Hazel Marie Boyle Scholarship Fund is located in Princeton, IL. The organization was established in 1997. 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. Hazel Marie Boyle 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, Hazel Marie Boyle Scholarship Fund generated $10.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARRANGE SCHOLARSHIPS TO BE GRANTED THROUGH THE PUTNAM COUNTY EDUCATIONAL FOUNDATION AS REQUIRED BY THE TRUST ESTABLISHED IN THE WILL OF HAZEL MARIE BOYLE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Boyle Trustee | 0 | $0 | |
Heartland Bank And Trust Co Trustee | 0 | $2,640 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,385 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,923 |
| Capital Gain Net Income | $1,538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,640 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $177 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,417 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $13,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,128 |
| 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 | $185,708 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $94 |
| Total assets | $203,930 |
| 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, Hazel Marie Boyle Scholarship Fund has awarded $10,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ERIN BROOKER PURPOSE: SCHOLARSHIP RECIPIENT | $800 |
MCKINLEY CWIKLA PURPOSE: SCHOLARSHIP RECIPIENT | $800 |
PAIGE TERANDO PURPOSE: SCHOLARSHIP RECIPIENT | $1,500 |
ZOFIA UZELLA PURPOSE: SCHOLARSHIP RECIPIENT | $800 |
FAITH PACK PURPOSE: SCHOLARSHIP RECIPIENT | $800 |
RENAE RAMEY PURPOSE: SCHOLARSHIP RECIPIENT | $800 |