Homer A Scott And Mildred S Scott Foundation
- Assets
- $25.6m
- Revenue
- $2.5m
- Investments
- $18.5m
- Employees
- 0
- Location
- Sheridan, WY
- Founding
- 02/1983
- Data as of
- 02/2024
- EIN
- 74-2250381
Organization Overview
Homer A Scott And Mildred S Scott Foundation is located in Sheridan, WY. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homer A Scott And Mildred S Scott Foundation 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 02/2024, Homer A Scott And Mildred S Scott Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.9m during the year ending 02/2024. While expenses have increased by 8.9% per year over the past 4 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, Homer A Scott And Mildred S Scott Foundation has awarded 271 individual grants totaling $11,638,372. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 0 | $100,530 | |
Jenny Craft Exec. Dir. | 40 | $119,500 | |
Michelle Sullivan Trustee | 0 | $0 | |
Erin Kilbride Trustee | 0 | $0 | |
Arin Waddell Board Chair | 0 | $0 | |
Jeremy Scott Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $687,431 |
| Net Rental Income | $58,050 |
| Net Gain on Sale of Assets | $397,218 |
| Capital Gain Net Income | $397,218 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,581 |
| Total Revenue | $2,453,280 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $220,030 |
| Other employee salaries and wages | $50,496 |
| Pension plans, employee benefits | $18,455 |
| Interest | $0 |
| Taxes | $16,627 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $555,104 |
| Total operating and administrative expenses | $912,610 |
| Contributions, gifts, grants paid | $997,600 |
| Total expenses and disbursements | $1,910,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,201,663 |
| Savings and temporary cash investments | $0 |
| 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 | $3,630,702 |
| Net Land, buildings, and equipment | $2,926,377 |
| Other assets | $0 |
| Total assets | $25,635,565 |
| 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, Homer A Scott And Mildred S Scott Foundation has awarded $997,600 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
ALTERNATIVE ELDER CARE-GREEN HOUSE LIVING PURPOSE: OPERATIONAL SUPPORT | $100,000 |
ANTELOPE BUTTE FOUNDATION PURPOSE: ANTELOPE BUTTE MUSIC ARTS SUMMIT SPONSORSHIP | $500 |
BIG BROTHERS BIG SISTERS PURPOSE: OPERATIONAL SUPPORT | $22,750 |
BLACK MOUNTAIN NORDIC SKI PURPOSE: CUTLER CREEK HILL WARMING HUT | $10,000 |
BOTH HANDS FOUNDATION PURPOSE: 2023 DISCRETIONARY GIFT-SHERIDAN, WYOMING ROBSON ACADEMY | $1,000 |
BRADFORD BRINTON PURPOSE: BRINTON GALA SPONSORSHIP-ED DISCRETIONARY | $1,400 |