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Nonprofiteer
← SAHLMARK SCHOLARSHIP FUND 26211-003

Form 990 for tax year 2022

Filed by SAHLMARK SCHOLARSHIP FUND 26211-003.

Totals

Total revenue
$11,692
Total expenses
$26,849
Contributions and grants received
$0
Grants paid
$19,000
Program service revenue
$0
Investment income
$11,692
Other revenue
$0
Total assets, end of year
$282,236
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$282,236
Program services expenses (Part IX)
$21,601
Management and general expenses
$5,248
Fundraising expenses
$0
Program service expenses (Part III)
$21,601

Program services were 80.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $5,930 · excluded $5,930

  • 7a · Gross sales of assets other than inventory

    securities $187,639

  • 7b · Less cost or other basis and sales expenses

    securities $181,877

  • 7c · Gain or loss

    securities $5,762

  • 7d · Net gain or loss

    total $5,762 · excluded $5,762

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $19,000 · program services $19,000

  • 5 · Compensation of officers, directors and key employees

    total $4,675 · program services $701 · management and general $3,974

  • 11c · Fees: accounting

    total $1,175 · management and general $1,175

  • 24a · Other expenses: OFIC FEE

    total $1,900 · program services $1,900

  • 24b · Other expenses: FOREIGN TAX WITHHELD

    total $99 · management and general $99

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1

  • 2 · Savings and temporary cash investments

    beginning of year $18,177 · end of year $9,847

  • 11 · Investments: publicly traded securities

    beginning of year $279,251 · end of year $272,389

  • 29 · Capital stock, trust principal or current funds

    beginning of year $297,429 · end of year $282,236

Mission and programs · 2022

Mission

Withheld by Nonprofiteer: this text may name a private individual.

Activities or mission (Part I)

Withheld by Nonprofiteer: this text may name a private individual.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $21,601 · Grants $19,000

As filed on the 2022 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Fifth Third Bank N A

    TRUSTEE

    Total calculated
    $4,676
    From this org
    $4,676
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Dick Faulk

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr WILLIAM ANDERSON

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Richard Kirby

    MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
27 April 2023
IRS schema version
2022v5.0
Source object
202311219349302026

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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