Father Leo Henkel Scholarship Trust is located in Princeton, IL. The organization was established in 1993. 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. Father Leo Henkel 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDS TUITION ASSISTANCE SCHOLARSHIPS TO COLLEGE STUDENTS RESIDING IN LASALLE, IL AREA. SCHOLARSHIPS ARE ONE TIME AWARDS THAT ARE NOT RENEWABLE. MAXIMUM SCHOLARSHIP IS $10,000. THIRTEEN SCHOLARSHIPS WERE AWARDED IN 2022.
ONE-TIME SCHOLARSHIPS OF $100 EACH MAY BE AWARDED TO STUDENTS WHO APPLY FOR, BUT DO NOT RECEIVE, THE HENKEL SCHOLARSHIP. IN 2022, NO STUDENT APPLICANTS RECEIVED THIS SCHOLARSHIP.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,905 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$461 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $2,245 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $28,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $603 |
| 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 | $26,538 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,141 |
| 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 |
Over the last fiscal year, Father Leo Henkel Scholarship Trust has awarded $26,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SKYLAR L ARWOOD PURPOSE: TUITION SCHOLARSHIP | $2,000 |
CHLOE BRUCK PURPOSE: TUITION SCHOLARSHIP | $2,000 |
HANNAH DEBERNARDI PURPOSE: TUITION SCHOLARSHIP | $2,000 |
CONNOR DURDAN PURPOSE: TUITION SCHOLARSHIP | $2,000 |
HALEY EINHAUS PURPOSE: TUITION SCHOLARSHIP | $2,000 |
JALEN FLAVEL PURPOSE: TUITION SCHOLARSHIP | $2,000 |