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Arthur J Raef And Blanch D Raef Scholarship Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$17.8k (2022)

Expenses
$37.9k (2022)

Total Assets
$509k (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$17,837
Expenses
$37,863
Net Income
-$20,026
Net Assets
$509,479
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,259
35.1%
Dividends $6,009
33.7%
Sales of Assets $5,569
31.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,300
80.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $509,479
Total Liabilities $0
Net Assets $509,479
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$45,589
Expenses
$37,328
Net Income
$8,261
Net Assets
$529,503
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,048
13.3%
Dividends $6,205
13.6%
Sales of Assets $33,336
73.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $29,900
80.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $529,503
Total Liabilities $0
Net Assets $529,503
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$24,485
Expenses
$35,081
Net Income
-$10,596
Net Assets
$521,241
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $7,418
30.3%
Dividends $6,402
26.1%
Sales of Assets $10,665
43.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $28,100
80.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $521,242
Total Liabilities $1
Net Assets $521,241
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$16,630
Expenses
$38,445
Net Income
-$21,815
Net Assets
$531,837
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,859
53.3%
Dividends $6,757
40.6%
Sales of Assets $1,014
6.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $31,250
81.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $531,838
Total Liabilities $1
Net Assets $531,837
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$34,115
Expenses
$33,284
Net Income
$831
Net Assets
$553,653
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $9,669
28.3%
Dividends $8,755
25.7%
Sales of Assets $15,691
46.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $26,000
78.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $553,653
Total Liabilities $0
Net Assets $553,653
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$20,877
Expenses
$36,505
Net Income
-$15,628
Net Assets
$552,822
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $12,703
60.8%
Dividends $7,711
36.9%
Sales of Assets $463
2.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $28,800
78.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $552,822
Total Liabilities $0
Net Assets $552,822
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$23,202
Expenses
$43,285
Net Income
-$20,083
Net Assets
$568,450
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $14,722
63.5%
Dividends $6,969
30.0%
Sales of Assets $1,511
6.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $36,300
83.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $568,450
Total Liabilities $0
Net Assets $568,450
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$33,148
Expenses
$37,307
Net Income
-$4,159
Net Assets
$588,094
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $14,880
44.9%
Dividends $7,413
22.4%
Sales of Assets $10,885
32.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,000
80.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $588,094
Total Liabilities $0
Net Assets $588,094

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$44,454
Expenses
$39,518
Net Income
$4,936
Net Assets
$592,253
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $14,366
32.3%
Dividends $7,003
15.8%
Sales of Assets $23,085
51.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,000
81.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $592,253
Total Liabilities $0
Net Assets $592,253

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$30,076
Expenses
$39,958
Net Income
-$9,882
Net Assets
$587,317
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $16,549
55.0%
Dividends $14,898
49.5%
Sales of Assets -$1,871
Other Income $500
1.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $31,500
78.8%
Compensation of Officers* $6,329
15.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $587,317
Total Liabilities $0
Net Assets $587,317
Compensation
Key Employees and Officers Compensation Other
First Security Bank (Trustee) $6,329 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$64,378
Expenses
$37,356
Net Income
$27,022
Net Assets
$597,198
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $28,715
44.6%
Dividends $5,087
7.9%
Sales of Assets $30,576
47.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $29,750
79.6%
Compensation of Officers* $6,232
16.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $597,199
Total Liabilities $1
Net Assets $597,198

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$28,558
Expenses
$26,362
Net Income
$2,196
Net Assets
$570,176
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $26,296
92.1%
Dividends $2,262
7.9%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $18,750
71.1%
Compensation of Officers* $6,181
23.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $570,177
Total Liabilities $1
Net Assets $570,176

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Types of Nonprofits

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