NonprofitsSomerset Scholarship Fund

Education

Somerset Scholarship Fund

MENDOTA HTS, MN

Total revenue

$80K

Total expenses

$136K

Net assets

$99K

Grants received

$207K

24 grants

EIN

454617048

Tax year

2024

Mission

Somerset scholarship fund is organized and operated to raise funds from members of somerset country club that are used to provide scholarships to employees or decendants of such employees, of somerset country club, which is a 503(c)(7) organization. Members of somerset country club, the club manager, the board of directors, officers, and committee members are not eligible to be scholarship receipients.

Financials

FY 2024

Revenue

Contributions & grants$78K
Program service revenue
Investment income$2K
Other revenue
Total revenue$80K

Expenses

Grants paid$126K
Salaries & benefits
Fundraising
Other expenses$2K
Total expenses$136K
Total assets$99K
Net assets$99K

People

12 listed

NameRoleCompensation

LEA THEOBALD

CO-CHAIRWOMAN

Board

1 hrs/wk

JODIE ZESBAUGH

CO-CHAIRWOMAN

Board

1 hrs/wk

ANNE FIELD

PRESIDENT

Board

1 hrs/wk

LINDA GARRETT

DIRECTOR

Board

1 hrs/wk

HERB LEWIS

DIRECTOR

Board

1 hrs/wk

ANN MCDONALD

DIRECTOR

Board

1 hrs/wk

KAREN MESLOW

DIRECTOR

Board

1 hrs/wk

JILL RILEY

DIRECTOR

Board

1 hrs/wk

BEV SCHMIDT

DIRECTOR

Board

1 hrs/wk

BRIAN SMITH

DIRECTOR

Board

1 hrs/wk

JERRY TOSTRUD

DIRECTOR

Board

1 hrs/wk

KATE WENGER

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$5K
GENERAL OPERATING
2023
$8K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$5K
GENERAL OPERATING
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$7K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$5K
GENERAL OPERATING
2021
$10K
For grant recipient's exempt purposes
2020
$10K
MULTIPLE PURPOSES
2020
$5K
GENERAL OPERATING
2020
$10K
For grant recipient's exempt purposes
2019
$9K
MULTIPLE GRANTS
2019
$500
GENERAL SUPPORT
2019
$6K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018

Funded by

$207K from 8 funders · 24 grants · 2018–2023

Donor Advised Charitable Giving Inc

$62K · 5 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$40K · 4 grants · 2019–2021

Saint Paul & Minnesota Foundation

$39K · 5 grants · 2018–2022

River Road Foundation

$20K · 4 grants · 2020–2023

Natl Christian Charitable Fdn Inc

$20K · 2 grants · 2022

Fleetwood Foundation

$15K · 2 grants · 2022–2023

Poepl Family Foundation

$500 · 1 grant · 2019

Details

EIN454617048
NTEE codeB82
Subsection03
Ruling date2012-03
SOMERSET SCHOLARSHIP FUND — Mission, Financials & Grants Received | Grantivo