Fredk Scholarship Fund

Organization Overview

Fredk Scholarship Fund is located in Pierson, MI. The organization was established in 2019. 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. Fredk 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 12/2021, Fredk Scholarship Fund generated $165.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $974.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Fredk Scholarship Fund has awarded 12 individual grants totaling $2,843,684. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO TWO COLLEGES FOR THEIR SCHOLARSHIPS


DONATIONS TO TWO COLLEGES FOR THEIR SCHOLARSHIPS


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Vice Preside
$0
Name Not Listed
Treasurer
$0
Name Not Listed
Secretary
$0
Name Not Listed
Vice Preside
$0
Name Not Listed
Treasurer
$0
Name Not Listed
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $899,960
Interest on Savings $0
Dividends & Interest $33,451
Net Rental Income$0
Net Gain on Sale of Assets $131,557
Capital Gain Net Income $53,026
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $165,008

Grants Awarded

Over the last fiscal year, Fredk Scholarship Fund has awarded $2,803,684 in support to 10 organizations.

Grant RecipientAmount

ALBION COLLEGE

PURPOSE: SCHOLARSHIPS

$50,000

ALBION COLLEGE

PURPOSE: CHARITABLE GIFT

$885,911

UNIVERSITY OF MICHIGAN

PURPOSE: SCHOLARSHIPS

$30,000

GRAND RAPIDS COMMUNITY FOUNDATION

PURPOSE: CHARITABLE GIFT

$442,955

FOREST HILLS PUBLIC SCHOOLS FDTN

PURPOSE: CHARITABLE GIFT

$442,956

ALBION COLLEGE

PURPOSE: SCHOLARSHIPS

$50,000
View Grant Profile

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