Scott S Krueger Memorial Foundation Inc is located in Orchard Park, NY. The organization was established in 2002. 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. Scott S Krueger Memorial Foundation 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, Scott S Krueger Memorial Foundation Inc generated $45.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $86.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Scott S Krueger Memorial Foundation Inc has awarded 64 individual grants totaling $640,000. 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
ACADEMIC SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Krueger President | 5 | $0 | |
Robert Krueger Treasurer | 1 | $0 | |
Marilyn Marky Secretary | 1 | $0 | |
Douglas Marky Trustee | 1 | $0 | |
Christine Graver Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,989 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,946 |
| Capital Gain Net Income | $33,946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $820 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,009 |
| Total operating and administrative expenses | $6,404 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $86,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,453 |
| Savings and temporary cash investments | $7,235 |
| 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 | $137,858 |
| Accounts payable and accrued expenses | $151 |
| 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 | $151 |
Over the last fiscal year, Scott S Krueger Memorial Foundation Inc has awarded $80,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
RACHEL MAJOR PURPOSE: EDUCATION | $10,000 |
HOLDEN WOZNIAK PURPOSE: EDUCATION | $10,000 |
HENRY KAMIS PURPOSE: EDUCATION | $10,000 |
AVA SAVARINO PURPOSE: EDUCATION | $10,000 |
KEGAN MANCABELLI PURPOSE: EDUCATION | $10,000 |
RYAN HEARTY PURPOSE: EDUCATION | $10,000 |