Schoon Educational Scholarship Tr
- Assets
- $738.3k
- Revenue
- $19.3k
- Investments
- $719.4k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/2015
- Data as of
- 06/2023
- EIN
- 32-6245454
Organization Overview
Schoon Educational Scholarship Tr is located in Milwaukee, WI. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Schoon Educational Scholarship Tr 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, Schoon Educational Scholarship Tr generated $19.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $65.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Schoon Educational Scholarship Tr has awarded 182 individual grants totaling $360,273. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,005 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,699 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22 |
| Total Revenue | $19,328 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,360 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $537 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $15,412 |
| Contributions, gifts, grants paid | $49,673 |
| Total expenses and disbursements | $65,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,966 |
| 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 | $719,358 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $738,324 |
| 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, Schoon Educational Scholarship Tr has awarded $49,673 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ROCK VALLEY COLLEGE PURPOSE: SCHOLARSHIPS | $1,500 |
UNIVERSITY OF WISCONSIN-MILWAUKEE PURPOSE: SCHOLARSHIP | $1,500 |
WHEATON COLLEGE PURPOSE: SCHOLARSHIP | $1,500 |
SAUK VALLEY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $1,500 |
ILLINOIS STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,122 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIP | $1,775 |