Robert Anthony Federowicz Scholarship Fund
- Assets
- $1.2m
- Revenue
- $7.1k
- Investments
- $954.4k
- Employees
- 0
- Location
- Springfield, MA
- Founding
- Data as of
- 12/2022
- EIN
- 84-7027141
Organization Overview
Robert Anthony Federowicz Scholarship Fund is located in Springfield, MA. 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. Robert Anthony Federowicz 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 12/2022, Robert Anthony Federowicz Scholarship Fund generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (58.6%) each year. All expenses for the organization totaled $154.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Ziemba Trustee | 2 | $39,547 | |
Maureen Ziemba Trustee | 2 | $0 | |
George Gosselin Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $40,901 |
| Interest on Savings | $34 |
| Dividends & Interest | $16,636 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$50,455 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,116 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,547 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,019 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,794 |
| Printing and publications | $0 |
| Other expenses | $1,062 |
| Total operating and administrative expenses | $55,600 |
| Contributions, gifts, grants paid | $99,000 |
| Total expenses and disbursements | $154,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,444 |
| Savings and temporary cash investments | $202,547 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $515 |
| 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 | $954,364 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,239,870 |
| 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, Robert Anthony Federowicz Scholarship Fund has awarded $130,719 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ST STANISLAUS SCHOOL PURPOSE: FINANCIAL AID | $40,000 |
ST STANISLAUS SCHOOL PURPOSE: TECHNOLOGY | $29,500 |
ST STANISLAUS SCHOOL PURPOSE: FACULTY SUPPORT | $61,219 |