Miranda Genese Hill Scholarship Fund
- Assets
- $1.1k
- Revenue
- $182.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, TN
- Founding
- Data as of
- 12/2022
- EIN
- 87-2447421
Organization Overview
Miranda Genese Hill Scholarship Fund is located in Newport, TN. 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. Miranda Genese Hill 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, Miranda Genese Hill Scholarship Fund generated $182.5k in total revenue. All expenses for the organization totaled $181.4k during the year ending 12/2022. While expenses have increased by 101.1% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS TO STUDENTS ALONG WITH NECESSARY EXPENSES. CONTRIBUTIONS ARE ALSO GIVEN TO COMMUNITY ORGANIZATIONS AND CHURCHES FOR CHILDREN'S FUNDRAISERS AND FOOD DISTRIBUTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Stewart President | 1 | $0 | |
Kim Strange Secretary | 1 | $0 | |
Madyson Stuart Treasurer | 5 | $0 | |
Derek Driskill Board Member | 1 | $0 | |
Lisa Dorsey Pruitt Board Member | 1 | $0 | |
Roger Ramsey Jr Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $182,481 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $182,481 |
| 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 | $61,706 |
| Total operating and administrative expenses | $61,756 |
| Contributions, gifts, grants paid | $119,619 |
| Total expenses and disbursements | $181,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,112 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,112 |
| 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, Miranda Genese Hill Scholarship Fund has awarded $113,252 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TENNESSEE FOUNDATION PURPOSE: SCHOLARSHIP ENDOWMENT | $25,000 |
EAST TENNESSEE STATE UNIVERSITY PURPOSE: ROAN SCHOLARS LEADERSHIP ENDOWMENT | $25,000 |
WALTERS STATE COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP ENDOWMENT | $25,000 |
SECOND HARVEST FOOD BANK PURPOSE: FOOD DISTRIBUTION | $27,500 |
MADYSON STUART PURPOSE: SCHOLARSHIP | $1,568 |
COCKE COUNTY HIGHSCHOOL PURPOSE: CCHS CHOIR TRIP TO CARNEGIE HALL | $3,780 |