Howard & Edna Postles Scholarship Fund 2000094
- Assets
- $979.6k
- Revenue
- $28.8k
- Investments
- $948.2k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1990
- Data as of
- 12/2023
- EIN
- 51-6169946
Organization Overview
Howard & Edna Postles Scholarship Fund 2000094 is located in Pittsburgh, PA. The organization was established in 1990. 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. Howard & Edna Postles Scholarship Fund 2000094 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, Howard & Edna Postles Scholarship Fund 2000094 generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $64.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Howard & Edna Postles Scholarship Fund 2000094 has awarded 143 individual grants totaling $356,746. 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
PROVIDED SCHOLARSHIPS TO 26 STUDENTS AT 14 UNIVERSITIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,486 |
| Capital Gain Net Income | $3,486 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $615 |
| Total Revenue | $28,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,805 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,000 |
| Total operating and administrative expenses | $17,019 |
| Contributions, gifts, grants paid | $47,520 |
| Total expenses and disbursements | $64,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,373 |
| 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 | $948,196 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $979,569 |
| 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, Howard & Edna Postles Scholarship Fund 2000094 has awarded $47,520 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ASHER TIMMONS PURPOSE: SCHOLARSHIP | $2,970 |
COLE GARLICK PURPOSE: SCHOLARSHIP | $2,970 |
ANTOINE GRAVAT PURPOSE: SCHOLARSHIP | $2,970 |
MADISON DRAKE PURPOSE: SCHOLARSHIP | $2,970 |
BRYCE GREENLY PURPOSE: SCHOLARSHIP | $2,970 |
KRISTEN GREENLY PURPOSE: SCHOLARSHIP | $2,970 |