The Robert H Jentes Scholarship Fund
- Assets
- $629.0k
- Revenue
- $44.5k
- Investments
- $585.4k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 02/1989
- Data as of
- 12/2022
- EIN
- 34-6779406
Organization Overview
The Robert H Jentes Scholarship Fund is located in Columbus, OH. The organization was established in 1989. 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. Robert H Jentes 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, Robert H Jentes Scholarship Fund generated $44.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $79.6k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert H Jentes Scholarship Fund has awarded 85 individual grants totaling $255,500. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward A Schultz Committee | 1 | $0 | |
Richard T Kettler Committee | 1 | $0 | |
Paul Von Gunten Committee | 1 | $0 | |
Huntington National Bank Trustee | 1 | $13,712 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,290 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $27,242 |
| Capital Gain Net Income | $27,242 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,712 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,119 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $277 |
| Total operating and administrative expenses | $17,358 |
| Contributions, gifts, grants paid | $62,200 |
| Total expenses and disbursements | $79,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,627 |
| 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 | $629,028 |
| 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, The Robert H Jentes Scholarship Fund has awarded $62,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF DAYTON PURPOSE: SCHOLARSHIPS | $3,600 |
KENT STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $9,000 |
MALONE UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,000 |
COLUMBUS COLLEGE OF ART & DESIGN PURPOSE: SCHOLARSHIPS | $2,800 |
COLLEGE OF CHARLESTON PURPOSE: SCHOLARSHIPS | $2,000 |
FAIRMONT STATE UNIVERSTIY PURPOSE: SCHOLARSHIPS | $1,800 |