Kenneth V Moncur Memorial Scholarship Fund
- Assets
- $983.9k
- Revenue
- $10.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Miller, SD
- Founding
- 12/2018
- Data as of
- 09/2021
- EIN
- 81-3961385
Organization Overview
Kenneth V Moncur Memorial Scholarship Fund is located in Miller, SD. The organization was established in 2018. 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. Kenneth V Moncur Memorial 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.
For the year ending 09/2021, Kenneth V Moncur Memorial Scholarship Fund generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $72.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kenneth V Moncur Memorial Scholarship Fund has awarded 110 individual grants totaling $147,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,471 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $373 |
| Total Revenue | $10,844 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $434 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14 |
| Total operating and administrative expenses | $949 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $72,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,607 |
| Savings and temporary cash investments | $948,334 |
| 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 | $983,941 |
| 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 | $434 |
| Total liabilities | $434 |
Grants Awarded
Over the last fiscal year, Kenneth V Moncur Memorial Scholarship Fund has awarded $72,000 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
KARST HUNTER PURPOSE: SCHOLARSHIP | $2,000 |
KAILEN KRAUSE PURPOSE: SCHOLARSHIP | $2,000 |
KELBY TRACY PURPOSE: SCHOLARSHIP | $2,000 |
SYDNEY JESSEN PURPOSE: SCHOLARSHIP | $2,000 |
MACKENZIE CAIN PURPOSE: SCHOLARSHIP | $2,000 |
ABIGAIL KETELHUT PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
3m Foundation St Paul, MN | $11,832,463 | $7,120,220 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |
Hugh J Andersen Foundation Bayport, MN | $156,260,583 | $11,255,430 |
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE | $59,544,198 | $8,036,267 |
Hall-Perrine Foundation Cedar Rapids, IA | $140,581,654 | $14,980,430 |
Xcel Energy Foundation Minneapolis, MN | $11,307,736 | $67,424 |
Patrick & Aimee Butler Family Foundation St Paul, MN | $109,951,624 | $8,639,825 |
Henry A Davis Foundation Omaha, NE | $67,081,811 | $59,214,203 |
Charles And Mary Heider Family Foundation Omaha, NE | $4,711,924 | $1,666 |