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Boscov-Berk-Tek Inc. Scholarship Fund is a private trust based in NEW HOLLAND, PA. The foundation received its IRS ruling in 1994. The principal officer is Robert Gascon Trustee. It holds total assets of $309K. Annual income is reported at $50K. The foundation is governed by 1 officer or trustee. The foundation provides scholarship grants to applicants who are descendants of boscov berk tek inc. For the 2022 tax year, three individuals were selected and received a grant. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in North Carolina, Pennsylvania and Tennessee. According to available records, Boscov-Berk-Tek Inc. Scholarship Fund has made 12 grants totaling $63K, with a median grant of $6K. Annual giving has grown from $11K in 2020 to $15K in 2023. Grantmaking activity was highest in 2022 with $20K distributed across 3 grants. Individual grants have ranged from $4K to $7K, with an average award of $5K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Pennsylvania, North Carolina, Ohio, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$4K
Based on 3 grants from the most recent 990-PF filing.
The foundation provides scholarship grants to applicants who are descendants of boscov berk tek inc. For the 2020 tax year, three individuals were selected and received a grant.
Expenses: $11K
The foundation provides scholarship grants to applicants who are descendants of boscov berk tek inc. For the 2022 tax year, three individuals were selected and received a grant. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in PA, NC, OH.
Boscov-Berk-Tek Inc. Scholarship Fund has distributed a total of $63K across 12 grants. The median grant size is $6K, with an average of $5K. Individual grants have ranged from $4K to $7K.
The application deadline is VARIES AS SET FORTH IN COMPANY ANNOUNCEMENTS AND NEWSLETTERS. Children, descendents, spouses of qualifying employees or qualifying former employees.
Boscov-Berk-Tek Inc. Scholarship Fund is headquartered in NEW HOLLAND, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Gascon | TRUSTEE | $0 | $0 | N/A |
Total Giving
$17K
Total Assets
$304K
Fair Market Value
$321K
Net Worth
$304K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$15K
Total Grants
12
Total Giving
$63K
Average Grant
$5K
Median Grant
$6K
Unique Recipients
9
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fbo Allison FrySCHOLARSHIP GRANT | Cedarville, OH | $5K | 2023 |
| Fbo Morgan GroffSCHOLARSHIP GRANT | Mechanicsburg, PA | $5K | 2023 |
| Fbo Tess JanichSCHOLARSHIP GRANT | Chapel Hill, NC | $5K | 2023 |
| Fbo Daniel BeahmSCHOLARSHIP GRANT | Philadelphia, PA | $7K | 2022 |
| Fbo Brett BenjaminSCHOLARSHIP GRANT | Shippensburg, PA | $7K | 2022 |
| Fbo Sydney StringfellowSCHOLARSHIP GRANT | Wilmington, NC | $7K | 2022 |
| Fbo Luke MundorfSCHOLARSHIP GRANT | West Chester, PA | $6K | 2021 |
| Fbo Amanda FrySCHOLARSHIP GRANT | Shippensburg, PA | $6K | 2021 |
| Fbo Madison JensenSCHOLARSHIP GRANT | Nashville, TN | $4K | 2020 |