Urquhart Memorial Foundation
- Assets
- $161.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 81-0556451
Organization Overview
Urquhart Memorial Foundation is located in Phoenix, AZ. The organization was established in 2002. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urquhart Memorial 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 12/2022, Urquhart Memorial Foundation generated $51.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $54.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION RECEIVED APPROXIMATELY $50,000 IN TOTAL DONATIONS FOR THE YEAR OF 2022. THIS WAS ACCOMPLISHED BY SOLICITED AND UNSOLICITED DONATIONS FROM OUR DONOR BASE. WE WERE ABLE TO GIVE 22 STUDENTS A TOTAL OF $47,500 IN SCHOLARSHIP DOLLARS. THEY HELD A VIRTUAL MEETING WITH SCHOLARSHIP RECIPIENTS DUE TO THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Allen Board Member | 0.2 | $0 | |
Alexandria J Boone Board Member | 0.2 | $0 | |
Edwin A Hill Board Member | 0.2 | $0 | |
Dr Brenda P Alston-Mills Board Member | 0.2 | $0 | |
Tracy Church Board Member | 0.2 | $0 | |
Karlynne Hathaway Board Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,438 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,345 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $81 |
| Other expenses | $2,768 |
| Total expenses | $54,694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,500 |
| Other assets | $0 |
| Total assets | $161,500 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,500 |