Charles H Feoppel Education Loan Trust
- Assets
- $3.3m
- Revenue
- $96.7k
- Investments
- $3.1m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 09/1989
- Data as of
- 12/2022
- EIN
- 55-6107185
Organization Overview
Charles H Feoppel Education Loan Trust is located in Columbus, OH. The organization was established in 1989. 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. Charles H Feoppel Education Loan 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, Charles H Feoppel Education Loan Trust generated $96.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.7%) each year. All expenses for the organization totaled $261.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Charles H Feoppel Education Loan Trust has awarded 35 individual grants totaling $617,786. 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
MAKING NEW LOANS TO QUALIFIED INDIVIDUALS FOR EDUCATION (NEW LOANS IN THE AMOUNT OF $298,250.00 ARE INCLUDED IN LOANS RECEIVABLE)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Can Officer | 1 | $0 | |
Marjorie Greer Officer | 1 | $0 | |
Wendy Imperial Officer | 1 | $0 | |
Huntington National Bank Trustee | 1 | $48,563 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $77,015 |
| Net Rental Income | $9,230 |
| Net Gain on Sale of Assets | $10,456 |
| Capital Gain Net Income | $10,456 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $96,701 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,563 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,886 |
| Total operating and administrative expenses | $56,703 |
| Contributions, gifts, grants paid | $204,500 |
| Total expenses and disbursements | $261,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $180,859 |
| 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 | $2,868 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,299,001 |
| 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, Charles H Feoppel Education Loan Trust has awarded $204,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
WEST VIRGINIA WESLEYAN COLLEGE PURPOSE: SCHOLARSHIPS | $11,000 |
UNIVERSITY OF PITTSBURGH PURPOSE: SCHOLARSHIPS | $3,500 |
TARLETON STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,500 |
MARSHALL UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,500 |
FAIRMONT STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $40,500 |
GLENVILLE STATE COLLEGE PURPOSE: SCHOLARSHIPS | $4,500 |