Whipple Scholarship Fund

Organization Overview

Whipple Scholarship Fund is located in Hickman, KY. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Whipple 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 03/2022, Whipple Scholarship Fund generated $28.5k 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 (4.2%) each year. All expenses for the organization totaled $24.9k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TRUST PROVIDES COLLEGE SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRUST PROVIDED $1,564 IN COLLEGE SCHOLARSHIPS TO FULTON CITY (KY) INDEPENDENT STUDENTS DURING THE YEARTRUST PROVIDED $19,796 IN COLLEGE SCHOLARSHIPS TO FULTON COUNTY (KY) STUDENTS DURING THE YEAR


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Board, Officers & Key Employees

Name (title)Compensation
Deanna Miller
Board Member
$0
Christian Cruce
Board Member
$0
Kim Cooper
Board Member
$0
Patrice Chambers
Board Member
$0
Jim Martin
Board Member
$0
Name Not Listed
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $4,640
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $23,896
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,536

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