Elroy Schoppa Foundation
- Assets
- $665.1k
- Revenue
- -$15.9k
- Investments
- $645.0k
- Employees
- 0
- Location
- Burleson, TX
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 95-4772136
Organization Overview
Elroy Schoppa Foundation is located in Burleson, TX. The organization was established in 2001. 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. Elroy Schoppa Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Elroy Schoppa Foundation has awarded 157 individual grants totaling $112,100. 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
EDUCATIONAL SCHOLARSHIPS FOR HIGH SCHOOL GRADUATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Mcclendon Secretary | 0 | $1,200 | |
Karen Schoppa Treasurer | 0 | $6,000 | |
Vickie S Matlock President | 0 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $206 |
| Dividends & Interest | $15,761 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,601 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,761 |
| Total Revenue | -$15,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,611 |
| Total operating and administrative expenses | $30,836 |
| Contributions, gifts, grants paid | $13,500 |
| Total expenses and disbursements | $44,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,075 |
| 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 | $5,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $644,999 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $665,074 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,958 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $1,960 |
Grants Awarded
Over the last fiscal year, Elroy Schoppa Foundation has awarded $13,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
KOLLIN BERGT TX TECH PURPOSE: EDUCATION | $1,000 |
COYE CONNER TX TECH UNIV PURPOSE: EDUCATION | $500 |
GILBERT WELDON- SOUTHWESTERN UNIVER PURPOSE: EDUCATION | $1,000 |
BROOKE MYERS TEXAS TECH UNIV PURPOSE: EDUCATION | $500 |
CAROLINE TAYLOR - WEST TEXAS AM PURPOSE: EDUCATION | $1,000 |
ZACHARY ROSALEY - DBU PURPOSE: EDUCATION | $500 |