Joseph M Sheetz Scholarship Fund Inc

Organization Overview

Joseph M Sheetz Scholarship Fund Inc is located in Altoona, PA. The organization was established in 2009. 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. Joseph M Sheetz Scholarship 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 12/2021, Joseph M Sheetz Scholarship Fund Inc generated $508.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $97.1k during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AWARD SCHOLARSHIPS TO POST-SECONDARY STUDENTS BASED ON ACADEMIC SUCCESS, OVERALL EXCELLENCE OF CHARACTER AND COMMUNITY INVOLVEMENT AND LEADERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO POST-SECONDARY STUDENTS BASED ON ACADEMIC SUCCESS, OVERALL EXCELLENCE OF CHARACTER AND COMMUNITY INVOLVEMENT AND LEADERSHIP.


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Board, Officers & Key Employees

Name (title)Compensation
Travis Sheetz
President / Director
$0
Joseph Sheetz
Treasurer/ Director
$0
Anna Caporuscio
Secretary/ Director
$0
Ryan Mcmahon
Director
$0
Earl Springer
Director
$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$10,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,000
Total Program Service Revenue$0
Investment income $412,258
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $86,646
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $508,904

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Joseph M Sheetz Scholarship Fund Inc has recieved totaling $5,906,160.

Awarding OrganizationAmount
Sheetz Family Charities Inc

Altoona, PA

PURPOSE: UNRESTRICTED

$5,906,160
View Grant Recipient Profile

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