James K Morrill Scholarship Fund 2-5837
- Assets
- $1.1m
- Revenue
- $67.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 10/1995
- Data as of
- 12/2023
- EIN
- 36-7112892
Organization Overview
James K Morrill Scholarship Fund 2-5837 is located in Cincinnati, OH. The organization was established in 1995. 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. James K Morrill Scholarship Fund 2-5837 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, James K Morrill Scholarship Fund 2-5837 generated $67.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $81.0k during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James K Morrill Scholarship Fund 2-5837 has awarded 49 individual grants totaling $458,735. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,073 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,587 |
| Capital Gain Net Income | $37,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $955 |
| Total Revenue | $67,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,460 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $623 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,604 |
| Total operating and administrative expenses | $25,097 |
| Contributions, gifts, grants paid | $55,890 |
| Total expenses and disbursements | $80,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,908 |
| 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 | $1,054,672 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,107,580 |
| 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, James K Morrill Scholarship Fund 2-5837 has awarded $64,974 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOLYOKE HIGH SCHOOL PURPOSE: SCHOLARSHIP | $10,000 |
OHIO FOUNDATION OF INDEPENDENT COLLEGES PURPOSE: SCHOLARSHIP | $54,974 |