Sterzing Memorial Scholarship Fund
- Assets
- $834.1k
- Revenue
- $66.1k
- Investments
- $766.4k
- Employees
- 0
- Location
- Burlington, IA
- Founding
- 06/2004
- Data as of
- 06/2022
- EIN
- 02-6142736
Organization Overview
Sterzing Memorial Scholarship Fund is located in Burlington, IA. The organization was established in 2004. 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. Sterzing 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 06/2022, Sterzing Memorial Scholarship Fund generated $66.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $49.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sterzing Memorial Scholarship Fund has awarded 32 individual grants totaling $248,909. 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 | $269 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,106 |
| Capital Gain Net Income | $46,106 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,688 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $556 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $11,104 |
| Contributions, gifts, grants paid | $38,091 |
| Total expenses and disbursements | $49,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,727 |
| 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 | $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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $834,139 |
| 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, Sterzing Memorial Scholarship Fund has awarded $38,091 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HANNAH HENTZEL PURPOSE: SCHOLARSHIP | $10,580 |
SHELBI NASH PURPOSE: SCHOLARSHIP | $9,640 |
MORGAN TODD PURPOSE: SCHOLARSHIP | $6,139 |
KAYLA NORTON PURPOSE: SCHOLARSHIP | $6,024 |
MACKENZIE BLYTHE PURPOSE: SCHOLARSHIP | $5,708 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |