Nannette And Walter A Ramsey Scholarship
- Assets
- $2.6m
- Revenue
- $121.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Shelbyville, IL
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 83-3345333
Organization Overview
Nannette And Walter A Ramsey Scholarship is located in Shelbyville, IL. 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. Nannette And Walter A Ramsey Scholarship 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, Nannette And Walter A Ramsey Scholarship generated $121.5k in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SCHOLARSHIPS TO LOCAL SHELBY COUNTY, ILLINOIS INDIVIDUALS
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $651 |
| Interest on Savings | $1,204 |
| Dividends & Interest | $73,114 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,511 |
| Net ST Capital Gain | $1,511 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46,551 |
| Total Revenue | $121,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,367 |
| Depreciation | $761 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,075 |
| Total operating and administrative expenses | $27,099 |
| Contributions, gifts, grants paid | $82,000 |
| Total expenses and disbursements | $109,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $81,734 |
| 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 | $10,274 |
| Investments—mortgage loans | $0 |
| Investments—other | $930,024 |
| Net Land, buildings, and equipment | $528,000 |
| Other assets | $34 |
| Total assets | $2,551,757 |
| 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, Nannette And Walter A Ramsey Scholarship has awarded $82,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ADILYN R MCCRAY PURPOSE: SCHOLARSHIP | $7,000 |
HANNAH J HAYES PURPOSE: SCHOLARSHIP | $7,000 |
CHRISTINA M MYERS PURPOSE: SCHOLARSHIP | $7,000 |
HALLIE P HORSMAN PURPOSE: SCHOLARSHIP | $7,000 |
CIERA K PERRY PURPOSE: SCHOLARSHIP | $7,000 |
DEAN S KAUFMAN PURPOSE: SCHOLARSHIP | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |