Charles Drew Memorial Scholarship Fund Inc in Capitol Heights, Maryland (MD)
Table of contents:
| Charles Drew Memorial Scholarship Fund Inc | |
| Employer Identification Number (EIN) | 522084014 |
| Name of Organization | Charles Drew Memorial Scholarship Fund Inc |
| In Care of Name | Marion H Massey |
| Address | P O Box 4432, Capitol Heights, MD 20791 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 05/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2014 |
| Assets | $0 |
| Income | $0 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $126,894 |
| Amount of Income | $40,451 |
| Form 990 Revenue Amount | $40,451 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards |
Non-representatives - add comments:
Amount of income in 2014: $40,451 (it was $45,598 in 2012)
| This organization: | $40,451 |
| Other organizations performing similar types of work: | $72,336 |
Assets in 2014: $126,894 (it was $141,926 in 2012)
| This organization: | $126,894 |
| Other organizations performing similar types of work: | $239,394 |
Expenses in 2012: $26,610
| Charles Drew Memorial Scholarship Fund Inc: | $26,610 |
| Other organizations performing similar types of work: | $40,888 |
Income to expenses ratio in 2012: 1.5
| This organization: | 1.5 |
| Other organizations performing similar types of work: | 1.4 |
Grants share in income in 2012: 80.2%
| Charles Drew Memorial Scholarship Fund Inc: | 80.2% |
| Other organizations performing similar types of work: | 0.1% |
Revenue for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $38,992 |
| Contributions, Gifts, Grants and Other Similar Amounts | $31,269 |
| Program Service Revenue | $2,225 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $172 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $5,326 |
| Gross income from fundraising events | $11,932 |
| Less: direct expenses | $6,606 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $26,610 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $26,610 |
| Balance Sheet (for 2012) | |
| Total assets | $141,926 |
| Total liabilities | $0 |
| Total net assets or fund balances | $141,926 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total support | $159,369 |
| Gifts, grants, contributions, and membership fees received | $158,267 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $1,102 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Sylvester H Reed Memorial Trust | PO BOX 1111, Pflugerville, TX 78691-1111 | TX | 1998-01 | $1,242,927 |
| 2 | Somerset Community Services Inc | PO BOX 18, Marion, MD 21838-0018 | MD | 1995-01 | $12,507,370 |
| 3 | The Carroll Community College Foundation Inc | 1601 Washington Rd, Westminster, MD 21157-6944 | MD | 1995-03 | $3,797,834 |
| 4 | Seabee Memorial Scholarship Association Inc | PO BOX 6574, Silver Spring, MD 20916-6574 | MD | 1971-01 | $1,018,721 |
| 5 | The Us Silica Company Education Foundation | 8490 Progress Dr Ste 300, Frederick, MD 21701-4996 | MD | 1998-10 | $28,000 |
| 6 | The Womans Club Of Linthicum Heights Inc | PO BOX 301, Linthicum Hts, MD 21090-0301 | MD | 1991-07 | $24,510 |
| 7 | School Psychologist Advancement Of Minorities Inc | 5001 Hillen Rd, Baltimore, MD 21239-3601 | MD | 1995-01 | $21,725 |
| 8 | T H A T Foundation | 2981b Symphony Ln, Huntingtown, MD 20639 | MD | 1997-06 | $13,638 |
| 9 | Tomorrow Scholarship Fund Tr | 16900 Annandale Rd, Emmitsburg, MD 21727-9441 | MD | 1998-08 | $1,154 |
| 10 | The Nat Saks Charitable Foundation Inc | 4307 Clagett Rd, University Pa, MD 20782-1140 | MD | 1995-01 | $182 |
| 11 | Bethesda Chevy Chase Iwla Endowment Inc | PO BOX 354, Poolesville, MD 20837 | MD | 1991-10 | $0 |
| 12 | Blues Alley Music Society Inc | 357 Overlook Dr, Lusby, MD 20657-3204 | MD | 1986-06 | $0 |
| 13 | Columbia Sportsmen Association Inc | 6904 Kilrain Ct, Columbia, MD 21045-5328 | MD | 1995-07 | $0 |
| 14 | Cross Cultures Community Center Inc | 6711 Farmer Drive, Fort Washington, MD 20744 | MD | 1998-07 | $0 |
| 15 | Dillonites Inc | PO BOX 6943, Baltimore, MD 21216-0943 | MD | 1989-04 | $0 |
| 16 | Donnie Hammond Scholarship Fund Inc | PO BOX 518, Frederick, MD 21705-0518 | MD | 1990-11 | $0 |
| 17 | Elliott Cryor Committee Center Inc | 1209 W Fayette St, Baltimore, MD 21223-1936 | MD | 1998-05 | $0 |
| 18 | Friends Of Peru Ltd | 5800 Plainview Rd, Bethesda, MD 20817 | MD | 1991-09 | $0 |
| 19 | Gamma Chi Educational Foundation Inc | 3192 River Valley Chase, W Friendship, MD 21794-9542 | MD | 1997-10 | $0 |
| 20 | Geronimo Corporation Inc | PO BOX 711, Manchester, MD 21102-0711 | MD | 1997-01 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,412 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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