Fund Uta 4-29-1992 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, Frances Grimm Memorial Scholarship Fund Uta 4-29-1992 generated $3.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $4.7k 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
EDUCATIONAL SCHOLARSHIPS AWARDED TO EIGHT INDIVIDUALS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $549 |
| Capital Gain Net Income | $549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,745 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,263 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $39 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,702 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $4,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,215 |
| 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 | $31,562 |
| Total assets | $118,878 |
| 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, Frances Grimm Memorial Scholarship Fund Uta 4-29-1992 has awarded $3,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKE PETERSON PURPOSE: SCHOLARSHIP TO PAY FOR EDUCATION AT IOWA STATE UNIVERSITY | $300 |
PAUL BROCKETT PURPOSE: SCHOLARSHIP TO PAY FOR EDUCATION AT IOWA STATE UNIVERSITY. | $1,000 |
DRAKE BLAKESLEY PURPOSE: SCHOLARSHIP TO PAY FOR EDUCATION AT IOWA STATE UNIVERSITY. | $100 |
KATHRYN CLARK PURPOSE: SCHOLARSHIP TO PAY FOR EDUCATION AT NORTHERN IOWA | $800 |
BRANDON STROHBEHN PURPOSE: SCHOLARSHIP TO PAY FOR EDUCATION AT IOWA STATE UNIVERSITY. | $300 |
MAHAYLA OLSON PURPOSE: SCHOLARSHIP TO PAY FOR EDUCATION AT IOWA STATE UNIVERSITY. | $300 |