Alvina D Frisbie Scholarship Fund
- Assets
- $421.6k
- Revenue
- $14.9k
- Investments
- $413.2k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 11/2001
- Data as of
- 06/2023
- EIN
- 93-6341760
Organization Overview
Alvina D Frisbie Scholarship Fund is located in Milwaukee, WI. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alvina D Frisbie 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 06/2023, Alvina D Frisbie Scholarship Fund generated $14.9k 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 (11.9%) each year. All expenses for the organization totaled $39.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alvina D Frisbie Scholarship Fund has awarded 52 individual grants totaling $195,838. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,049 |
| Capital Gain Net Income | $4,049 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14 |
| Total Revenue | $14,912 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,766 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,012 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $94 |
| Total operating and administrative expenses | $12,372 |
| Contributions, gifts, grants paid | $27,000 |
| Total expenses and disbursements | $39,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,354 |
| 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 | $413,239 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $421,593 |
| 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, Alvina D Frisbie Scholarship Fund has awarded $27,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HARVARD UNIVERSITY PURPOSE: SCHOLARSHIP | $17,000 |
UNIVERSITY OF WASHINGTON PURPOSE: SCHOLARSHIP | $8,000 |
UNIVERSITY OF OREGON PURPOSE: SCHOLARSHIP | $1,000 |
CLATSOP COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $1,000 |