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Nonprofit · EIN 47-1758865

CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I

Tax-exempt · LANCASTER, PA 17604

Financials

$394K$328K2022$359K$307K2023
Revenue Expenses · by fiscal year end
Financials of CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2024990$358,801$307,096$51,705$6,767,880$0$6,767,880
October 31, 2023990$394,039$327,810$66,229$6,716,722$0$6,716,722
Financial details: 990 for the year ended October 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$358,801
Net gain from sales of assets
$139,066
Other revenue
$0

Expenses

Grants and similar amounts paid
$258,633
Compensation of officers, directors and key employees
$41,270
Salaries, compensation and benefits (total)
$41,270
Professional fundraising fees
$0
Program services (functional)
$258,633
Management and general (functional)
$48,463

Balance sheet and other

Total assets, start of year
$6,716,722
Total assets, end of year
$6,767,880
Total liabilities, end of year
$0
Net assets, end of year
$6,767,880
Publicly traded securities
$6,511,579
Gross receipts
$1,461,864
Employees
0
Year formed
2014
State of legal domicile
PA

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.

NameTitleHours / weekCompensation
FULTON BANK NATRUSTEE
Institutional trustee
8$41,791
990 for the year ended October 31, 2023: 1 people
NameTitleHours / weekCompensation
FULTON BANK NATRUSTEE
Institutional trustee
–$36,998

Address and contacts

Address (IRS master file)
PO BOX 3215, LANCASTER, PA 17604-3215
In care of
% FULTON BANK NA
Principal officer (990 for 2023)
FULTON BANK NA, ONE PENN SQUARE, LANCASTER, PA 17602
Signed the 990
FULTON BANK NA, TAX MANAGER
Phone
(717) 255-7652

Mission

MAKING DISTRIBUTIONS TO ORGANIZATIONS FOR CHARITABLE PURPOSES AND PROVIDING SCHOLARSHIPS, IN THE NAME AND MEMORY OF CLARENCE SCHOCK, TO DESERVING STUDENTS AT MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY.

990 for the year ended October 31, 2024

Program accomplishments

  • PROVIDED FUNDING TO FOUR SUPPORTED ORGANIZATIONS (MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY) FOR THE CREATION AND ONGOING ADMINISTRATION OF SCHOLARSHIP PROGRAMS IN THE NAME AND MEMORY OF CLARENCE SCHOCK, WHICH PROVIDE SCHOLARSHIPS THAT SATISFY A MINIMUM OF 20% OF THE RECIPIENTS TUITION FOR EIGHT SEMESTERS AND FELLOWSHIPS TO DESERVING STUDENTS AT THE NAMED UNIVERSITIES.
    Expenses $258,633 · grants $258,633

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026Not on file
2023October 31, 2024March 17, 2025990 on file

IRS record

EIN
47-1758865
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III non-functionally integrated
Donations deductible (Pub 78)
Non-functionally integrated Type III supporting organization
Exempt since
2015
Accounting year ends
October
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,767,880
Income (IRS master file)
$1,461,864

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2024$358,801$307,096$6,767,880XML
990October 2023$394,039$327,810$6,716,722XML
990October 2022–––IRS
990October 2021–––IRS
990October 2020–––IRS

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 47-1758865).

Questions about CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I

What is the EIN of CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I?
The employer identification number (EIN) of CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I is 47-1758865.
Is CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I tax-deductible?
Yes. It is listed in IRS Publication 78 (Non-functionally integrated Type III supporting organization).
Which annual return does CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I 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 CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I 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 CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I?
The 990 for the year ended October 31, 2024 names FULTON BANK NA.
Who are the officers and directors of CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I?
The 990 for the year ended October 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $41,791 (FULTON BANK NA, TRUSTEE).
How much revenue does CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I have?
On its 990 for the year ended October 31, 2024 it reported revenue of $358,801, expenses of $307,096 and total assets of $6,767,880 at year end.

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