Elizabeth Buford Shepherd Scholarship Committee
- Assets
- $1.2m
- Revenue
- $47.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 03/1959
- Data as of
- 12/2023
- EIN
- 62-6047221
Organization Overview
Elizabeth Buford Shepherd Scholarship Committee is located in Birmingham, AL. The organization was established in 1959. 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. Elizabeth Buford Shepherd Scholarship Committee 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, Elizabeth Buford Shepherd Scholarship Committee generated $47.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $87.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Elizabeth Buford Shepherd Scholarship Committee has awarded 128 individual grants totaling $378,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Burnett Committee Member | 1 | $650 | |
Brent Tener Committee Member | 1 | $650 | |
Regions Bank Trust Dept Trustee | 1 | $8,263 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,551 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,400 |
| Capital Gain Net Income | $2,400 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,054 |
| Total Revenue | $47,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,563 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $523 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,086 |
| Contributions, gifts, grants paid | $76,500 |
| Total expenses and disbursements | $87,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,431 |
| 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 | $1,203,129 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,236,560 |
| 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, Elizabeth Buford Shepherd Scholarship Committee has awarded $76,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
THE COLLEGE OF WILLIAM & MARY PURPOSE: SCHOLARSHIPS | $1,500 |
TENNESSEE TECHNOLOGICAL UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,500 |
UNIVERSITY OF CHICAGO PURPOSE: SCHOLARSHIPS | $1,500 |
UNIVERSITY OF SOUTH CAROLINA PURPOSE: SCHOLARSHIPS | $1,500 |
UNIVERSITY OF MISSISSIPPI PURPOSE: SCHOLARSHIPS | $3,000 |
UTHSC COLLEGE OF PHARMACY PURPOSE: SCHOLARSHIPS | $3,000 |