Fred T & John H Steffens Scholar Ship Trust
- Assets
- $317.5k
- Revenue
- $13.0k
- Investments
- $311.4k
- Employees
- 0
- Location
- Phillipsburg, KS
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 48-6346084
Organization Overview
Fred T & John H Steffens Scholar Ship Trust is located in Phillipsburg, KS. The organization was established in 1996. 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. Fred T & John H Steffens Scholar Ship Trust 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 12/2022, Fred T & John H Steffens Scholar Ship Trust generated $13.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $19.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fred T & John H Steffens Scholar Ship Trust has awarded 44 individual grants totaling $114,270. 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
SCHOLARSHIPS TO 5 INSTITUTIONS OF HIGHER LEARNINGS FOR 19 STUDENTS SELECTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
First National Bank Trust Trustee | 1 | $2,409 | |
Karin I Patton Trustee | 0 | $100 | |
Cody Miller Trustee | 0 | $100 | |
Stacye Redinger Trustee | 0 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,726 |
| Dividends & Interest | $3,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,451 |
| Capital Gain Net Income | $2,451 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,027 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,709 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $218 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,426 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $19,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135 |
| Savings and temporary cash investments | $6,010 |
| 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 | $251,566 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $317,527 |
| 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, Fred T & John H Steffens Scholar Ship Trust has awarded $16,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
KS UNIVERSITY PURPOSE: SCHOLARSHIP FOR 1 STUDENT. | $1,000 |
FORT HAYS STATE UNIV PURPOSE: SCHOLARSHIP FOR 8 STUDENTS | $6,500 |
KANSAS STATE UNIVERSITY PURPOSE: SCHOLARSHIP FOR 6 STUDENTS. | $6,000 |
WASHBURN UNIVERSITY PURPOSE: SCHOLARSHIP FOR 3 STUDENTS | $1,500 |
BARTON COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP FOR 1 STUDENTS | $1,000 |