Shewmaker Family Scholarship Trust
- Assets
- $94.0k
- Revenue
- $2.7k
- Investments
- $91.2k
- Employees
- 0
- Location
- Bentonville, AR
- Founding
- 11/1985
- Data as of
- 10/2022
- EIN
- 71-6121895
Organization Overview
Shewmaker Family Scholarship Trust is located in Bentonville, AR. The organization was established in 1985. 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. Shewmaker Family Scholarship Trust 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 10/2022, Shewmaker Family Scholarship Trust generated $2.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $10.7k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,109 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $556 |
| Capital Gain Net Income | $556 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,378 |
| Contributions, gifts, grants paid | $9,350 |
| Total expenses and disbursements | $10,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,823 |
| 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 | $93,983 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,364 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,364 |
Grants Awarded
Over the last fiscal year, Shewmaker Family Scholarship Trust has awarded $9,350 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
TYLER CRANE - MISSOURI STATE UNIVER PURPOSE: EDUCATIONAL/SCHOLARSHIP | $2,000 |
EMILY RICE - SOUTHWEST BAPTIST UNIV PURPOSE: EDUCATIONAL/SCHOLARSHIP | $1,750 |
MADELINE JACOBS - MISSOURI STATE UN PURPOSE: EDUCATIONAL/SCHOLARSHIP | $1,250 |
ISABELLA YOUNG - MISSOURI STATE UNI PURPOSE: EDUCATIONAL/SCHOLARSHIP | $1,000 |
BRYAN VALENCIA DRURY UNIVERSITY PURPOSE: EDUCATIONAL/SCHOLARSHIP | $850 |
GENEVA MCDANIEL - MISSOURI STATE UN PURPOSE: EDUCATIONAL/SCHOLARSHIP | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
Woodward Hines Education Foundation Jackson, MS | $222,031,290 | $28,726,652 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |