Edwin & Lucille Eggen Scholarship Fd Tr
- Assets
- $1.7m
- Revenue
- $70.2k
- Investments
- $1.7m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/2002
- Data as of
- 06/2024
- EIN
- 39-6769479
Organization Overview
Edwin & Lucille Eggen Scholarship Fd Tr is located in Milwaukee, WI. The organization was established in 2002. 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. Edwin & Lucille Eggen Scholarship Fd Tr 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 06/2024, Edwin & Lucille Eggen Scholarship Fd Tr generated $70.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $120.0k during the year ending 06/2024. While expenses have increased by 3.5% per year over the past 6 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, Edwin & Lucille Eggen Scholarship Fd Tr has awarded 120 individual grants totaling $487,074. 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 | $52,599 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,796 |
| Capital Gain Net Income | $8,796 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,799 |
| Total Revenue | $70,194 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $29,725 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $951 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,176 |
| Contributions, gifts, grants paid | $87,783 |
| Total expenses and disbursements | $119,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,403 |
| 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 | $1,678,304 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,708,707 |
| 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, Edwin & Lucille Eggen Scholarship Fd Tr has awarded $86,346 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN - MADISON PURPOSE: SCHOLARSHIPS | $12,664 |
UNIVERSITY OF WISCONSIN - LA CROSSE PURPOSE: SCHOLARSHIPS | $20,854 |
UNIVERSITY OF WISCONSIN - EAU CLAIRE PURPOSE: SCHOLARSHIPS | $16,925 |
UNIVERSITY OF MINNESOTA - TWIN CITIES PURPOSE: SCHOLARSHIPS | $2,500 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,721 |
LAWRENCE UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,500 |