Frank A & Gladys F Chamberlain Scholarship Fund
- Assets
- $915.0k
- Revenue
- $50.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockwall, TX
- Founding
- 11/2010
- Data as of
- 07/2023
- EIN
- 75-6234715
Organization Overview
Frank A & Gladys F Chamberlain Scholarship Fund is located in Rockwall, TX. The organization was established in 2010. 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. Frank A & Gladys F Chamberlain 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 2015, Frank A & Gladys F Chamberlain Scholarship Fund has awarded 129 individual grants totaling $354,023. 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 |
|---|---|---|---|
Bank Of America Trustee | 1 | $0 | |
Dr James Hurley - President Selection Committee | 1 | $0 | |
Kathy Hampton - Superintendent Selection Committee | 1 | $0 | |
Melissa Summers - Superintendent Selection Committee | 1 | $0 | |
American National Bank Of Texas Successor Trustee | 1 | $9,426 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $32,429 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,700 |
| Capital Gain Net Income | $17,700 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,129 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,426 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,860 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $140 |
| Total operating and administrative expenses | $18,121 |
| Contributions, gifts, grants paid | $44,940 |
| Total expenses and disbursements | $63,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $100,177 |
| 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 | $814,773 |
| Total assets | $914,950 |
| 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, Frank A & Gladys F Chamberlain Scholarship Fund has awarded $44,940 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS TECH HEALTH SCIENCES CENTER F PURPOSE: COLLEGE SCHOLARSHIP | $3,477 |
TARLETON STATE UNIVERSITY FBO HANNA PURPOSE: COLLEGE SCHOLARSHIP | $3,210 |
TARLETON STATE UNIVERSITY FBO MADIS PURPOSE: COLLEGE SCHOLARSHIP | $3,210 |
TARLETON STATE UNIVERSITY FBO VERON PURPOSE: COLLEGE SCHOLARSHIP | $3,210 |
TARLETON STATE UNIVERSITY FBO STEPH PURPOSE: COLLEGE SCHOLARSHIP | $3,210 |
TARLETON STATE UNIVERSITY FBO ODALY PURPOSE: COLLEGE SCHOLARSHIP | $3,210 |