John Bees Jr And Nesbeth E Bees Scholarship Fund
- Assets
- $571.3k
- Revenue
- $56.1k
- Investments
- $546.5k
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 38-6601371
Organization Overview
John Bees Jr And Nesbeth E Bees Scholarship Fund is located in Columbus, OH. The organization was established in 1998. 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. John Bees Jr And Nesbeth E Bees 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 12/2022, John Bees Jr And Nesbeth E Bees Scholarship Fund generated $56.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $49.3k during the year ending 12/2022. While expenses have increased by 4.0% 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 2016, John Bees Jr And Nesbeth E Bees Scholarship Fund has awarded 69 individual grants totaling $201,630. 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 | $16,234 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,878 |
| Capital Gain Net Income | $39,878 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,378 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,639 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,267 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $49,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,812 |
| 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 | $571,341 |
| 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, John Bees Jr And Nesbeth E Bees Scholarship Fund has awarded $35,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TENNESSEE STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,500 |
MICHIGAN STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,500 |
EASTERN MICHIGAN UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,500 |
ANDREWS UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,500 |
MADONNA UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,000 |