Jack And Vicki Tyler Mechanical Engineering Scholarship Inc
- Assets
- $1.9m
- Revenue
- -$3.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 47-1385900
Organization Overview
Jack And Vicki Tyler Mechanical Engineering Scholarship Inc is located in Germantown, TN. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jack And Vicki Tyler Mechanical Engineering Scholarship Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Jack And Vicki Tyler Mechanical Engineering Scholarship Inc has awarded 21 individual grants totaling $264,821. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTED SCHOLARSHIPS FOR TUITION AND BOOKS FOR MECHANICAL ENGINEERING STUDENTS WHO HAVE ESTABLISHED FINANCIAL AID AT THE UNIVERSITY OF TEXAS AT AUSTIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy L Miller Director | 0 | $0 | |
Jeffrey M Tyler Director | 0 | $0 | |
Jack L Tyler III Board Chairm | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,850 |
| Dividends & Interest | $1,948 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,325 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,527 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,693 |
| Printing and publications | $200 |
| Other expenses | $3,455 |
| Total operating and administrative expenses | $8,018 |
| Contributions, gifts, grants paid | $78,206 |
| Total expenses and disbursements | $86,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,895,294 |
| 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, Jack And Vicki Tyler Mechanical Engineering Scholarship Inc has awarded $89,002 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHAPEL AT CROSSPOINT SANTA ROSA PURPOSE: DONATION | $70,000 |
ANDRE RODRIGUEZ PURPOSE: SCHOLARSHIP | $6,334 |
PARTH UPADHVAY PURPOSE: SCHOLARSHIP | $6,334 |
ANDRES NAJERA PURPOSE: SCHOLARSHIP | $6,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Grizzard Family Foundation Inc Stone Mountain, GA | $7,597,688 | $166,630 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Spring Foundation Inc Atlanta, GA | $104,160,284 | -$7,184,259 |
The Scott Hudgens Family Foundation Inc Duluth, GA | $0 | $7,703,530 |