William & Evelyn Stokes Foundation
- Assets
- $1.7m
- Revenue
- $102.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- Data as of
- 12/2022
- EIN
- 85-2785691
Organization Overview
William & Evelyn Stokes Foundation is located in Cupertino, CA. 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. William & Evelyn Stokes 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, William & Evelyn Stokes Foundation generated $102.3k in total revenue. All expenses for the organization totaled $362.3k during the year ending 12/2022.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $71,129 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,730 |
| Capital Gain Net Income | $29,730 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,465 |
| Total Revenue | $102,330 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $47,301 |
| Contributions, gifts, grants paid | $315,000 |
| Total expenses and disbursements | $362,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,713 |
| Savings and temporary cash investments | $0 |
| 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 | $1,628,652 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,683,365 |
| 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, William & Evelyn Stokes Foundation has awarded $315,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MATHEMATICS EDUCATION TRUST CO NCTM PURPOSE: NCTM (NATIONAL COUNCIL OF TEACHERS OF MATHEMATICS) 501(C)(3) FUNDS WERE USED FOR STIPENDS TO PUBLIC/PRIVATE SCHOOL MATHEMATICS TEACHERS WHO ARE MEMBERS OF THE NCTM TO ATTEND MATHEMATICS CONFERENCES TO EXPAND THEIR TEACHING SKILLS AND CONTENT KNOWLEDGE AND FOR COLLEGE TUITION FOR NCTM MEMBER TEACHERS PURSING ADVANCED TEACHING DEGREES IN MATHEMATICS. | $25,000 |
CHILDREN'S HEALTH COUNCIL-SAND HILL PURPOSE: CHILDREN'S HEALTH COUNCIL (501(C)((3) FUNDS WERE USED TO PROVIDE SAND HILL SCHOOL CLASSROOMS NEW MATHEMATICS MATERIALS AND FOR TEACHER TRAINING TO USE THESE NEW MATERIALS. | $40,000 |
BALL STATE UNIVERSITY FOUNDATION PURPOSE: THE $250,000 GIFTED IN 2022 WAS DIRECTED TO TWO SCHOLARSHIP PROGRAMS THROUGH THE TEACHERS COLLEGE.$200,000 FOR THE WILLIAM & EVELYN STOKES FOUNDATION MATHEMATICS EDUCATORS SCHOLARSHIP FUND FOR SCHOLARSHIPS TO UNDER-RESOURCED/ECONOMICALLY CHALLENGED UNDERGRADUATE STUDENTS PURSUING A DEGREE AND TEACHING CERTIFICATION WITH A FOCUS ON MATHEMATICS.$50,000 FOR THE WILLIAM & EVELYN STOKES FOUNDATION ART EDUCATORS SCHOLARSHIP FUND FOR SCHOLARSHIPS TO UNDER-RESOURCED/ECONOMICALLY CHALLENGED UNDERGRADUATE STUDENTS PURSUING A DEGREE AND TEACHING CERTIFICATION WITH A FOCUS ON ART. | $250,000 |