Miranda Genese Hill Scholarship Fund

Tax-deductible

Newport, TN501(c)(3)EducationEIN 87-2447421Revenue $182K in FY2022

On file with the IRSPo Box 1729, 37822-0000 · Newport, TNTax-exempt since Feb 2022Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990-PF
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $556 a year · under 1% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
990-PF Pt I · 2 filings
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$182K
+307% vs prior year
Spent
$181K
Net assets
$1K
By yearFY2021–FY2022
Revenue
$182K
FY2022▲ +307%
Tap a bar for its year
Revenue by fiscal year
FY2021$45K
FY2022$182K
Expenses
$181K
FY2022▲ +305%
Tap a bar for its year
Expenses by fiscal year
FY2021$45K
FY2022$181K
Net assets
$1K
FY2022▲ ×185
Tap a bar for its year
Net assets by fiscal year
FY2021$6
FY2022$1K

From the FY2022 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Feb 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 66% · $120K Operating & administrative 34% · $62K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Miranda Genese Hill Scholarship Fund executive salaries →

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Programs and updates

A private foundation based in Newport, TN.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 9 grants · $113K · 2022–2022
Second Harvest Food BankFY2022$27,500
Walters State Community CollegeFY2022$25,000
East Tennessee State UniversityFY2022$25,000
University of Tennessee FoundationFY2022$25,000
Individual RecipientFY2022$3,780
Newport Kiwanis ClubFY2022$2,991
Individual RecipientFY2022$1,568
First Christian ChurchFY2022$1,348
Hope House of Cocke CountyTN · FY2022$1,065

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$13K
Median grantPart XV$4K
Largest grantPart XV$28K
Top cause focusNTEEHuman Services (11%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$182K
Gifts and grants$182K
Money out
$181K
Grants paid$120K
Running costs$62K
Owns and owes
$1K
net assets
Cash and savings$1K
Total assets$1K
Liabilities$0
People
7
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$182K
Total revenue$182K
Assets in detailEnd of year
Cash and savings together$1K
Total assets$1K
Liabilities$0
Net assets$1K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $182K$181K$1K$1K 990 PDF
FY2021 $45K$45K$6$6 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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