Terrell H Dunnavant Scholarship Fund Inc
- Assets
- $1.0k
- Revenue
- $26.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dillwyn, VA
- Founding
- 03/2004
- Data as of
- 12/2023
- EIN
- 61-1417298
Organization Overview
Terrell H Dunnavant Scholarship Fund Inc is located in Dillwyn, VA. The organization was established in 2004. 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. Terrell H Dunnavant Scholarship Fund Inc 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, Terrell H Dunnavant Scholarship Fund Inc generated $26.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $26.0k during the year ending 12/2023. While expenses have increased by 0.6% per year over the past 3 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 2021, Terrell H Dunnavant Scholarship Fund Inc has awarded 34 individual grants totaling $239,500. 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
MS. KYRA JOHNSON 4118 BELL ROAD, DILLWYN, VA 23936 UNDERGRATUDATE SCHOLARSHIP WINNER (LONGWOOD UNIVERSITY)
MR. RONALD CARRICATO III 304 CRESTVIEW DRIVE, FARMVILLE, VA 23901 UNDERGRADUATE SCHOLARSHIP WINNER (LONGWOOD UNIVERSITY)
MS. AMIL BOLDEN 2096 SEVEN ELEVEN ROAD, CUMBERLAND, VA 23040 UNDERGRADUATE SCHOLARSHIP WINNER (HOWARD UNIVERSITY)
MR. LUCAS GEE 1275 HOLLAND ROAD, FARMVILLE, VA 23901 UNDERGRATUATE SCHOLARSHIP WINNER (UNIVERSITY OF SOUTH CAROLINA)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy B Dixon Officer | 0 | $0 | |
Casey P Diamond Officer | 0 | $0 | |
Ron D Hudgins Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $25 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $26,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,025 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,025 |
| 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, Terrell H Dunnavant Scholarship Fund Inc has awarded $75,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MS AMIL BOLDEN PURPOSE: TUITION SCHOLARSHIP | $4,000 |
MR NATHAN BRICKHILL PURPOSE: TUITION SCHOLARSHIP | $4,000 |
MS MORGAN SMALL PURPOSE: TUITION SCHOLARSHIP | $4,000 |
MR LUCAS GEE PURPOSE: TUITION SCHOLARSHIP | $4,000 |
MR RONALD CARRICATO III PURPOSE: TUITION SCHOLARSHIP | $5,000 |
MS KYRA JOHNSON PURPOSE: TUITION SCHOLARSHIP | $5,000 |