Roy Scholarship Fund
- Assets
- $571.3k
- Revenue
- -$21.0k
- Investments
- $569.3k
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/1972
- Data as of
- 10/2023
- EIN
- 74-6086969
Organization Overview
Roy Scholarship Fund is located in Birmingham, AL. The organization was established in 1972. 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. Roy 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.
Since 2020, Roy Scholarship Fund has awarded 90 individual grants totaling $125,027. 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 |
|---|---|---|---|
Name Not Listed Trustee | 1 | $5,311 | |
Name Not Listed Trustee | 1 | $4,826 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,862 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,885 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,012 |
| Total Revenue | -$21,011 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,852 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $221 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,073 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $42,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,923 |
| 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 | $569,345 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $571,268 |
| 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, Roy Scholarship Fund has awarded $32,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TEXAS AT SAN ANTONIO PURPOSE: SCHOLARSHIPS | $5,167 |
AUSTIN COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $3,156 |
ST EDWARD'S UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,995 |
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: SCHOLARSHIPS | $6,169 |
UNIVERSITY OF HOUSTON PURPOSE: SCHOLARSHIPS | $5,673 |
TEXAS STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $7,440 |