Bernard F Boyle Memorial Scholarship Fund is located in Pittsburgh, PA. The organization was established in 1986. 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. Bernard F Boyle 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 12/2022, Bernard F Boyle Memorial Scholarship Fund generated $29.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $74.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bernard F Boyle Memorial Scholarship Fund has awarded 25 individual grants totaling $203,654. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,550 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,674 |
| Capital Gain Net Income | $8,674 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,756 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,171 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,927 |
| Contributions, gifts, grants paid | $54,979 |
| Total expenses and disbursements | $74,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,570 |
| 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 | $864,163 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $898,733 |
| 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, Bernard F Boyle Memorial Scholarship Fund has awarded $54,979 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHEASTERN UNIVERSITY PURPOSE: SCHOLARSHIPS | $11,800 |
BLOOMSBURG UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,263 |
WEST CHESTER UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,223 |
CHESTNUT HILL COLLEGE PURPOSE: SCHOLARSHIPS | $5,678 |
EMBRY-RIDDLE AERONAUTICAL UNIVERSITY PURPOSE: SCHOLARSHIPS | $15,000 |
KUTZTOWN UNIVERSITY OF PENNSYLVANIA PURPOSE: SCHOLARSHIPS | $11,015 |