W Marshall Hughes Sr And Margaret is located in Orlando, FL. The organization was established in 2000. 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. W Marshall Hughes Sr And Margaret 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, W Marshall Hughes Sr And Margaret generated $7.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $26.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, W Marshall Hughes Sr And Margaret has awarded 12 individual grants totaling $107,026. 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
SCHOLARSHIP TO PA COLLEGE OF TECHNOLOGY
SCHOLARSHIP TO SALEM ST UNIVERSITY
SCHOLARSHIP TO MT HOLYOKE COLLEGE
SCHOLARSHIP TO NEW YORK UNIVERSITY
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $14,901 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$8,564 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,044 |
Total Revenue | $7,381 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $6,458 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $170 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $6,628 |
Contributions, gifts, grants paid | $19,996 |
Total expenses and disbursements | $26,624 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $24,927 |
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 | $439,185 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $608,038 |
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, W Marshall Hughes Sr And Margaret has awarded $19,996 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
MADELYN LEE PURPOSE: SCHOLARSHIP | $16,285 |
SALLY FETTERMAN PURPOSE: SCHOLARSHIP | $3,711 |