Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1964.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
155 people listed on the 990; $2K paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Ronnie Wilson | — | $6,000 | — | — | — |
| Jerry Kirby Grand Recorder | — | — | $6,000 | $6,000 | — |
| Kenneth Andre Colpaert SR | $1,100 | — | — | — | — |
| Douglas M Rowe | — | — | — | $1,000 | $1,000 |
| Loren Winn | $599 | $599 | — | — | — |
| Loren Winn Grand Recorder | — | — | $599 | $599 | — |
| Vincent Cowie | $550 | — | — | — | — |
| William L Miller | — | $550 | $550 | $550 | $550 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides scholarships, grants, and student loans to help students fund their higher education.
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Awarded Scholarships and Processed Student Loans
300 scholarships awarded in 2024.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.6M | $1.7M |
| InvestmentsLn 11–13 | $11.4M | $14.4M |
| Total assetsLn 16 | $14.0M | $16.0M |
| LiabilitiesLn 26 | $22K | $22K |
| Net assetsLn 32 | $14.0M | $16.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $11K | $11K | ||
| Grants to domestic individualsLn 2 | $557K | $557K | ||
| Legal feesLn 11b | $150 | $150 | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Investment management feesLn 11f | $19K | $19K | ||
| Other fees for servicesLn 11g | $19K | $19K | ||
| Office expensesLn 13 | $330 | $165 | $165 | |
| OccupancyLn 16 | $8K | $8K | ||
| Conferences, conventions and meetingsLn 19 | $429 | $429 | ||
| Payments to affiliatesLn 21 | $22K | $22K | ||
| Other expenses (24a–d)Ln 24 | $17K | $4K | $13K | |
| Total functional expensesLn 25 | $654K | $591K | $63K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $663K | $654K | $9K | $16.0M | 990 PDF |
| FY2023 | $688K | $464K | $225K | $14.0M | 990 PDF |
| FY2022 | $200K | $528K | −$328K | $13.2M | 990 PDF |
| FY2021 | $766K | $369K | $397K | $14.9M | 990 PDF |
| FY2020 | $1.6M | $736K | $838K | $13.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $663,269 across 8 lines filed
Part IX · Statement of functional expenses $654,233 across 11 lines filed
Part X · Balance sheet $16,047,364 assets, 10 lines filed
Part XI · Reconciliation of net assets $16,025,864 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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