Merchants Exchange Scholarship Fund is located in Portland, OR. The organization was established in 2004. 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. Merchants Exchange 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 09/2023, Merchants Exchange Scholarship Fund generated $12.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $8.0k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE COLLEGE SCHOLARSHIPS FOR STUDY OF INTERNATIONAL TRADE AND TRANSPORTATION. DURING 2022 FISCAL YEAR THE ORGANIZATION AWARDED FIVE SCHOLARSHIPS TOTALING 8,000.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Scott President | 1 | $0 | |
Randy Fisher Vice Preside | 1 | $0 | |
Hannah Zaayer Secretary/tr | 1 | $0 | |
Rebecca Henderson Director | 1 | $0 | |
Samantha Shaver Director | 1 | $0 | |
Greg Zanavich Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,498 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,824 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,322 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34 |
| Total expenses | $8,034 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,882 |
| Other assets | $0 |
| Total assets | $78,882 |
| Total liabilities | $500 |
| Net assets or fund balances | $78,382 |