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Leiby S Hall Scholarship Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 376357798 ✦ Decatur, IL ✦ Designated as a 501(c)(3)

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Overview

What is Leiby S Hall Scholarship Trust?

The Leiby S Hall Scholarship Trust is a charitable organization based in Decatur, Illinois. Its primary mission is to offer 55-65 scholarships annually to full-time undergraduate junior and senior students who are in good academic standing in the College of Business at the University of Illinois at Urbana-Champaign, Illinois. This nonprofit is dedicated to providing financial assistance to deserving students, aiming to support their pursuit of higher education in business studies.

Is Leiby S Hall Scholarship Trust legitimate?

Leiby S Hall Scholarship Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leiby S Hall Scholarship Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Leiby S Hall Scholarship Trust?

The Leiby S Hall Scholarship Trust has a mission to provide undergraduate scholarships to junior and senior students who are in good academic standing within the College of Business at the University of Illinois at Urbana-Champaign. This mission is carried out by awarding between 55 to 65 scholarships annually to full-time undergraduate students who meet the specified criteria. The scholarship trust aims to support these students in their academic pursuits, thereby contributing to their overall educational journey and future success.

Who is the CEO of Leiby S Hall Scholarship Trust?

Harold E Alsup is the Trust Admin of Leiby S Hall Scholarship Trust.

What is the revenue of Leiby S Hall Scholarship Trust?

Leiby S Hall Scholarship Trust's revenue in 2023 was $467,384.

Who are the executives of Leiby S Hall Scholarship Trust and what are their salaries?


There is 1 key member and their salary:


Harold E Alsup (Trust Admin)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Leiby S Hall Scholarship Trust?

Leiby S Hall Scholarship Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Leiby S Hall Scholarship Trust

The Leiby S Hall Scholarship Trust is an organization dedicated to providing undergraduate scholarships. Their mission, in simple terms, is to support junior and senior students in good academic standing, specifically within the College of Business, at the University of Illinois at Urbana-Champaign. This nonprofit aims to award a significant number of scholarships each year, typically ranging between 55 and 65, to enable these students to continue their education and pursue their academic goals effectively. The Leiby S Hall Scholarship Trust plays a vital role in supporting the educational journey of these students, enabling them to make the most of their time in the College of Business.

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Impact




October, 2024

The Leiby S Hall Scholarship Trust significantly impacts the academic and professional journeys of junior and senior students in the College of Business at the University of Illinois at Urbana-Champaign. By awarding 55 to 65 scholarships annually, it provides essential financial support to full-time undergraduate students who maintain good academic standing. This assistance not only alleviates the financial burden associated with higher education but also empowers recipients to focus on their studies and maximize their engagement in academic and extracurricular pursuits.

Furthermore, the trust fosters a supportive learning environment by providing opportunities for talented individuals to thrive within a prestigious business program. By investing in the education of these students, the scholarship trust helps cultivate the next generation of business leaders, ensuring that they are well-prepared to contribute meaningfully in their future careers. Overall, the Leiby S Hall Scholarship Trust plays a crucial role in promoting educational achievement and facilitating personal growth among the budding professionals it supports.




This information is meant to be a general summary of Leiby S Hall Scholarship Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$467,384 (2023)
2011201220132014201520162017201820192020202120222023$0$200k$400k$600k$800k
Expenses
$348,757 (2023)
2011201220132014201520162017201820192020202120222023$0$90,000$180k$270k$360k
Efficiency
20112012201320142015201620172018201920202021202220230%2%4%6%8%10%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $467,384
  • Gross Receipts: $716,524

Assets and Liabilities:

  • Total Assets: $10,693,219
  • Total Liabilities: $0
  • Net Assets: $10,693,219

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Organization Details

Founding Year

1998

Principal Officer

Harold E Alsup

Main Address

PO BOX 1488, DECATUR, IL, 62525

NTEE Category

Code: B820 - Education

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