R Earl Bland & Hazel Bland Scholarship Foundation
- Assets
- $473.7k
- Revenue
- $33.6k
- Investments
- $471.0k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 11/1995
- Data as of
- 06/2023
- EIN
- 31-1415657
Organization Overview
R Earl Bland & Hazel Bland Scholarship Foundation is located in Columbus, OH. The organization was established in 1995. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. R Earl Bland & Hazel Bland Scholarship Foundation 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 06/2023, R Earl Bland & Hazel Bland Scholarship Foundation generated $33.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $24.4k during the year ending 06/2023. 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 | $12,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,083 |
| Capital Gain Net Income | $21,083 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,617 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,691 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $328 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $8,369 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $24,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,715 |
| 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 | $473,739 |
| 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, R Earl Bland & Hazel Bland Scholarship Foundation has awarded $16,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MOREHOUSE COLLEGE PURPOSE: SCHOLARSHIPS | $12,000 |
TUSKEGEE UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,000 |