Poncin Scholarship Fund
- Assets
- $6.9m
- Revenue
- $204.3k
- Investments
- $6.6m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1970
- Data as of
- 12/2023
- EIN
- 91-6069573
Organization Overview
Poncin Scholarship Fund is located in Dallas, TX. The organization was established in 1970. 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.
For the year ending 12/2023, Poncin Scholarship Fund generated $204.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $520.1k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 8 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 2016, Poncin Scholarship Fund has awarded 183 individual grants totaling $2,811,651. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $77,880 | |
Research Faculty Univ Of Washington Grant Advisors | 1 | $0 | |
Research Faculty Washington State U Grant Advisors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $183,419 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,864 |
| Capital Gain Net Income | $20,864 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $204,283 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $77,880 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,997 |
| Total operating and administrative expenses | $94,921 |
| Contributions, gifts, grants paid | $425,194 |
| Total expenses and disbursements | $520,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $242,598 |
| 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 | $6,871,272 |
| 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, Poncin Scholarship Fund has awarded $425,194 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
SEAN THOMPSON CO WSU COLLEGE PURPOSE: MEDICAL RESEARCH | $17,129 |
JACOB ANTONY CO WSU COLLEGE PURPOSE: MEDICAL RESEARCH | $15,689 |
ALLEN ROBERTS CO UNIVERSITY PURPOSE: MEDICAL RESEARCH | $17,129 |
THOMAS PULLIAM CO UNIVERSITY PURPOSE: MEDICAL RESEARCH | $17,129 |
RYAN CARLSON CO UNIVERSITY PURPOSE: MEDICAL RESEARCH | $17,129 |
KYRAH TURNER CO WSU COLLEGE PURPOSE: MEDICAL RESEARCH | $17,129 |