Jefferson Scholarship Fund
- Assets
- $2.2m
- Revenue
- $194.3k
- Investments
- $2.1m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/1963
- Data as of
- 12/2022
- EIN
- 93-6026691
Organization Overview
Jefferson Scholarship Fund is located in Milwaukee, WI. The organization was established in 1963. 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. Jefferson 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, Jefferson Scholarship Fund generated $194.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $173.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Jefferson Scholarship Fund has awarded 179 individual grants totaling $742,180. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 1 | $22,748 | |
Name Not Listed Financial Consultant | 1 | $3,568 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $69,269 |
| Interest on Savings | $0 |
| Dividends & Interest | $50,545 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,683 |
| Capital Gain Net Income | $72,683 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,808 |
| Total Revenue | $194,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,845 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $637 |
| Total operating and administrative expenses | $47,004 |
| Contributions, gifts, grants paid | $126,000 |
| Total expenses and disbursements | $173,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,254 |
| Savings and temporary cash investments | $86,415 |
| 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 | $2,144,606 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,016 |
| Total assets | $2,234,291 |
| 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, Jefferson Scholarship Fund has awarded $126,000 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
MONTANA STATE UNIVERSITYNORTHERN PURPOSE: GENERAL OPERATING | $1,500 |
UNIVERSITY OF OREGON PURPOSE: GENERAL OPERATING | $16,450 |
LINN BENTON COMMUNITY COLLEGE PURPOSE: GENERAL OPERATING | $7,900 |
BACONE COLLEGE PURPOSE: GENERAL OPERATING | $2,550 |
LANE COMMUNITY COLLEGE PURPOSE: GENERAL OPERATING | $3,700 |
GLENDALE COMMUNITY COLLEGE PURPOSE: GENERAL OPERATING | $2,000 |