Alice R Mies Scholarship Fund
- Assets
- $791.2k
- Revenue
- $13.6k
- Investments
- $760.9k
- Employees
- 0
- Location
- Terre Haute, IN
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 35-6771809
Organization Overview
Alice R Mies Scholarship Fund is located in Terre Haute, IN. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Alice R Mies 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, Alice R Mies Scholarship Fund generated $13.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $65.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alice R Mies Scholarship Fund has awarded 58 individual grants totaling $134,750. 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 | $1,493 |
| Dividends & Interest | $13,944 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,842 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,595 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,247 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,902 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $13,539 |
| Contributions, gifts, grants paid | $52,000 |
| Total expenses and disbursements | $65,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127 |
| Savings and temporary cash investments | $30,165 |
| 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 | $690,954 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $791,224 |
| 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, Alice R Mies Scholarship Fund has awarded $52,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BELMONT UNIVERSITY FBO CAMRYN E MIES PURPOSE: SCHOLARSHIP | $3,000 |
HEARTLAND COMMUNITY COLLEGE FBO TREVOR P SEXTON PURPOSE: SCHOLARSHIP | $1,500 |
ILLINOIS STATE UNIVERSITY FBO ADAM J VERDUN PURPOSE: SCHOLARSHIP | $1,500 |
ILLINOIS STATE UNIVERSITY FBO SYDNEY L SHEPHERD PURPOSE: SCHOLARSHIP | $3,000 |
LOYOLA UNIVERSITY FBO REBECCA SMITH PURPOSE: SCHOLARSHIP | $2,000 |
ILLINOIS STATE UNIVERSITY FBO DANIELLE G SCHROCK PURPOSE: SCHOLARSHIP | $1,000 |