Eugene And Florence O Stanley Scholarship Trust
- Assets
- $1.4m
- Revenue
- $151.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- South Bend, IN
- Founding
- 10/1982
- Data as of
- 12/2022
- EIN
- 35-6375193
Organization Overview
Eugene And Florence O Stanley Scholarship Trust is located in South Bend, IN. The organization was established in 1982. 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. Eugene And Florence O Stanley Scholarship Trust 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, Eugene And Florence O Stanley Scholarship Trust generated $151.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $102.7k during the year ending 12/2022. While expenses have increased by 0.8% per year over the past 6 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 2018, Eugene And Florence O Stanley Scholarship Trust has awarded 297 individual grants totaling $461,855. 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 |
|---|---|---|---|
1st Source Bank Trustee | 1 | $14,018 | |
Penny Lukenbill Committee Member | 1 | $0 | |
Aimee Portteus Committee Member | 1 | $0 | |
David Fortin Committee Member | 1 | $0 | |
James Condon Committee Member | 1 | $0 | |
Andrew Hartley Superintendent Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,471 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,955 |
| Capital Gain Net Income | $117,955 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $151,426 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,018 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,968 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,561 |
| Contributions, gifts, grants paid | $83,100 |
| Total expenses and disbursements | $102,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $60 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,383,171 |
| 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, Eugene And Florence O Stanley Scholarship Trust has awarded $83,100 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
KYLA B HECKAMAN PURPOSE: SCHOLARSHIP | $3,000 |
MARY CATHERINE FLYNN PURPOSE: SCHOLARSHIP | $3,000 |
GRANT WITMER PURPOSE: SCHOLARSHIP | $3,000 |
DORATHY KARRIS PURPOSE: SCHOLARSHIP | $2,500 |
ELIZABETH R LEE PURPOSE: SCHOLARSHIP | $2,500 |
KELSEY ANN KRUYER PURPOSE: SCHOLARSHIP | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |