Sinclair Broadcast Diversity Scholarship Fund
- Assets
- $369.5k
- Revenue
- $10.3k
- Investments
- $369.5k
- Employees
- 0
- Location
- Cockeysville, MD
- Founding
- 05/1991
- Data as of
- 12/2021
- 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 12/2021, Sinclair Broadcast Diversity Scholarship Fund generated $10.3k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $27.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED SCHOLARSHIPS TO SEVEN COLLEGE STUDENTS FROM UNDERREPRESENTED MINORITY GROUPS WHO ARE INTERESTED IN BROADCASTING JOURNALISM AND MARKETING 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 | |
Jamie Dembeck Trustee | 0 | $0 | |
I Scott Livingston Trustee | 0 | $0 | |
Ethan Haire Trustee Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,790 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,527 |
| 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 | $0 |
| Total Revenue | $10,317 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $95 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,900 |
| Total operating and administrative expenses | $3,995 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $26,995 |
| 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 | $369,459 |
| 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 $23,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
IMANNI WRIGHT PURPOSE: SCHOLARSHIP | $5,000 |
JULIAN MONTES-PEARSON PURPOSE: SCHOLARSHIP | $5,000 |
MALLORY HARTMAN PURPOSE: SCHOLARSHIP | $3,000 |
SANDRA SANTOS-CRUZ PURPOSE: SCHOLARSHIP | $2,500 |
JOY ROWDEN PURPOSE: SCHOLARSHIP | $2,500 |
ISAIAH MERCADO-ACOSTA PURPOSE: SCHOLARSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roy A Hunt Foundation Pittsburgh, PA | $0 | $8,030,266 |
Baltimore Sports Tourism Development Council Inc Baltimore, MD | $1,882,664 | $3,644,109 |
Pennsylvania National Horse Show Foundation Harrisburg, PA | $536,390 | $3,371,373 |
Swanee Hunt Family Foundation Washington, DC | $7,124,229 | $690,524 |
Gramma Fisher Foundation Easton, MD | $26,054,543 | $4,343,834 |
Reamstown Athletic Association Reamstown, PA | $734,775 | $1,303,779 |
Camp Foundation Franklin, VA | $18,333,166 | $1,889,654 |
Paul D Camp Community College Foundation Franklin, VA | $2,592,283 | $1,339,623 |
Rva Sports Foundation Inc Richmond, VA | $1,516,415 | $456,889 |
T2 Foundation Scranton, PA | $11,277 | $363,546 |
Mfha Foundation Middleburg, VA | $4,849,648 | $245,852 |
Woodrow Wilson High School Crew Booster Club Inc Washington, DC | $358,204 | $288,751 |