International Christian Scholarship Foundation
- Assets
- $4.2m
- Revenue
- $146.3k
- Investments
- $4.1m
- Employees
- 0
- Location
- La Verne, CA
- Founding
- 12/1958
- Data as of
- 06/2024
- EIN
- 95-6048302
Organization Overview
International Christian Scholarship Foundation is located in La Verne, CA. The organization was established in 1958. 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. International Christian Scholarship Foundation 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 06/2024, International Christian Scholarship Foundation generated $146.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $218.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, International Christian Scholarship Foundation has awarded 157 individual grants totaling $1,126,306. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION GRANTS FUNDS TO EDUCATIONAL INSTITUTIONS FOR PURPOSES OF PROVIDING EDUCATINAL SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Kurtz Treasurer | 1 | $0 | |
Vera Lee Secretary | 1 | $0 | |
Terry Glaser President | 1 | $0 | |
Ronda W Hill Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,125 |
| Interest on Savings | $578 |
| Dividends & Interest | $145,673 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,110 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $146,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $700 |
| Other expenses | $5,806 |
| Total operating and administrative expenses | $32,744 |
| Contributions, gifts, grants paid | $186,026 |
| Total expenses and disbursements | $218,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,600 |
| Savings and temporary cash investments | $59,673 |
| 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 | $4,127,669 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,219,942 |
| 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, International Christian Scholarship Foundation has awarded $186,026 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BALASORE TECHNICAL SCHOOL PURPOSE: EDUCATIONAL SCHOLARSHIP | $10,000 |
UNIVERSIDAD BILBLICA LATINO AMERICA PURPOSE: EDUCATIONAL SCHOLARSHIP | $8,800 |
SATYA WACANA CHRISTIAN COLLEGE PURPOSE: EDUCATIONAL SCHOLARSHIP | $9,423 |
DAYSTAR UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIP | $6,600 |
MAUA METHODIST HOSPITAL PURPOSE: EDUCATIONAL SCHOLARSHIP | $6,050 |
UNIVERSIDAD MADERO PURPOSE: EDUCATIONAL SCHOLARSHIP | $6,380 |