Western Stock Show Association Scholarship Trust
- Assets
- $15.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 06/2002
- Data as of
- 03/2022
- EIN
- 84-1585625
Organization Overview
Western Stock Show Association Scholarship Trust is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (T30) the organization is classified as: Public 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. Western Stock Show Association Scholarship Trust 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 03/2022, Western Stock Show Association Scholarship Trust generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $705.8k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE DEVELOPMENT OF YOUTH INTEREST IN WORKING IN AGRICULTURE AND LIVESTOCK PRODUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL WESTERN SCHOLARSHIP PROGRAM - FUNDED SCHOLARSHIPS TO OVER 100 STUDENTS AT 12 EDUCATIONAL INSTITUTIONS. SCHOLARSHIPS FUNDED RANGED IN AMOUNT FROM $1,000 TO $6,500 PER STUDENT. SEVERAL ADDITIONAL SCHOLARSHIPS WERE ALSO FUNDED PURSUANT TO SEPARATE FUNDS ESTABLISHED BY THE ASSOCIATION IN THE HONOR OF WILLARD SIMMS (THE WILLARD SIMMS MEMORIAL JOURNALISM AWARD), AND BY THE COURTENAY C. DAVIS FOUNDATION IN HONOR OF CLIFFORD P. HANSEN.
JUNIOR LIVESTOCK AUCTION SCHOLARSHIP AWARDS - FUNDED PREMIER EXHIBITOR SCHOLARSHIPS OF $1,000 TO $2,000 TO EACH GRAND CHAMPION EXHIBITOR OF THE YOUTH EQUESTRIAN SHOWCASE.
OTHER PROGRAM SERVICE EXPENSE - THESE EXPENSES REPRESENT VARIOUS OTHER EXPENSES DIRECTLY PROGRAM/EVENT RELATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Cage Chairman | OfficerTrustee | 1 | $0 |
Jj Ament Trustee | Trustee | 1 | $0 |
Pat Shaw Trustee | Trustee | 1 | $0 |
Paul Andrews Trustee | Trustee | 1 | $0 |
Jen Livsey Trustee | Trustee | 1 | $0 |
George Eidsness Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $720,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $720,907 |
| Total Program Service Revenue | $0 |
| Investment income | $281,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $204,399 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,206,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,000 |
| Grants and other assistance to domestic individuals. | $531,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,215 |
| Pension plan accruals and contributions | $1,749 |
| Other employee benefits | $8,006 |
| Payroll taxes | $3,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $80,846 |
| Fees for services: Other | $12,700 |
| Advertising and promotion | $0 |
| Office expenses | $1,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,469 |
| All other expenses | $0 |
| Total functional expenses | $705,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,884 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $14,328,929 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $670,370 |
| Total assets | $15,218,183 |
| Accounts payable and accrued expenses | $13,000 |
| Grants payable | $53,257 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $66,257 |
| Net assets without donor restrictions | $15,034,425 |
| Net assets with donor restrictions | $117,501 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,218,183 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Western Stock Show Association Scholarship Trust has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Cross H Foundation Wilmington, DE PURPOSE: CHARITABLE EVENT | $5,000 |
Endowment Analysis
| Beg. Balance | $101,126 |
| Ending Balance | $101,126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
Impact Investing Charitable Foundation Inc Overland Park, KS | $59,629,063 | $92,847,262 |
Nebraska Philanthropic Trust Omaha, NE | $2,416,213 | $1,885,786 |
Omni Behavioral Health Omaha, NE | $19,278,605 | $23,477,571 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |