The Dorothy M Friend Scholarship Fund
- Assets
- $1.3m
- Revenue
- $48.1k
- Investments
- $1.2m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 09/1993
- Data as of
- 12/2023
- EIN
- 57-6139022
Organization Overview
The Dorothy M Friend Scholarship Fund is located in Las Vegas, NV. 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. Dorothy M Friend 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 12/2023, Dorothy M Friend Scholarship Fund generated $48.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $86.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Dorothy M Friend Scholarship Fund has awarded 95 individual grants totaling $371,686. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,367 |
| Capital Gain Net Income | $8,367 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $599 |
| Total Revenue | $48,068 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,197 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $438 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $25,026 |
| Contributions, gifts, grants paid | $61,694 |
| Total expenses and disbursements | $86,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260 |
| Savings and temporary cash investments | $50,521 |
| 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 | $1,217,958 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,268,739 |
| 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 Dorothy M Friend Scholarship Fund has awarded $61,694 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
WINTHROP UNIV FBO TANNER BALL PURPOSE: SCHOLARSHIP | $1,000 |
CLEMSON UNIV FBO ELLENOR BURRELL PURPOSE: SCHOLARSHIP | $2,762 |
GEORGIA TECH FBO ANGIE DIAZ HERNANDEZ PURPOSE: SCHOLARSHIP | $1,000 |
CLEMSON UNIV FBO SARAH EBENHACK PURPOSE: SCHOLARSHIP | $1,000 |
CLEMSON UNIV FBO ELLIOTT GRAY PURPOSE: SCHOLARSHIP | $2,762 |
CLEMSON UNIV FBO SIMON GRAY PURPOSE: SCHOLARSHIP | $3,250 |