E Leo & Louise Spain Scholarship Foundation is located in Glens Falls, NY. The organization was established in 1975. 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. E Leo & Louise Spain 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 09/2023, E Leo & Louise Spain Scholarship Foundation generated $12.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $8.4k during the year ending 09/2023. While expenses have increased by 5.5% per year over the past 5 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Fowler President | 1 | $0 | |
Mark L Behan Sec./treas. | 1 | $0 | |
James Kane Trustee | 0.5 | $0 | |
Elizabeth Miller Trustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $294 |
| Dividends & Interest | $2,186 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,095 |
| Capital Gain Net Income | $10,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $308 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $171 |
| Total operating and administrative expenses | $2,838 |
| Contributions, gifts, grants paid | $5,600 |
| Total expenses and disbursements | $8,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,930 |
| 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 | $98,577 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $107,507 |
| 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 |
Over the last fiscal year, E Leo & Louise Spain Scholarship Foundation has awarded $5,600 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DOROTHY FRANCE-MILLER PURPOSE: COLLEGE EXPENSES | $1,000 |
JILLIAN MURRAY PURPOSE: COLLEGE EXPENSES | $1,000 |
JULIAN STEDMAN PURPOSE: COLLEGE EXPENSES | $1,000 |
KATHERINE LIEBERTH PURPOSE: COLLEGE EXPENSES | $650 |
LILLIAN GRACE MAHONEY PURPOSE: COLLEGE EXPENSES | $650 |
MADELINE ANDERSON PURPOSE: COLLEGE EXPENSES | $650 |