Mary William And Beatrice Horvath Scholarship Fund
- Assets
- $576.6k
- Revenue
- $34.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfield, CT
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-7383360
Organization Overview
Mary William And Beatrice Horvath Scholarship Fund is located in Fairfield, CT. The organization was established in 2014. 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. Mary William And Beatrice Horvath 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 12/2023, Mary William And Beatrice Horvath Scholarship Fund generated $34.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.2%) each year.
Since 2020, Mary William And Beatrice Horvath Scholarship Fund has awarded 74 individual grants totaling $217,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 7 | $2,500 | |
Name Not Listed Trustee | 7 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,967 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $2,275 |
| Contributions, gifts, grants paid | $58,000 |
| Total expenses and disbursements | $60,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $576,584 |
| Savings and temporary cash investments | $0 |
| 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 | $576,584 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $58,300 |
| 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 | $58,300 |
Grants Awarded
Over the last fiscal year, Mary William And Beatrice Horvath Scholarship Fund has awarded $58,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
RORY KUDZY PURPOSE: SCHOLARSHIP | $2,500 |
OLIVIA GECKELER PURPOSE: SCHOLARSHIP | $3,000 |
BLAKE BENWAY PURPOSE: SCHOLARSHIP | $2,500 |
PAIGE FEKETE PURPOSE: SCHOLARSHIP | $2,500 |
COLE CHIZMADIA PURPOSE: SCHOLARSHIP | $5,000 |
MATTHEW JANKOVSKY PURPOSE: SCHOLARSHIP | $20,000 |