The Alice Aber Smith Scholarship Fund is located in Burlington, WI. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Alice Aber Smith 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.
Since 2015, Alice Aber Smith Scholarship Fund has awarded 84 individual grants totaling $282,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGES & UNIVERSITY-12 OR MORE--- SEE LIST OF DISBURSEMENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul B Edwards CPA Trustee | 0 | $0 | |
Rev Scott Mcmurray Foundation M | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $21,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$31,126 |
| Capital Gain Net Income | $5,738 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$9,638 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,734 |
| Contributions, gifts, grants paid | $39,000 |
| Total expenses and disbursements | $48,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,260 |
| 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 | $570,770 |
| 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 |
Over the last fiscal year, The Alice Aber Smith Scholarship Fund has awarded $39,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CARTHAGE COLLEGE PURPOSE: SCHOLARSHIPS | $3,000 |
CEDARVILLE UNIVERSITY PURPOSE: SCHOLARSHIP | $6,000 |
EDGEWOOD COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
GRAND CANYON UNIVERSITY PURPOSE: SCHOLARSHIP | $3,000 |
LORAS COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
LOYOLA UNIVERSITY PURPOSE: SCHOLARSHIP | $3,000 |