Lloyd And Gene Sellers Scholarship Fund
- Assets
- $701.4k
- Revenue
- $30.1k
- Investments
- $640.4k
- Employees
- 0
- Location
- Erie, PA
- Founding
- 09/2007
- Data as of
- 12/2022
- EIN
- 30-6130635
Organization Overview
Lloyd And Gene Sellers Scholarship Fund is located in Erie, PA. The organization was established in 2007. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lloyd And Gene Sellers 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 12/2022, Lloyd And Gene Sellers Scholarship Fund generated $30.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $37.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,699 |
| Capital Gain Net Income | $1,699 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,706 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $792 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9 |
| Total operating and administrative expenses | $9,157 |
| Contributions, gifts, grants paid | $28,350 |
| Total expenses and disbursements | $37,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,982 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $701,429 |
| 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 |
Grants Awarded
Over the last fiscal year, Lloyd And Gene Sellers Scholarship Fund has awarded $28,350 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY KOKOMO PURPOSE: SCHOLARSHIP | $10,084 |
IVY TECH COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $4,016 |
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP | $3,600 |
INDIANA WESLEYAN UNIVERSITY PURPOSE: SCHOLARSHIP | $1,200 |
OKLAHOMA CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $600 |
BALL STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $600 |