Western Poultry Scholarship And Research Foundation is located in Sacramento, CA. The organization was established in 1971. 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. Western Poultry Scholarship And Research 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 12/2023, Western Poultry Scholarship And Research Foundation generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Western Poultry Scholarship And Research Foundation has awarded 56 individual grants totaling $259,833. 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
PROVIDE SCHOLARSHIPS TO QUALIFIED FULL-TIME STUDENTS ENROLLING IN COLLEGES OFFERING COURSES IN POULTRY CURRICULUM IN THE ELEVEN WESTERN STATES AND THE WESTERN PROVINCES OF CANADA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Altomare President | 1 | $0 | |
Mike Hogan Vice Preside | 1 | $0 | |
Kim Hernandez Secretary/tr | 1 | $0 | |
Jason Arnold Trustee | 1 | $0 | |
Dr Mark Bland Trustee | 1 | $0 | |
Dr Charles Corsiglia Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,445 |
| Interest on Savings | $61 |
| Dividends & Interest | $10,375 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,982 |
| Capital Gain Net Income | $8,982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,306 |
| Total Revenue | $55,169 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $885 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,238 |
| Printing and publications | $332 |
| Other expenses | $10,028 |
| Total operating and administrative expenses | $34,579 |
| Contributions, gifts, grants paid | $34,000 |
| Total expenses and disbursements | $68,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,614 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $12,205 |
| 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 | $958,250 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $997,069 |
| Accounts payable and accrued expenses | $458 |
| 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 | $458 |
Over the last fiscal year, Western Poultry Scholarship And Research Foundation has awarded $34,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CSU FRESNO PURPOSE: SCHOLARSHIPS | $7,500 |
UC REGENTS PURPOSE: SCHOLARSHIPS | $12,500 |
MODESTO JUNIOR COLLEGE PURPOSE: SCHOLARSHIPS | $5,500 |
CAL POLY STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,500 |
COLORADO STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,000 |
MERCED COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $2,000 |