Ida M Pope Memorial Scholarship Fund
- Assets
- $763.5k
- Revenue
- $37.2k
- Investments
- $753.8k
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/1938
- Data as of
- 06/2023
- EIN
- 99-6003339
Organization Overview
Ida M Pope Memorial Scholarship Fund is located in Honolulu, HI. The organization was established in 1938. 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. Ida M Pope Memorial 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 06/2023, Ida M Pope Memorial Scholarship Fund generated $37.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $61.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,788 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,391 |
| Capital Gain Net Income | $17,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,838 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,500 |
| Total operating and administrative expenses | $27,088 |
| Contributions, gifts, grants paid | $34,000 |
| Total expenses and disbursements | $61,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $642 |
| Savings and temporary cash investments | $9,136 |
| 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 | $753,762 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $763,540 |
| 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, Ida M Pope Memorial Scholarship Fund has awarded $27,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
CHAMINADE UNIVERSITY OF HONOLULU FB PURPOSE: SCHOLARSHIP | $1,000 |
CHAMINADE UNIVERSITY OF HONOLULU FB PURPOSE: SCHOLARSHIP | $1,000 |
CHAMINADE UNIVERSITY OF HONOLULU FB PURPOSE: SCHOLARSHIP | $1,000 |
CREIGHTON UNIVERSITY FBO RAMOS SOMM PURPOSE: SCHOLARSHIP | $1,000 |
HONOLULU COMMUNITY COLLEGE FBO CHON PURPOSE: SCHOLARSHIP | $1,000 |
DARTMOUTH COLLEGE FBO CAZARES KATHY PURPOSE: SCHOLARSHIP | $1,000 |