Rouse Family Scholarship Fund 2620190702
- Assets
- $249.2k
- Revenue
- $17.1k
- Investments
- $237.9k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/1994
- Data as of
- 12/2023
- EIN
- 36-6950916
Organization Overview
Rouse Family Scholarship Fund 2620190702 is located in Chicago, IL. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rouse Family Scholarship Fund 2620190702 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 12/2023, Rouse Family Scholarship Fund 2620190702 generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $22.8k during the year ending 12/2023. 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
2023
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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,092 |
| Capital Gain Net Income | $8,092 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $216 |
| Total Revenue | $17,102 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,245 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $221 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $6,481 |
| Contributions, gifts, grants paid | $16,320 |
| Total expenses and disbursements | $22,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,439 |
| Savings and temporary cash investments | $5,874 |
| 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 | $17,211 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $249,203 |
| 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, Rouse Family Scholarship Fund 2620190702 has awarded $18,224 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
TYKEYZA M SNIPERS PURPOSE: SCHOLARSHIP | $650 |
DARIUS J GADBERRY PURPOSE: SCHOLARSHIP | $860 |
DAIJA PARKER PURPOSE: SCHOLARSHIP | $601 |
DERRION T CURRIE PURPOSE: SCHOLARSHIP | $1,000 |
ANDREA N MILNER PURPOSE: SCHOLARSHIP | $400 |
JAYSHUN D REED PURPOSE: SCHOLARSHIP | $520 |