The W C English Scholarship Foundation
- Assets
- $408.5k
- Revenue
- $33.7k
- Investments
- $402.3k
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 08/1993
- Data as of
- 12/2023
- EIN
- 54-1658362
Organization Overview
The W C English Scholarship Foundation is located in Lynchburg, 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. W C English 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 12/2023, W C English Scholarship Foundation generated $33.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $44.3k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, W C English Scholarship Foundation has awarded 368 individual grants totaling $430,350. 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
EDUCATIONAL SCHOLARSHIPS GRANTED TO QUALIFIED STUDENTS ATTENDING TWO OR FOUR YEAR ACCREDITED INSTITUATIONS WITH A PREFERENCE FOR FOUR YEAR PROGRAMS. 52 SCHOLARSHIPS GRANTED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Douglas Dalton Jr Director & President | 1 | $0 | |
Beverley E Dalton Director & Sec. Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17 |
| Dividends & Interest | $25,587 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,060 |
| Capital Gain Net Income | $8,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $598 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $598 |
| Contributions, gifts, grants paid | $43,700 |
| Total expenses and disbursements | $44,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,159 |
| 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 | $1,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $408,478 |
| 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, The W C English Scholarship Foundation has awarded $43,700 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
HENRY BLANTON IV PURPOSE: EDUCATIONAL SCHOLARSHIP | $600 |
EMMA DALTON PURPOSE: EDUCATIONAL SCHOLARSHIP | $900 |
SAMUEL DALTON PURPOSE: EDUCATIONAL SCHOLARSHIP | $750 |
JAYDEN DELEON PURPOSE: EDUCATIONAL SCHOLARSHIP | $600 |
BRAEDON EWERS PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,600 |
LODEN EWERS PURPOSE: EDUCATIONAL SCHOLARSHIP | $600 |