Skip to content
Nonprofiteer
← NIERLING FAMILY SCHOLARSHIP JAMESTOWN COLLEGE TRUST

Form 990 for tax year 2024

Filed by NIERLING FAMILY SCHOLARSHIP JAMESTOWN COLLEGE TRUST.

Totals

Total revenue
$49,275
Total expenses
$58,026
Contributions and grants received
$0
Grants paid
$49,000
Program service revenue
$0
Investment income
$49,275
Other revenue
$0
Total assets, end of year
$763,589
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$763,589
Program services expenses (Part IX)
$49,000
Management and general expenses
$9,026
Fundraising expenses
$0
Program service expenses (Part III)
$49,000

Program services were 84.4% 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 $17,560 · related or exempt $17,560

  • 7a · Gross sales of assets other than inventory

    securities $116,018

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

    securities $84,303

  • 7c · Gain or loss

    securities $31,715

  • 7d · Net gain or loss

    total $31,715 · related or exempt $31,715

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $49,000 · program services $49,000

  • 11f · Fees: investment management

    total $9,026 · management and general $9,026

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $8,734 · end of year $58,142

  • 11 · Investments: publicly traded securities

    beginning of year $689,596 · end of year $705,447

  • 15 · Other assets

    beginning of year $60 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $698,390 · end of year $763,589

Mission and programs · 2024

Mission

THE MISSION OF THE NIERLING FAMILY SCHOLARSHIP JAMESTOWN COLLEGE TRUST IS TO INVEST THE FUNDS OF THE TRUST TO PROVIDE INCOME TO JAMESTOWN COLLEGE FOR SCHOLARSHIPS

Activities or mission (Part I)

DISTRIBUTE NET INCOME TO JAMESTOWN COLLEGE FOR SCHOLARSHIPS

  • DISTRIBUTE NET INCOME TO JAMESTOWN COLLEGE FOR SCHOLARSHIPS

    Expenses $49,000 · Grants $49,000 · Revenue $49,275

As filed on the 2024 return.

Listed in Part VII

  • Kresha Wiest

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Polly Peterson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

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

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2025
IRS schema version
2024v5.1
Source object
202501339349308755

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

The source document this was parsed from is served over the API, which is where bulk and document access live.