Small Public Charity

EMILY VICTORIA SOLEK MEMORIAL SCHOLARSHIP FUND

Based in Rochester Hills, MI, EMILY VICTORIA SOLEK MEMORIAL SCHOLARSHIP FUND operates as a Small Public Charity. The organization reported $4K in revenue, $399 in expenses, $147K in total assets for fiscal year 2022. Imperigo tracks 1 reported grants from this foundation totaling approximately $100K.

EIN: 851540121 Rochester Hills, MI Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2022
Total Revenue$4K
Total Expenses$399
Total Assets$147K
Grants Given1
Grant Total$100K
Filing Years2020–2022

Mission

THE EMILY VICTORIA SOLEK MEMORIAL SCHOLARSHIP FUND provides assistance for higher education to a graduate of Stoney Creek High School, Rochester Hills, Michigan. On an annual basis, a student pursuing a college degree will be awarded financial assistance, for their higher education expenses. Qualifications will be based on character and academic achievement. Financial need may also be a consideration. The fund is organized exclusively for educational purposes, including but not limited to, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or corresponding section(s) of any future federal tax code. This fund created an endowment with the Rochester Community Schools Foundation (TIN 38-3269615) who is responsible for administering the application and selection process for the scholarship recipient each year.

Sample Grants Given

Rochester, MI · 2020
The Emily Victoria Solek Memorial Scholarship Fund desired to contribute $100,000 to be used to establish an endowment fund within the Rochester Community Schools Foundation ("RCS Foundation"). The RCS Foundation established an endowment fund to be known as the EMILY VICTORIA SOLEK MEMORIAL ENDOWMENT FUND ("Endowment Fund") for the benefit of the students at Rochester Community Schools. The Endowment Fund will be used for scholarships for the benefit of graduates of Stoney Creek High School. The Emily Victoria Solek Memorial Scholarship Fund made an irrevocable contribution in the amount of $100,000 to establish the Endowment Fund. Subject to relevant fiduciary standards, the Board of Directors of the RCS Foundation shall have complete authority and discretion as to the investment and re-investment of the assets of the Endowment Fund as part of the RCS Foundation's investment portfolio.
$100,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Secretary, Treasurer, and Director Amy Solek
President and Director Brent Solek
Director Courtney Solek

Officer compensation and complete director data available with membership.

Top Grant Purposes

The Emily Victoria Solek Memorial Scholarship Fund desired to contribute $100,000 to be used to establish an endowment fund within the Rochester Community Schools Foundation ("RCS Foundation"). The RCS Foundation established an endowment fund to be known as the EMILY VICTORIA SOLEK MEMORIAL ENDOWMENT FUND ("Endowment Fund") for the benefit of the students at Rochester Community Schools. The Endowment Fund will be used for scholarships for the benefit of graduates of Stoney Creek High School. The Emily Victoria Solek Memorial Scholarship Fund made an irrevocable contribution in the amount of $100,000 to establish the Endowment Fund. Subject to relevant fiduciary standards, the Board of Directors of the RCS Foundation shall have complete authority and discretion as to the investment and re-investment of the assets of the Endowment Fund as part of the RCS Foundation's investment portfolio.
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $4K $399 $147K
2021 $16K $25K $143K
2020 $261K $109K $152K

Between 2020 and 2022, reported annual revenue declined from $261K to $4K (-99%), with total assets most recently reported at $147K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MI.

MI

Full geographic grant map with state-by-state breakdown available with membership.

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