Van And Joanna Christy Scholarship Fund
- Assets
- $1.3m
- Revenue
- $133.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 09/1996
- Data as of
- 08/2022
- EIN
- 02-0484968
Organization Overview
Van And Joanna Christy Scholarship Fund is located in Johnston, RI. The organization was established in 1996. 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. Van And Joanna Christy 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 08/2022, Van And Joanna Christy Scholarship Fund generated $133.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $132.1k during the year ending 08/2022. While expenses have increased by 6.8% per year over the past 4 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 2019, Van And Joanna Christy Scholarship Fund has awarded 36 individual grants totaling $240,005. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,370 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,774 |
| Capital Gain Net Income | $102,774 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $133,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,198 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $30,632 |
| Contributions, gifts, grants paid | $101,483 |
| Total expenses and disbursements | $132,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,898 |
| 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 | $1,267,743 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,282,641 |
| 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, Van And Joanna Christy Scholarship Fund has awarded $101,483 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $16,000 |
UNIVERSITY OF VIRGINIA SCHOOL OF PURPOSE: SCHOLARSHIP | $14,000 |
UNIVERSITY OF MASSACHUSETTS LOWELL PURPOSE: SCHOLARSHIP | $13,303 |
TUFTS UNIVERSITY PURPOSE: SCHOLARSHIP | $12,000 |
Durham, NH PURPOSE: SCHOLARSHIP | $10,000 |
MASSACHUSETTS COLLEGE OF PHARMACY & PURPOSE: SCHOLARSHIP | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |
Thrive Scholars Boston, MA | $14,006,320 | $13,719,971 |
Boston Latin School Association Boston, MA | $71,373,277 | -$8,021,699 |
Feigenbaum Foundation Inc Pittsfield, MA | $77,550,637 | $8,621,230 |