Fleischer Scholars Foundation
- Assets
- $1.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Paradise Valley, AZ
- Founding
- Data as of
- 12/2023
- EIN
- 87-3848551
Organization Overview
Fleischer Scholars Foundation is located in Paradise Valley, AZ. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Fleischer Scholars Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Fleischer Scholars Foundation has awarded 11 individual grants totaling $1,124,919. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S PRIMARY PURPOSE IS TO RAISE FUNDS FOR THE PROMOTION AND DEVELOPMENT OF THE SCHOLARS PROGRAM BY PARTNERING WITH COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SCHOLARS PROGRAM WORKS WITH HIGH SCHOOL STUDENTS TO ENCOURAGE ENTREPRENEURIAL SPIRIT AND AN UNDERSTANDING OF THE CAPITALIST PHILOSOPHY OF THE ECONOMIC SYSTEM IN THE UNITED STATES BY PARTNERING WITH COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES. THE PURPOSE IS TO BRING ECONOMICALLY DISADVANTAGED YOUTHS INTO THE MAINSTREAM OF AMERICAN SOCIETY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morton Fleischer Ceo/chairman/treasurer | OfficerTrustee | 10 | $0 |
Melissa Trujillo Director | Trustee | 1 | $0 |
Joshua Valdez-Elizetxe Director | Trustee | 1 | $0 |
Gary Head Director | Trustee | 1 | $0 |
Quentin Smith Director | Trustee | 1 | $0 |
Amy Hillman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,280,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,280,056 |
| Total Program Service Revenue | $0 |
| Investment income | $49,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $41 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,329,886 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $807,810 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,229 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,666 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,612 |
| Fees for services: Accounting | $13,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300,967 |
| Advertising and promotion | $24,710 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,881 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $33,830 |
| Total functional expenses | $1,247,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,303 |
| Savings and temporary cash investments | $1,702,092 |
| Pledges and grants receivable | $125,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,878,395 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,753,395 |
| Net assets with donor restrictions | $125,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,878,395 |
Grants Awarded
Over the last fiscal year, Fleischer Scholars Foundation has awarded $807,810 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: FLEISCHER BRIDGE PROGRAM; ASU ENDOWED POSITION | $192,015 |
UNIVERSITY OF LAVERNE PURPOSE: FLEISCHER SCHOLARS PROGRAM | $50,000 |
NAF ACADEMY PURPOSE: FLEISCHER SCHOLARS PROGRAM | $485,000 |
NAU FOUNDATION PURPOSE: FLEISCHER SCHOLARS PROGRAM- 8 STUDENTS | $28,765 |
CSUSB PHILANTHROPIC FOUNDATION PURPOSE: FLEISCHER SCHOLARS PROGRAM | $24,000 |
PURDUE UNIVERSITY PURPOSE: FLEISCHER SCHOLARS PROGRAM | $28,030 |