P E O International Peace Scholarship Fund
- Assets
- $7.9m
- Revenue
- $2.0m
- Investments
- $742.2k
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 07/1962
- Data as of
- 06/2022
- EIN
- 42-6078058
Organization Overview
P E O International Peace Scholarship Fund is located in Des Moines, IA. The organization was established in 1962. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. P E O International Peace 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.
For the year ending 06/2022, P E O International Peace Scholarship Fund generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 3.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOLARSHIPS FOR QUALIFIED WOMEN STUDENTS, WITH CITIZENSHIP IN A COUNTRY OTHER THAN THE UNITED STATES AND CANADA, TO PURSUE GRADUATE STUDY IN THE UNITED STATES AND CANADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
161 SCHOLARSHIPS WERE AWARDED DURING THE YEAR, TOTALING $1,770,600. THE MAXIMUM SCHOLARSHIP IS $12,500.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bobbie Gervais Board Of Trustees | OfficerTrustee | 25 | $0 |
Karen Neylon Board Of Trustees | OfficerTrustee | 25 | $0 |
Jan Knuckey Chair After 921 Board Of Trustees | OfficerTrustee | 30 | $0 |
Barbara Olson Chair Until 921 Board Of Trustees | OfficerTrustee | 30 | $0 |
Dana Van Roekel Director Of Financetreasurer | Officer | 2 | $0 |
Kathy Soppe Executive Director | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $263,335 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,429,662 |
| Noncash contributions included in lines 1a–1f | $24,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,692,997 |
| Total Program Service Revenue | $0 |
| Investment income | $181,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $133,549 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,011,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,689,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $81,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,942 |
| Pension plan accruals and contributions | $3,142 |
| Other employee benefits | $6,400 |
| Payroll taxes | $3,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $442 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,140 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,198 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,300 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,864,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,531,602 |
| Savings and temporary cash investments | $630,317 |
| Pledges and grants receivable | $6,406 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,014,135 |
| Investments—other securities | $742,161 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,924,621 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $5,569,800 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,354,821 |
| Total liabilities and net assets/fund balances | $7,924,621 |
Grants Recieved
Over the last fiscal year, we have identified 32 grants that P E O International Peace Scholarship Fund has recieved totaling $1,413,771.
| Awarding Organization | Amount |
|---|---|
P E O Foundation Des Moines, IA PURPOSE: Scholarships | $314,152 |
Peo Sisterhood International Chapter Des Moines, IA PURPOSE: Scholarships | $78,892 |
Peo Sisterhood International Chapter Des Moines, IA PURPOSE: Scholarships | $70,283 |
Peo Sisterhood International Chapter Des Moines, IA PURPOSE: Scholarships | $69,696 |
Peo Sisterhood International Chapter Des Moines, IA PURPOSE: Scholarships | $66,208 |
Peo Sisterhood International Chapter Des Moines, IA PURPOSE: Scholarships | $60,140 |
Endowment Analysis
| Beg. Balance | $2,297,192 |
| Earnings | $135,099 |
| Admin Expense | $7,828 |
| Other Expense | $69,643 |
| Ending Balance | $2,354,820 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alianza Americas Chicago, IL | $2,631,647 | $6,410,814 |
P E O International Peace Scholarship Fund Des Moines, IA | $7,924,621 | $2,011,865 |
Worldwide Foundation For Credit Unions Inc Madison, WI | $2,638,598 | $2,495,321 |
American Friends Of Orr Shalom Inc Janesville, WI | $19,611 | $1,505,147 |
Fund For Israels Tomorrow St Louis, MO | $124,929 | $1,278,098 |
Brace For Impact 46 Inc Lake Saint Louis, MO | $707,944 | $1,486,184 |
Israel Center For Excellence Through Education Homer Glen, IL | $1,886,346 | $1,557,917 |
Foundation For Children In Need Inc Arlington Heights, IL | $1,133,422 | $973,148 |
Father Wasson Legacy Endowment Inc Chicago, IL | $19,669,606 | $1,881,676 |
Coprodeli Usa Chicago, IL | $222,767 | $999,413 |
School Of Hope Foundation Chicago, IL | $1,453,503 | $820,570 |
Aactev8 International Lansing, IL | $48,037 | $601,801 |