Whiteside Scholarship Fund Trust Aka Marion W Meining Trust
- Assets
- $4.1m
- Revenue
- $748.4k
- Investments
- $3.6m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 05/1977
- Data as of
- 12/2022
- EIN
- 41-1288761
Organization Overview
Whiteside Scholarship Fund Trust Aka Marion W Meining Trust is located in Milwaukee, WI. The organization was established in 1977. 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. Whiteside Scholarship Fund Trust Aka Marion W Meining Trust 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, Whiteside Scholarship Fund Trust Aka Marion W Meining Trust generated $748.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $401.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Whiteside Scholarship Fund Trust Aka Marion W Meining Trust has awarded 126 individual grants totaling $857,994. 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 | $94,782 |
| Net Rental Income | $557,603 |
| Net Gain on Sale of Assets | $48,358 |
| Capital Gain Net Income | $48,358 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,892 |
| Total Revenue | $748,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $87,535 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,549 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,941 |
| Total operating and administrative expenses | $145,062 |
| Contributions, gifts, grants paid | $256,610 |
| Total expenses and disbursements | $401,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,329 |
| Savings and temporary cash investments | $475,893 |
| 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 | $3,528,875 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,511 |
| Total assets | $4,129,322 |
| 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, Whiteside Scholarship Fund Trust Aka Marion W Meining Trust has awarded $256,610 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
GEROGE WASHINGTON UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,500 |
CORNELL UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,500 |
UNIVERSITY OF NORTH CAROLINA PURPOSE: SCHOLARSHIPS | $2,500 |
COLLEGE OF ST SCHOLASTICA PURPOSE: SCHOLARSHIPS | $4,500 |
THE ART INSTITUTE OF CHICAGO PURPOSE: SCHOLARSHIPS | $4,000 |
ARIZONA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,000 |