Val Trebbia 2 Val Nure Scholarship Fund
- Assets
- $425.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, CT
- Founding
- 10/1971
- Data as of
- 05/2022
- EIN
- 23-7131741
Organization Overview
Val Trebbia 2 Val Nure Scholarship Fund is located in Milford, CT. 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. Val Trebbia 2 Val Nure 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 05/2022, Val Trebbia 2 Val Nure Scholarship Fund generated $66.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $101.5k during the year ending 05/2022. While expenses have increased by 14.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS WERE GRANTED TO 31 INDIVIDUALS FOR THE PURPOSE OF FURTHERING THEIR COLLEGE EDUCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Segalini President | 5 | $0 | |
Joseph Bernardi Vice Pres | 5 | $0 | |
Mark Draghi Scholarship Director | 1 | $0 | |
Joseph Castignoli Treasurer | 5 | $0 | |
Sergio Segalini Corresponding Sec | 10 | $0 | |
Giuseppe Gazzola Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,499 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,580 |
| Investment income | $10,157 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,236 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,880 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99,625 |
| Total expenses | $101,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $413,264 |
| Other assets | $0 |
| Total assets | $425,182 |
| Total liabilities | $0 |
| Net assets or fund balances | $425,182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |