Sinclair Broadcast Diversity Scholarship Fund
- Assets
- $328.2k
- Revenue
- $13.0k
- Investments
- $328.2k
- Employees
- 0
- Location
- Cockeysville, MD
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 91-1500276
Organization Overview
Sinclair Broadcast Diversity Scholarship Fund is located in Cockeysville, MD. The organization was established in 1991. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sinclair Broadcast Diversity 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 12/2022, Sinclair Broadcast Diversity Scholarship Fund generated $13.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $54.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sinclair Broadcast Diversity Scholarship Fund has awarded 34 individual grants totaling $108,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED SCHOLARSHIPS TO SEVENTEEN COLLEGE STUDENTS FROM UNDERREPRESENTED MINORITY GROUPS WHO ARE INTERESTED IN BROADCASTING JOURNALISM AND MARKET ING AND WHO NEED FINANCIAL ASSISTANCE TO COMPLETE THEIR EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucy Rutishauser Trustee Chairman | 0 | $0 | |
Ethan Haire Trustee Secretary | 0 | $0 | |
I Scott Livingston Trustee | 0 | $0 | |
Jamie Dembeck Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,042 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,408 |
| 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 | $1,500 |
| Total Revenue | $12,950 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $62 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,134 |
| Total operating and administrative expenses | $4,196 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $54,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $328,213 |
| 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, Sinclair Broadcast Diversity Scholarship Fund has awarded $50,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
EVAN WYNO PURPOSE: SCHOLARSHIP | $5,000 |
KAIRA LOW PURPOSE: SCHOLARSHIP | $5,000 |
NAOMI VANDERLIP PURPOSE: SCHOLARSHIP | $5,000 |
LAURYN CARLTON PURPOSE: SCHOLARSHIP | $3,500 |
ZOE DEL ROSARIO PURPOSE: SCHOLARSHIP | $3,500 |
MELVIN PERRY JR PURPOSE: SCHOLARSHIP | $3,500 |