Catherine Marie Elvins And Naomi Libby Elvins Scholarships Tr
- Assets
- $2.8m
- Revenue
- $126.2k
- Investments
- $2.2m
- Employees
- 0
- Location
- Langley, WA
- Founding
- 09/1999
- Data as of
- 12/2023
- EIN
- 91-6470080
Organization Overview
Catherine Marie Elvins And Naomi Libby Elvins Scholarships Tr is located in Langley, WA. The organization was established in 1999. 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. Catherine Marie Elvins And Naomi Libby Elvins Scholarships Tr 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 12/2023, Catherine Marie Elvins And Naomi Libby Elvins Scholarships Tr generated $126.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $277.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Catherine Marie Elvins And Naomi Libby Elvins Scholarships Tr has awarded 338 individual grants totaling $2,360,442. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTING OF SCHOLARSHIPS FOR MEDICAL SCHOOL TUITION PER THE REQUIREMENTS OF THE WILL ESTABLISHING THE FOUNDATION. ALL SCHOLARSHIPS ARE AWARDED TO U.W. MEDICAL SCHOOL STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Crowder President | 0.06 | $0 | |
Jacqueline Riddell Vice President | 0.04 | $0 | |
Lynne Stallcop Vice President | 0.04 | $0 | |
Dana Langworthy Secretary | 0.04 | $0 | |
Christina Mcelroy Secretary | 0.04 | $0 | |
Mary Anne Bryan Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $61 |
| Dividends & Interest | $55,042 |
| Net Rental Income | $65,988 |
| Net Gain on Sale of Assets | -$15,089 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $126,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,577 |
| Total operating and administrative expenses | $47,465 |
| Contributions, gifts, grants paid | $229,500 |
| Total expenses and disbursements | $276,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,056 |
| Savings and temporary cash investments | $50,867 |
| 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 | $388 |
| Net Investments - land, buildings, equipment | $585,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $30 |
| Total assets | $2,839,124 |
| 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, Catherine Marie Elvins And Naomi Libby Elvins Scholarships Tr has awarded $229,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BRIANNA COWIN PURPOSE: MEDICAL SCHOOL SCHOLARSHIP | $9,000 |
MANYA PURI PURPOSE: MEDICAL SCHOOL SCHOLARSHIP | $9,000 |
BROOKE BARTON PURPOSE: MEDICAL SCHOOL SCHOLARSHIP | $13,500 |
ERIN R DWYER PURPOSE: MEDICAL SCHOOL SCHOLARSHIP | $9,000 |
ARIELLE HOWELL PURPOSE: MEDICAL SCHOOL SCHOLARSHIP | $13,500 |
ERICA CRITTENDON PURPOSE: MEDICAL SCHOOL SCHOLARSHIP | $13,500 |