Arizona Waldorf Scholarship Foundation
- Assets
- $332.8k
- Revenue
- $420.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Tucson, AZ
- Founding
- 03/2002
- Data as of
- 12/2021
- EIN
- 86-0974848
Organization Overview
Arizona Waldorf Scholarship Foundation is located in Tucson, AZ. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Waldorf Scholarship Foundation 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, Arizona Waldorf Scholarship Foundation generated $420.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $474.1k during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Arizona Waldorf Scholarship Foundation has awarded 12 individual grants totaling $1,719,489. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARIZONA WALDORF SCHOLARSHIP FOUNDATION WAS INCORPORATED FOR THE SOLE PURPOSE OF IMPLEMENTING THE PRIVATE SCHOOL TUITION TAX CREDIT LAW PASSED AND SIGNED INTO LAW IN 1997 AS A.R.S. SECTION 43-1089. ARIZONA WALDORF SCHOLARSHIP FOUNDATION IS CERTIFIED BY THE ARIZONA DEPARTMENT OF REVENUE TO COLLECT INDIVIDUAL DONATIONS FOR PRIVATE SCHOOLS UNDER A.R.S. SECTION 43-1089 AND CORPORATE DONATIONS UNDER A.R.S SECTIONS 43-1183 (CORPORATE INCOME TAX TUITION CREDIT).
Describe the Organization's Program Activity:
Part 3 - Line 4a
$465,198 WAS AWARDED TO 8 SCHOOLS WHICH USED THE FUNDS FOR TUITION SCHOLARSHIPS FOR CHILDREN IN NEED ATTENDING THEIR SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amelia Jones President & Treasurer | OfficerTrustee | 1 | $0 |
Lisa Swanson Secretary | OfficerTrustee | 1 | $0 |
Simone Manuel Director | Trustee | 1 | $0 |
Seth Pepper Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $420,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,825 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $431,398 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,369 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $899 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,499 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64 |
| Advertising and promotion | $0 |
| Office expenses | $232 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $345 |
| Insurance | $2,077 |
| All other expenses | $57 |
| Total functional expenses | $474,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,505 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,287 |
| Net Land, buildings, and equipment | $604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $400 |
| Total assets | $332,796 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $432 |
| Total liabilities | $432 |
| Net assets without donor restrictions | $332,364 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $332,796 |
Grants Awarded
Over the last fiscal year, Arizona Waldorf Scholarship Foundation has awarded $422,953 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Tucson, AZ PURPOSE: SCHOLARSHIPS FOR SCHOOL TUITION. | $385,896 |
RUNNING RIVER SCHOOL INC PURPOSE: SCHOLARSHIPS FOR SCHOOL TUITION. | $21,655 |
Tucson, AZ PURPOSE: SCHOLARSHIPS FOR SCHOOL TUITION. | $8,772 |
Tucson, AZ PURPOSE: SCHOLARSHIPS FOR SCHOOL TUITION. | $6,630 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arizona Waldorf Scholarship Foundation has recieved totaling $234.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $234 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charter Fund Inc Broomfield, CO | $606,047,129 | $251,921,544 |
Anschutz Foundation Denver, CO | $0 | $131,519,142 |
The California Wellness Foundation Los Angeles, CA | $1,249,668,748 | $96,883,603 |
Community Finance Corporation Tucson, AZ | $0 | $59,653,037 |
The Ray And Tye Noorda Foundation Lindon, UT | $188,322,162 | $42,549,813 |
Colorado Trust Denver, CO | $0 | $33,250,092 |
Visa Foundation San Francisco, CA | $452,119,857 | $75,228,376 |
Pisces Foundation San Francisco, CA | $36,685,219 | $40,456,155 |
Bohemian Foundation Fort Collins, CO | $90,098,504 | $41,050,944 |
The Leonard And Sophie Davis Fund San Francisco, CA | $227,558,478 | $35,284,803 |
Ray And Dagmar Dolby Family Fund San Francisco, CA | $0 | $8,022,175 |
Kalmanovitz Charitable Foundation Mill Valley, CA | $9,993,294 | $9,957,898 |