William Searls Scholarship Foundation

Organization Overview

William Searls Scholarship Foundation is located in Damariscotta, ME. The organization was established in 1954. 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. William Searls Scholarship Foundation 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 12/2022, William Searls Scholarship Foundation generated $27.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $22.6k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 6 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $7,452
Net Rental Income$0
Net Gain on Sale of Assets $19,617
Capital Gain Net Income $8,614
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $27,069

Grants Awarded

Over the last fiscal year, William Searls Scholarship Foundation has awarded $15,900 in support to 12 organizations.

Grant RecipientAmount

UNIVERSITY OF MAINE ORONO

PURPOSE: SCHOLARSHIP

$4,800

BERKLEE COLLEGE OF MUSIC

PURPOSE: SCHOLARSHIP

$1,200

HUSSON UNIVERSITY

Org PageRecipient Profile

Bangor, ME

PURPOSE: SCHOLARSHIP

$1,200

CEDARVILLE UNIVERSITY

Org PageRecipient Profile

Cedarville, OH

PURPOSE: SCHOLARSHIP

$1,200

EASTERN MAINE COMMUNITY COLLEGE

Org PageRecipient Profile

Bangor, ME

PURPOSE: SCHOLARSHIP

$1,200

ROCHESTER INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Rochester, NY

PURPOSE: SCHOLARSHIP

$1,200
View Grant Profile

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