Walter And Anna Soneson Scholarship Fund Trust
- Assets
- $571.2k
- Revenue
- $23.5k
- Investments
- $536.7k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1963
- Data as of
- 12/2022
- EIN
- 41-6018233
Organization Overview
Walter And Anna Soneson Scholarship Fund Trust is located in Milwaukee, WI. The organization was established in 1963. 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. Walter And Anna Soneson Scholarship Fund 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, Walter And Anna Soneson Scholarship Fund Trust generated $23.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $54.0k during the year ending 12/2022. While expenses have increased by 10.4% 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, Walter And Anna Soneson Scholarship Fund Trust has awarded 46 individual grants totaling $200,937. 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 | $17,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,254 |
| Capital Gain Net Income | $6,254 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24 |
| Total Revenue | $23,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,088 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $941 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $13,554 |
| Contributions, gifts, grants paid | $40,480 |
| Total expenses and disbursements | $54,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,235 |
| 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 | $536,721 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $213 |
| Total assets | $571,169 |
| 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, Walter And Anna Soneson Scholarship Fund Trust has awarded $40,480 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BEMIDJI STATE UNIVERSITY PURPOSE: GENERAL OPERATING | $2,000 |
UNIVERSITY OF MN DULUTH PURPOSE: SCHOLARSHIPS | $2,000 |
GRINNELL COLLEGE PURPOSE: SCHOLARSHIPS | $4,000 |
UNIVERSITY OF MINNESOTA DULUTH PURPOSE: GENERAL OPERATING | $2,000 |
A GARDEN CENTER PURPOSE: GENERAL OPERATING | $375 |
UNIVERSITY OF WISCONSIN STOUT PURPOSE: GENERAL OPERATING | $2,000 |