Nina Haven Scholarships Inc is located in Stuart, FL. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nina Haven Scholarships Inc 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 12/2023, Nina Haven Scholarships Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $417.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nina Haven Scholarships Inc has awarded 107 individual grants totaling $1,197,335. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SCHOLARSHIP PAYMENTS TO UNIVERSITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Weber President | 10 | $0 | |
Lawrence E Crary III Vice Pres/secy | 1 | $0 | |
Nicholas Brown Treasurer | 5 | $0 | |
Pamela Fogt Board Member | 1 | $0 | |
Tiffany Parrish Board Member | 0.16 | $0 | |
Kenneth Tatje Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $85,818 |
| Interest on Savings | $22,404 |
| Dividends & Interest | $167,868 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $799,068 |
| Capital Gain Net Income | $799,068 |
| Net ST Capital Gain | $0 |
| Income Modifications | $5,486 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,075,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,650 |
| Depreciation | $0 |
| Occupancy | $5,488 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,031 |
| Total operating and administrative expenses | $138,630 |
| Contributions, gifts, grants paid | $278,500 |
| Total expenses and disbursements | $417,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,928 |
| 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 | $221,141 |
| Total assets | $4,524,624 |
| Accounts payable and accrued expenses | $2,000 |
| 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 | $2,000 |
Over the last fiscal year, Nina Haven Scholarships Inc has awarded $278,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
PALM BEACH ATLANTIC UNIVERSITY PURPOSE: EDUCATION | $3,500 |
STANFORD UNIVERSITY PURPOSE: EDUCATION | $5,000 |
THE UNIVERSITY OF ALABAMA PURPOSE: EDUCATION | $3,500 |
THE UNIVERSITY OF RICHMOND PURPOSE: EDUCATION | $5,000 |
UNIVERSITY OF CENTRAL FLORIDA PURPOSE: EDUCATION | $21,000 |
UNIVERSITY OF FLORIDA PURPOSE: EDUCATION | $96,500 |