NonprofitsSema Memorial Scholarship Fund

Education

Sema Memorial Scholarship Fund

DIAMOND BAR, CA

Total revenue

$547K

Total expenses

$400K

Net assets

$2.8M

Grants received

$1.3M

7 grants

EIN

954131888

Tax year

2023

Mission

To foster leadership in the specialty equipment marketplace and to support educational goals for students to pursuing careers in the automotive aftermarket.

Financials

FY 2023

Revenue

Contributions & grants$502K
Program service revenue
Investment income$43K
Other revenue$2K
Total revenue$547K

Expenses

Grants paid$360K
Salaries & benefits
Fundraising
Other expenses$40K
Total expenses$400K
Total assets$2.8M
Net assets$2.8M

People

10 listed

NameRoleCompensation

KYLE FICKLER CHAIR ELECT THRU

07/23), CHAIRMAN (AS OF 07/23)

Board

1 hrs/wk

MELANIE WHITE BOARD MEM THRU

07/23), CHAIR ELECT (AS OF 07/23)

Board

1 hrs/wk

TIM MARTIN

SECRETARY (THRU 07/23)

Board

1 hrs/wk

TIM MCCARTHY

TREASURER

Board

1 hrs/wk

JAMES LAWRENCE CHAIR THRU 07

23),IM PAST CHAIR/SEC(AS OF 07/23)

Board

1 hrs/wk

GEORGE AFREMOW

VP, CFO (THRU 05/24)

Board

1 hrs/wk

RYAN STUTZMAN

CFO (AS OF 05/24)

Board

1 hrs/wk

MIKE SPAGNOLA

PRESIDENT AND CEO

Board

1 hrs/wk

WILLIAM MILLER

FORMER SR. VP, OPS

Staff

0

CHRISTOPHER J KERSTING

FORMER PRESIDENT AND CEO

Staff

0

Grants received

Showing 7 of 7

FromAmountPurposeYear
$6K
Education
2024
$367K
TO SEMA MEMORIAL SCHOLARSHIP FUND
2023
$139K
SEMA MEMORIAL SCHOLARSHIP FUND
2022
$439K
PROVIDES RESOURCES TO FUND STUDENT LOAN FORGIVENESS PROGRAM FOR YEN MEMBERS.
2021
$276K
PROVIDES RESOURCES TO FUND STUDENT LOAN FORGIVENESS PROGRAM FOR YEN MEMBERS.
2020
$12K
PROVIDES RESOURCES TO FUND STUDENT LOAN FORGIVENESS PROGRAM FOR YEN MEMBERS.
2019

Funded by

$1.3M from 2 funders · 7 grants · 2019–2024

Specialty Equipment Market Association &

$1.3M · 6 grants · 2019–2023

Greater Horizons

$6K · 1 grant · 2024

Details

EIN954131888
NTEE codeB82
Subsection03
Ruling date1992-07
Formed1989
Employees0
Volunteers10
SEMA MEMORIAL SCHOLARSHIP FUND — Mission, Financials & Grants Received | Grantivo