Conklin Family Scholarship Fund Inc
- Assets
- $139.0k
- Revenue
- $8.1k
- Investments
- $138.0k
- Employees
- 0
- Location
- Webster City, IA
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 42-1217707
Organization Overview
Conklin Family Scholarship Fund Inc is located in Webster City, IA. The organization was established in 1985. 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. Conklin Family Scholarship Fund Inc 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, Conklin Family Scholarship Fund Inc generated $8.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $10.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Johnston Sectreasdir | 2 | $0 | |
Joyce Ostebee Presidentdir | 1 | $0 | |
First State Bank Trustee | 2 | $0 | |
Tony Bussan Vice Presdir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $2,036 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,035 |
| Capital Gain Net Income | $6,035 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,082 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $138 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,363 |
| Contributions, gifts, grants paid | $8,031 |
| Total expenses and disbursements | $10,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148 |
| Savings and temporary cash investments | $790 |
| 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 | $138,979 |
| 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, Conklin Family Scholarship Fund Inc has awarded $6,400 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
MEGAN KUMM PURPOSE: SCHOLARSHIPEDUCATIONAL | $500 |
KAITLYN WAGNER PURPOSE: SCHOLARSHIPEDUCATIONAL | $500 |
HALEY FLAWS PURPOSE: SCHOLARSHIPEDUCATIONAL | $500 |
MAREN BORER PURPOSE: SCHOLARSHIPEDUCATIONAL | $500 |
CINESTIE OLSON PURPOSE: SCHOLARSHIPEDUCATIONAL | $500 |
TYLER BULTENA PURPOSE: SCHOLARSHIPEDUCATIONAL | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |