Cause IQ organization profile

Verl I Brooks Scholarship Foundation

Form 990s | Financials | Vendors | Peers

Verl I Brooks Scholarship Foundation is a private foundation based in Galesburg, IL that was founded in 1994. As of 2018 they had $82,667 in revenue and $1.5 million in assets.

EIN:

36-3967580

City:

Galesburg

State:

Illinois

Website:

vbrooksfoundation.com

Founded:

1994

Type:

501(c)(3)

NTEE:

T20: Private foundations

Revenue:

$82,667

Assets:

$1,592,808

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for Verl I Brooks Scholarship Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Dec 26, 2019	990PF	View PDF
2017-12	Sep 12, 2018	990PF	View PDF
2016-12	Sep 12, 2017	990PF	View PDF
2015-12	Aug 30, 2016	990PF	View PDF
2014-12	Aug 5, 2015	990PF	View PDF
...and three more Form 990 PDFs

Financials for Verl I Brooks Scholarship Foundation

Field	2017	2016	% Change
Total grants, contributions, etc.	$0	$0
Investment income and dividends	$84,565	$81,807	3.4%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$-3,623	$-4,978	27.2%
Gross sales of inventory	$0	$0
Miscellaneous revenues	$1,725	$5,359	-67.8%
Total revenues	$82,667	$82,188	0.6%

Field	2017	2016	% Change
Compensation of current officers, etc.	$26,183	$25,139	4.2%
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Legal fees	$0	$0
Accounting fees	$1,080	$1,050	2.9%
Other fee-for-service	$0	$0
Interest	$0	$0
Depreciation, amortization, etc.	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Office expenses
Grants to all govts., orgs., and individuals	$95,895	$120,673	-20.5%
All other expenses	$727	$338	115.1%
Total expenses	$124,168	$147,421	-15.8%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$113,934	$199,484	-42.9%
Accounts receivable	$0	$0
Pledges and grants receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Investments in government obligations	$0	$0
Investments in corporate stock	$919,128	$919,515	-0.0%
Investments in corporate bonds	$0	$0
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$558,966	$515,310	8.5%
Buildings, equipment, etc. post-depreciation	$0	$0
Other assets	$780	$0	999%
Total assets	$1,592,808	$1,634,309	-2.5%

Field	2017	2016
Accounts payable and accrued expenses	$0	$0
Grants payable	$0	$0
Deferred revenue	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$0	$0

Field	2017	2016
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Verl I Brooks Scholarship Foundation

Vendor	Services	Date
Kimbia	Fundraising software	2020-07-06
███████ ███ ████	Fundraising software; Payment processing	2020-07-06
████████ ███ ███████	Tax accounting	2018-04-12

Peer private foundations

	Name	Type	Revenue	Location
1	Warren P And Joanne C Powers Charitable Foundation	501(c)(3)	$261,256	Jacksonville, FL
2	The Julius and Dorothy Lazarus Foundation	501(c)(3)	$115,822	Bethesda, MD
3	The Jose M Garcia Foundation	501(c)(3)	$337,108	West Orange, NJ
4	Foundation for Advancement of Health Education	501(c)(3)	$69,626	Wellborn, TX
5	William B Butz Memorial Fund	501(c)(3)	$67,343	Oley, PA
6	The Milton M Meyer JR and Mildred B Meyer Foundation	501(c)(3)	$28,400	Chevy Chase, MD
7	The Tarlow Family Foundation	501(c)(3)	$166,396	Festus, MO
8	Fred R and Hazel W Carstensen Memorial Foundation	501(c)(3)	$212,694	Monroe, CT
9	The Warren J Hupfer and Irene Hupfer Charitable Foundation	501(c)(3)	$193,239	Kansas City, MO
10	Mr and MRS Lyndon C Whitaker Charitable Foundation	501(c)(3)	$208,939	Saint Louis, MO
11	New Community Fund Community Charles Rodgers	501(c)(3)	$192,692	Boston, MA
12	Radio Drama Network	501(c)(3)	$189,138	New York, NY
13	AG Burnham Charitable Fund	501(c)(3)	$389,333	Vinton, IA
14	Warren C Batroff Trust	501(c)(3)	$210,910	Pittsburgh, PA
15	W J and Amy C Dodd Educational Trust Prospect Bank	501(c)(3)	$25,210	Paris, IL
16	George W Askren Meml Scholarship R60941003	501(c)(3)	$28,909	Chicago, IL
17	Michael Lascaris Scholarship Trust	501(c)(3)	$41,317	Chicago, IL
18	Robert E Harrison Memorial Fund XXXXX7008	501(c)(3)	$27,631	Chicago, IL
19	William F Oconnor Foundation	501(c)(3)	$213,373	Chicago, IL
20	O J Cloughly Educational Foundation	501(c)(3)	$312,849	Chicago, IL
21	Henry and Sara Sheehan Foundation	501(c)(3)	$164,791	La Grange Park, IL
22	Southampton School Dist 6 P62402006	501(c)(3)	$25,776	Chicago, IL
23	William M Keller Foundation	501(c)(3)	$187,345	Chicago, IL
24	Robert J Frisby Foundation	501(c)(3)	$124,548	Chicago, IL
25	Mary L Fitch Trust XXXXX8004	501(c)(3)	$118,577	Chicago, IL

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Cause IQ organization profile

Verl I Brooks Scholarship Foundation

Form 990s for Verl I Brooks Scholarship Foundation

Financials for Verl I Brooks Scholarship Foundation

Vendors for Verl I Brooks Scholarship Foundation

Peer private foundations

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