Soderstrom Scholars Fund Inc is located in Greenwich, CT. 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. Soderstrom Scholars Fund Inc 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 12/2023, Soderstrom Scholars Fund Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (70.3%) each year. All expenses for the organization totaled $11.9k during the year ending 12/2023. 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
FORMATION OF BOARD OF DIRECTORS AND SUBCOMMITTEES FOCUSING ON IMPLEMENTATION OF THREE PROGRAMS: SCHOLARSHIPS TO DESERVING STUDENTS OF $2,500 A YEAR FOR TWO YEARS; INTERNSHIP OPPORTUNITIES TO THOSE STUDENTS AT ORGANIZATIONS IN CT DOING WORK IN STEM; MENTORING TO THOSE STUDENTS BY CT PROFESSIONALS IN AREAS OF STEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Scheer Board Chair | 2 | $0 | |
Mostafa Analoui Director | 1 | $0 | |
Vanessa Mackzo Director | 1 | $0 | |
John Houston Director | 1 | $0 | |
Erik Clemons Director | 1 | $0 | |
Evan Kiperman Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $10,000 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $669 |
Other expenses | $657 |
Total expenses | $11,926 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,625 |
Other assets | $0 |
Total assets | $106,625 |
Total liabilities | $0 |
Net assets or fund balances | $106,625 |