Saundra Toole Memorial Scholarship Fund is located in Coalville, UT. The organization was established in 2009. 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. Saundra Toole 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 12/2023, Saundra Toole Memorial Scholarship Fund generated $1.1k 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 (7.6%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FUNDS DISTRIBUTED TO ORGANIZATIONS AND INDIVIDUALS THAT QUALIFY AS EXEMPT UNDER SECTION 501 (C) OF THE CODE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas B Toole Director | 3 | $0 | |
Melanie Forbes Director | 1 | $0 | |
Deann Olsen Director | 1 | $0 | |
J Scott Stephens Director | 1 | $0 | |
Jennifer Cantafio Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,132 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,132 |
| 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 | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,728 |
| Other assets | $0 |
| Total assets | $47,728 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,728 |