John P Loftus Scholarship Fund

Organization Overview

John P Loftus Scholarship Fund is located in Park Ridge, IL. The organization was established in 1992. 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. John P Loftus 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 12/2021, John P Loftus Scholarship Fund generated $1.5k 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 (32.3%) each year. All expenses for the organization totaled $3.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,500
Interest on Savings $4
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,504

Grants Awarded

Over the last fiscal year, John P Loftus Scholarship Fund has awarded $3,000 in support to 2 organizations.

Grant RecipientAmount

ST IGNATUS COLLEGE PREP

PURPOSE: SHOLARSHIP

$2,000

ST JOSEPH HIGH SCHOOL

Org PageRecipient Profile

Westchester, IL

PURPOSE: SCHOLARSHIP

$1,000
View Grant Profile

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