Nonprofit · EIN 45-4137145
P&G SCHOLARSHIP FOUNDATION
Tax-exempt · RICHMOND, VA 23222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2024 | 990 | $28,721 | $51,335 | -$22,614 | $8,977 | $0 | $8,977 |
| October 31, 2023 | 990 | $17,930 | $62,786 | -$44,856 | $31,591 | $0 | $31,591 |
| October 31, 2022 | 990 | $120,581 | $45,391 | $75,190 | $76,447 | $0 | $76,447 |
Financial details: 990 for the year ended October 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $28,721
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,500
- Accounting fees
- $5,850
- Program services (functional)
- $51,335
Balance sheet and other
- Total assets, start of year
- $31,591
- Total assets, end of year
- $8,977
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,977
- Net assets without donor restrictions
- $8,977
- Gross receipts
- $28,721
- Employees
- 0
- Year formed
- 2012
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended October 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE JACKSON | SECRETARY Trustee or director | 0 | $0 |
| NELSON COLBERT | DIRECTOR AT LARGE Trustee or director | 0 | $0 |
| DERRICK VANCE | TREASURER Trustee or director, Officer | 0 | $0 |
| LEROY MASON | TREASURER Trustee or director, Officer | 0 | $0 |
| JAY ALLEN | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
990 for the year ended October 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE JACKSON | SECRETARY Trustee or director | 0 | $0 |
| NELSON COLBERT | DIRECTOR AT LARGE Trustee or director | 0 | $0 |
| DERRICK VANCE | TREASURER Trustee or director, Officer | 0 | $0 |
| LEROY MASON | TREASURER Trustee or director, Officer | 0 | $0 |
| JAY ALLEN | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
990 for the year ended October 31, 2022: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE JACKSON | SECRETARY Trustee or director | 0 | $0 |
| NELSON COLBERT | DIRECTOR AT LARGE Trustee or director | 0 | $0 |
| DERRICK VANCE | TREASURER Trustee or director, Officer | 0 | $0 |
| LEROY MASON | PRESIDENT Trustee or director, Officer | 0 | $0 |
| JAY ALLEN | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2302 CHAMBERLAYNE AVE, RICHMOND, VA 23222-4204
- In care of
- % DARIUS A JOHNSON
- Mailing address (990-N for 2020)
- 5306 Fairpines Ln, North CHESTERFIELD VA 23234
- Principal officer (990-N for 2020)
- William Leon Prentiss, 5306 Fairpines Ln, North CHESTERFIELD VA 23234
- Signed the 990
- LEROY MASON, TREASURER
- Return prepared by
- CLARKE FINANCIAL ASSOCIATES PC
Mission
OFFER SCHOLARSHIPS FOR HIGHER EDUCATION
Program accomplishments
- DISTRIBUTED SCHOLARSHIPSExpenses $51,335
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | Not on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 45-4137145
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- October
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $8,977
- Income (IRS master file)
- $28,721
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2024 | $28,721 | $51,335 | $8,977 | XML |
| 990 | October 2023 | $17,930 | $62,786 | $31,591 | XML |
| 990 | October 2022 | $120,581 | $45,391 | $76,447 | XML |
| 990-N for 2020 Officer: William Leon Prentiss | October 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Darius Johnson | October 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2017 | October 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4137145).
Questions about P&G SCHOLARSHIP FOUNDATION
- What is the EIN of P&G SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of P&G SCHOLARSHIP FOUNDATION is 45-4137145.
- Is P&G SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to P&G SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does P&G SCHOLARSHIP FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of P&G SCHOLARSHIP FOUNDATION due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did P&G SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2024.
- Who is the principal officer of P&G SCHOLARSHIP FOUNDATION?
- The 990-N for 2020 names William Leon Prentiss.
- Who are the officers and directors of P&G SCHOLARSHIP FOUNDATION?
- The 990 for the year ended October 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does P&G SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended October 31, 2024 it reported revenue of $28,721, expenses of $51,335 and total assets of $8,977 at year end.
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