Katherine And Louise Mckean Memorial Scholarship Fund
- Assets
- $49.5k
- Revenue
- -$155.0
- Investments
- $49.0k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 12/2001
- Data as of
- 12/2022
- EIN
- 63-1261672
Organization Overview
Katherine And Louise Mckean Memorial Scholarship Fund is located in Mobile, AL. The organization was established in 2001. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Katherine And Louise Mckean Memorial 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Mckean Sr Managing Director | 0 | $0 | |
David W Mckean Jr Director | 0 | $0 | |
Michael Mckean Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $179 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$334 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$155 |
| 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 | $879 |
| Total operating and administrative expenses | $879 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $2,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $493 |
| 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 | $49,454 |
| 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, Katherine And Louise Mckean Memorial Scholarship Fund has awarded $3,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MCGILL-TOOLEN CATHOLIC HIGH SCHOOL PURPOSE: SCHOLARSHIP | $1,500 |
ST IGNATIUS PURPOSE: SCHOLARSHIP | $1,500 |