C V Holland Maybelle Holland & John Holland Scholarship Fund
- Assets
- $361.2k
- Revenue
- $26.5k
- Investments
- $353.5k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 01/1979
- Data as of
- 05/2024
- EIN
- 62-6141452
Organization Overview
C V Holland Maybelle Holland & John Holland Scholarship Fund is located in Birmingham, AL. The organization was established in 1979. 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. C V Holland Maybelle Holland & John Holland 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 05/2024, C V Holland Maybelle Holland & John Holland Scholarship Fund generated $26.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $23.8k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regions Bank Trustee | 2 | $5,742 | |
Jim Henry Board Member | 1 | $0 | |
Dan Lawson Board Member | 1 | $0 | |
Harry Brittain Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,913 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,435 |
| Capital Gain Net Income | $14,435 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $117 |
| Total Revenue | $26,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,742 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,849 |
| Contributions, gifts, grants paid | $17,000 |
| Total expenses and disbursements | $23,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,713 |
| 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 | $353,458 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $361,171 |
| 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, C V Holland Maybelle Holland & John Holland Scholarship Fund has awarded $16,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
TREVECCA NAZARENE UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |
VANDERBILT UNIVERSITY PURPOSE: SCHOLARSHIP | $1,000 |
AUSTIN PEAY STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |
DIXIE STATE UNIVERSITY PURPOSE: SCHOLARSHIP AWARD | $500 |
LIPSCOMB UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |
BERRY COLLEGE PURPOSE: SCHOLARSHIPS | $500 |