Charles Gordon Northrup Student Loan Fd
- Assets
- $4.3m
- Revenue
- $404.2k
- Investments
- $3.8m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- Data as of
- 09/2023
- EIN
- 86-2385252
Organization Overview
Charles Gordon Northrup Student Loan Fd is located in San Antonio, TX. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Charles Gordon Northrup Student Loan Fd 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, Charles Gordon Northrup Student Loan Fd generated $404.2k 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 (41.5%) each year. All expenses for the organization totaled $321.8k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS ATTENDING UNIVERSITY OF OKLAHOMA, SOUTHERN METHODIST UNIVERSITY OR UNIVERSITY OF COLORADO BOULDER.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,493 |
| Interest on Savings | $0 |
| Dividends & Interest | $134,604 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$77,155 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $329,249 |
| Total Revenue | $404,191 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,599 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,723 |
| Total operating and administrative expenses | $145,654 |
| Contributions, gifts, grants paid | $176,160 |
| Total expenses and disbursements | $321,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $471,228 |
| 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 | $2,456,620 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $13 |
| Total assets | $4,258,049 |
| 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, Charles Gordon Northrup Student Loan Fd has awarded $176,160 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN METHODIST UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIP | $44,790 |
UNIVERSITY OF OKLAHOMA PURPOSE: EDUCATIONAL SCHOLARSHIP | $92,580 |
UNIVERSITY OF COLORADO BOULDER PURPOSE: EDUCATIONAL SHOLARSHIP | $38,790 |