All Saints Scholarship Fund is located in Virginia Beach, VA. The organization was established in 1993. 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. All Saints 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 03/2024, All Saints Scholarship Fund generated $53.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $64.4k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, All Saints Scholarship Fund has awarded 15 individual grants totaling $377,460. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES UNDERGRADUATE AND GRADUATE COLLEGE SCHOLARSHIPS. DURING THE FISCAL YEAR, SCHOLARSHIPS WERE AWARDED TO 42 INDIVIDUAL STUDENTS.
THE ORGANIZATION APPROVED 4 GRANTS TO SUPPORT VARIOUS ACTIVITIES: TWO FOR HIGH SCHOOL STUDENTS TO TRAIN WITH THE CHOIR; ONE TO ASSIST A CHURCH EMPLOYEE WITH THE COST OF ATTENDING SEMINARY; ONE FOR A CHURCH EMPLOYEE TO ATTEND A MUSIC CONFERENCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franklin P Earley Treasurer | 0 | $0 | |
Sally Mcmahon Secretary | 0 | $0 | |
David Howell Director | 0 | $0 | |
Jeanne Hoerr Chairperson | 0 | $0 | |
Laura Hoots Director | 0 | $0 | |
Barbara Woodlee Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $29,599 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,957 |
| Capital Gain Net Income | $23,957 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $666 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $295 |
| Total operating and administrative expenses | $6,145 |
| Contributions, gifts, grants paid | $58,250 |
| Total expenses and disbursements | $64,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,280 |
| 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 | $760,914 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $229 |
| Total assets | $830,423 |
| 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 |
Over the last fiscal year, All Saints Scholarship Fund has awarded $58,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
42 INDIVIDUALS PURPOSE: COLLEGE SCHOLARSHIPS | $55,000 |
ANNE ZOBEL PURPOSE: RELIGIOUS EDUCATION | $750 |
COLIN DOHERTY PURPOSE: MUSIC EDUCATION | $500 |
ALL SAINTS EPISCOPAL CHURCH PURPOSE: MUSIC EDUCATION | $2,000 |