Parsons Blewett Memorial Fund

Organization Overview

Parsons Blewett Memorial Fund is located in Saint Louis, MO. The organization was established in 1961. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, Parsons Blewett Memorial Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parsons Blewett Memorial 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 12/2021, Parsons Blewett Memorial Fund generated $7.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 6.1% 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 2015, Parsons Blewett Memorial Fund has awarded 17 individual grants totaling $7,115,078. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS, GRANTS, NON-INTEREST BEARING LOANS AND RELIEF ASSISTANCE TO QUALIFIED ACTIVE AND RETIRED EDUCATION EMPLOYEES OF THE CITY OF ST. LOUIS PUBLIC SCHOOL SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SCHOLARSHIP GRANTS TO QUALIFIED ACTIVE EDUCATION EMPLOYEES OF THE ST. LOUIS CITY PUBLIC SCHOOL SYSTEM. NUMBER OF SCHOLARSHIPS/GRANTS = 424. THIS PROGRAM BENEFITS THE COMMUNITY AT LARGE BY ATTRACTING AND RETAINING EMPLOYEES TO PUBLIC SCHOOL SYSTEM, AS WELL AS BY IMPROVING THE JOB RELATED SKILLS OF THESE EMPLOYEES.


PROFESSIONAL DEVELOPMENT GRANTS PROVIDE FOR AN INDIVIDUAL AND/OR STAFF GROUP OF THE ST. LOUIS PUBLIC SCHOOLS TO PARTICIPATE IN WORKSHOPS AND PROFESSIONAL DEVELOPMENT PROGRAMS, SEMINARS OR ACTIVITIES WHICH MAY RESULT IN COLLEGE CREDITS. NUMBER OF GRANTS = 156


PROVIDE NON-INTEREST BEARING LOANS AND RELIEF ASSISTANCE TO QUALIFIED ACTIVE AND RETIRED EDUCATION EMPLOYEES OF ST. LOUIS CITY PUBLIC SCHOOL SYSTEM. NUMBER OF PERSONS BENEFITED = 5


PROVIDE GRANTS TO THE ST. LOUIS CITY PUBLIC SCHOOL SYSTEM. NUMBER OF GRANTS = 4. THE SPECIAL GRANTS AID IN RECRUITING AND TRAINING EMPLOYEES IN HIGH NEED AREAS SUCH AS MATH AND SCIENCE. EDUCATORS CAN ATTAIN CERTIFICATION, WHICH IMPROVES THE JOB RELATED SKILLS OF THESE EMPLOYEES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $1,091,939
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,205,375
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,297,330

Grants Awarded

Over the last fiscal year, Parsons Blewett Memorial Fund has awarded $1,839,364 in support to 3 organizations.

Grant RecipientAmount

ST LOUIS PUBLIC SCHOOLS

PURPOSE: TO ALLOW TEACHERS TO PURSUE FURTHER CERTIFICATIONS

$1,003,920

ST LOUIS PUBLIC SCHOOLS

PURPOSE: THE FOCUS IS ON PROFESSIONAL DEVELOPMENT FOR TEACHERS PRESENTED BY TEACHERS.

$762,544

ST LOUIS PUBLIC SCHOOLS

PURPOSE: CONFERENCES AND SEMINARS

$72,900
View Grant Profile

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