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 05/2024, Val Trebbia 2 Val Nure Scholarship Fund generated $121.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $42.9k during the year ending 05/2024. While expenses have increased by 0.9% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS WERE GRANTED TO 33 INDIVIDUALS FOR THE PURPOSE OF FURTHERING THEIR COLLEGE EDUCATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diego Segalini President | 5 | $0 | |
Joseph Bernardi Vice President | 5 | $0 | |
Joseph Castignoli Treasurer | 5 | $0 | |
Mark Draghi Scholarship Director | 1 | $0 | |
Sergio Segalini Corresponding Sec | 10 | $0 | |
Giuseppe Gazzola Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,280 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,975 |
| Investment income | $7,500 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $30,848 |
| Other Revenue | $74,379 |
| Total Revenue | $120,982 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| 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 | $42,868 |
| Total expenses | $42,868 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $481,168 |
| Other assets | $0 |
| Total assets | $488,418 |
| Total liabilities | $0 |
| Net assets or fund balances | $488,418 |