Michigan City Indiana Community Scholarship Foundation Inc in Michigan City, Indiana (IN)

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Michigan City Indiana Community Scholarship Foundation Inc
Employer Identification Number (EIN)356049670
Name of OrganizationMichigan City Indiana Community Scholarship Foundation Inc
In Care of NameRobert Trella
AddressPo Box 9645, Michigan City, IN 46360
ActivitiesGifts or grants to individuals (other than scholarships), Scholarships (other)
SubsectionCharitable Organization
Ruling Date02/1966
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$619,113
Amount of Income$29,676
Form 990 Revenue Amount$29,676
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2011: $29,676 (it was $74,713 in 2011)
This organization: 

 $29,676
Other organizations performing similar types of work: 

 $68,730

Assets in 2011: $619,113 (it was $619,113 in 2011)
This organization: 

 $619,113
Other organizations performing similar types of work: 

 $232,450

Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$29,676
Contributions, Gifts, Grants and Other Similar Amounts$4,336
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$25,752
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-412
Gross amount from sales of assets other than inventory (Securities / Other)$44,625 / $0
Less: cost or other basis and sales expenses (Securities / Other)$45,037 / $0
Gain or (loss) (Securities / Other)$-412 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$34,888
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$34,888
Balance Sheet (for 2011)
Total assets$619,113
Total liabilities$0
Total net assets or fund balances$619,113
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$126,360
Gifts, grants, contributions, and membership fees received$17,372
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$108,988
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Brazos Higher Education Authority IncPO BOX 1308, Waco, TX 76703-1308TX1980-09$258,921,911
2Great Lakes Higher Education Guaranty Corporation2401 International Ln, Madison, WI 53704-3121WI1997-02$153,543,765
3Jewell Educational Fund1050 W Bristol Rd, Flint, MI 48507-5516MI1991-06$66,038,482
4Panhandle-Plains Higher Education Authority Inc1303 23rd St, Canyon, TX 79015-5321TX1981-02$41,839,675
5Marine Corps Scholarship Foundation Inc909 N Washington St Ste 400, Alexandria, VA 22314-1555VA1995-04$35,876,493
6Brazos Higher Education Service Corporation Inc2600 Washington Ave, Waco, TX 76710-7449TX1982-11$22,749,510
7Horatio Alger Association Of Distinguished Americans Inc99 Canal Center Plz Ste 320, Alexandria, VA 22314-1588VA1952-10$17,403,222
8Cape Cod Foundation Inc259 Willow Street, Yarmouth Port, MA 02675-1762MA1995-08$8,851,777
9Access College Foundation7300 Newport Ave Ste 500, Norfolk, VA 23505-3357VA1988-06$4,790,661
10Jaycee War Memorial FundPO BOX 64, Jasper, IN 47547-0064IN1954-07$1,370,181
11Guidant Foundation Inc11711 N Meridian St Ste 850, Carmel, IN 46032-4534IN1996-03$2,185,594
12Auburn Ymca Foundation Inc130 E 7th St, Auburn, IN 46706-1839IN1958-08$770,405
13Indiana Alpha Student Scholarship Foundation Inc4622 W 72nd St Ste C, Indianapolis, IN 46268-2396IN1954-08$658,551
14Allen County Education Partnership Inc709 Clay St Ste 101, Fort Wayne, IN 46802-2019IN1991-07$608,865
15Gary Educational Development Foundation IncPO BOX 641257, Gary, IN 46401-1257IN1962-04$508,986
16Frank & Margaret Arvin Family Educational Assistance TrPO BOX 1008, Jasper, IN 47547-1008IN1995-12$409,628
17North Lawrence Community School Foundation IncPO BOX 729, Bedford, IN 47421-0729IN1971-12$317,697
18Marvin H Morgan Memorial Fund200 E Jackson St, Muncie, IN 47305-2835IN1985-12$269,281
19Bonnie L Ruff Memorial Scholarship Trust FundPO BOX 207, Evansville, IN 47702-0207IN1996-09$242,821
20Alexander Christian Foundation IncPO BOX 246, Greenfield, IN 46140-0246IN1969-06$236,737
Number of organizations performing similar types of work
Alaska14
Alabama31
Arkansas29
Arizona45
California256
Colorado47
Connecticut70
District of Columbia38
Delaware10
Florida152
Georgia80
Hawaii19
Iowa51
Idaho15
Illinois192
Indiana81
Kansas58
Kentucky50
Louisiana26
Massachusetts107
Maryland76
Maine17
Michigan138
Minnesota61
Missouri95
Mississippi11
Montana14
North Carolina79
North Dakota6
Nebraska32
New Hampshire12
New Jersey151
New Mexico17
Nevada17
New York212
Ohio202
Oklahoma35
Oregon41
Pennsylvania173
Rhode Island25
South Carolina36
South Dakota7
Tennessee44
Texas246
Utah11
Virginia138
Vermont9
Washington66
Wisconsin103
West Virginia22
Wyoming9
International5
Total3,481

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