Pittsfield High School Class Of 1954 Scholarship Fund Inc
- Assets
- $1.9m
- Revenue
- $235.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Pittsfield, IL
- Founding
- 04/1986
- Data as of
- 06/2022
- EIN
- 37-1178599
Organization Overview
Pittsfield High School Class Of 1954 Scholarship Fund Inc is located in Pittsfield, IL. The organization was established in 1986. 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. Pittsfield High School Class Of 1954 Scholarship Fund Inc 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 06/2022, Pittsfield High School Class Of 1954 Scholarship Fund Inc generated $235.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $134.4k during the year ending 06/2022. While expenses have increased by 20.3% per year over the past 7 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 2017, Pittsfield High School Class Of 1954 Scholarship Fund Inc has awarded 118 individual grants totaling $913,650. 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 |
|---|---|---|---|
Julie Cook Director | 1 | $2,000 | |
Amy Thompson Director | 1 | $1,000 | |
Kathleen A Marable President | 1 | $1,000 | |
Richard Craig Rush Director | 1 | $0 | |
Michael Graham Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $36,932 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,162 |
| Capital Gain Net Income | $198,162 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $235,094 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $1,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,792 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $97 |
| Total operating and administrative expenses | $33,622 |
| Contributions, gifts, grants paid | $100,779 |
| Total expenses and disbursements | $134,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,866 |
| Savings and temporary cash investments | $178,941 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,910,094 |
| 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, Pittsfield High School Class Of 1954 Scholarship Fund Inc has awarded $100,779 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
SIU - EDWARDSVILLE PURPOSE: EDUCATION | $15,000 |
JOHN WOOD COMM COLLEGE PURPOSE: EDUCATION | $14,318 |
Jacksonville, IL PURPOSE: EDUCATION | $13,000 |
Peoria, IL PURPOSE: EDUCATION | $10,000 |
UNIVERSITY OF MISSOURI PURPOSE: EDUCATION | $10,000 |
MISSISSIPPI STATE PURPOSE: EDUCATION | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |