Pat Gillette Memorial Scholarship Fund Inc
- Assets
- $128.1k
- Revenue
- $10.1k
- Investments
- $100.3k
- Employees
- 0
- Location
- MiltonFreewater, OR
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 93-1059448
Organization Overview
Pat Gillette Memorial Scholarship Fund Inc is located in MiltonFreewater, OR. The organization was established in 1996. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pat Gillette Memorial 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 12/2022, Pat Gillette Memorial Scholarship Fund Inc generated $10.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $10.0k during the year ending 12/2022. 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
AWARDED 4 $1,000 SCHOLARSHIPS TO AREA YOUTH TO CONTINUE SECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Gillette President | 1 | $0 | |
Charles Pease III Director | 1 | $0 | |
Mike Garton Vice President | 1 | $0 | |
Patrick Kelly Treasurer | 1 | $0 | |
Lora Chesnut Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,524 |
| 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 | $2,260 |
| Total Revenue | $10,084 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $200 |
| Other expenses | $218 |
| Total operating and administrative expenses | $1,035 |
| Contributions, gifts, grants paid | $9,000 |
| Total expenses and disbursements | $10,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,475 |
| Savings and temporary cash investments | $20,316 |
| 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 | $100,343 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $128,134 |
| 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, Pat Gillette Memorial Scholarship Fund Inc has awarded $9,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NOAH NORTON PURPOSE: SCHOLARSHIP FOR POST-SECONDARY EDUCATION. | $1,000 |
GILBERT S BADILLO PURPOSE: SCHOLARSHIP FOR POST-SECONDARY EDUCATION. | $1,000 |
LOGAN ASHBECK PURPOSE: SCHOLARSHIP FOR POST-SECONDARY EDUCATION. | $1,000 |
ALEN C GOODWIN PURPOSE: SCHOLARSHIP FOR POST-SECONDARY EDUCATION. | $1,000 |
EMMA G LEBER PURPOSE: SCHOLARSHIP FOR POST-SECONDARY EDUCATION. | $1,000 |
ANDREW LEWIS PURPOSE: SCHOLARSHIP FOR POST-SECONDARY EDUCATION. | $1,000 |