Lynn E & Mattie G Mcconnell Foundation & Scholarship Fund
- Assets
- $153.9k
- Revenue
- $8.0k
- Investments
- $140.9k
- Employees
- 0
- Location
- Pittsford, NY
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 16-6237917
Organization Overview
Lynn E & Mattie G Mcconnell Foundation & Scholarship Fund is located in Pittsford, NY. The organization was established in 0000. 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.
For the year ending 12/2022, Lynn E & Mattie G Mcconnell Foundation & Scholarship Fund generated $8.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,672 |
| Capital Gain Net Income | $4,672 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,971 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,132 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $325 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,250 |
| Total operating and administrative expenses | $3,707 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $3,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,936 |
| 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 | $153,882 |
| 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, Lynn E & Mattie G Mcconnell Foundation & Scholarship Fund has awarded $15,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SALEM STATE UNIV & KYLEE HOPE HERNDON PURPOSE: SCHOLARSHIP | $3,000 |
LEMOYNE COLLEGE AND KAYLA B MILLS PURPOSE: SCHOLARSHIP | $3,000 |
EMMA HAUSAUER & ST JOHN FISHER COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
NAZARETH COLLEGE AND MORGAN EDWARDS PURPOSE: SCHOLARSHIP | $3,000 |
CORNING COMMUNITY COLLEGE KRISLYN D PURPOSE: SCHOLARSHIP | $3,000 |