Samuel H Krom Scholarship Fund
- Assets
- $0.0
- Revenue
- $40.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1995
- Data as of
- 01/2022
- EIN
- 36-7090566
Organization Overview
Samuel H Krom Scholarship Fund is located in Chicago, IL. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Samuel H Krom 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 01/2022, Samuel H Krom Scholarship Fund generated $40.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $74.5k during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Samuel H Krom Scholarship Fund has awarded 37 individual grants totaling $116,700. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Gold Trustee | 1 | $0 | |
Mindi Gold Trustee | 1 | $0 | |
Adam Berman Trustee | 1 | $0 | |
Melissa J Berman Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,755 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $266 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $50,758 |
| Contributions, gifts, grants paid | $23,700 |
| Total expenses and disbursements | $74,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,805 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Samuel H Krom Scholarship Fund has awarded $23,700 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AM SHALOM PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,700 |
CHICAGO HORTICULTURAL SOCIETY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $500 |
BERNARD WEINGER JCC PURPOSE: UNRESTRICTED GENERAL SUPPORT | $2,000 |
ILLINOIS HOLOCAUST MUSEUM & EDUCATION CE PURPOSE: UNRESTRICTED GENERAL SUPPORT | $2,000 |
LATIN SCHOOL OF CHICAGO PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |
CONGREGATION B'NAI TIKVAH PURPOSE: UNRESTRICTED GENERAL SUPPORT | $3,000 |