Joe & Babe Sandford Scholarship Foundation
- Assets
- $32.8k
- Revenue
- $209.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mitchell, NE
- Founding
- 10/1977
- Data as of
- 12/2021
- EIN
- 47-0585538
Organization Overview
Joe & Babe Sandford Scholarship Foundation is located in Mitchell, NE. The organization was established in 1977. 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. Joe & Babe Sandford Scholarship Foundation 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, Joe & Babe Sandford Scholarship Foundation generated $209.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $700.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.4%) per year over the past 4 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Johnson Trustee | 0 | $0 | |
Angela Jones Trustee | 0 | $0 | |
Loren Braman Trustee | 0 | $0 | |
Troy Peterson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $209 |
| Dividends & Interest | $0 |
| 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 | $209 |
| 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 | $0 |
| Total operating and administrative expenses | $200 |
| Contributions, gifts, grants paid | $500 |
| Total expenses and disbursements | $700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538 |
| Savings and temporary cash investments | $32,246 |
| 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 | $32,784 |
| 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, Joe & Babe Sandford Scholarship Foundation has awarded $3,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JONATHAN PIEPER PURPOSE: EDUCATION SCHOLARSHIP | $500 |
JONATHAN PIEPER PURPOSE: EDUCATION SCHOLARSHIP | $500 |
JONATHAN PIEPER PURPOSE: EDUCATION SCHOLARSHIP | $500 |
ANSLEY HESSLER PURPOSE: EDUCATION SCHOLARSHIP | $500 |
ANSLEY HESSLER PURPOSE: EDUCATION SCHOLARSHIP | $500 |
ANSLEY HESSLER PURPOSE: EDUCATION SCHOLARSHIP | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Western States Learning Corporation Cheyenne, WY | $7,278,085 | $6,097,150 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
Papillion Lavista Schools Foundation Papillion, NE | $9,484,528 | $7,053,869 |
Colorado Restaurant Association Education Fund Denver, CO | $2,210,454 | $2,452,590 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Peo Sisterhood International Chapter Des Moines, IA | $85,884,604 | $5,248,161 |
Horizon Academy Roeland Park, KS | $4,054,986 | $3,713,037 |