Public Charity

THE CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC

THE CHERRY HILLS PALMER SCHOLARSHIP FOUNDATION INC is a Public Charity headquartered in CHERRY HILLS VILLAGE, CO. Financial data from the 2024 filing: $1.2M revenue, $350K expenses, $1.1M total assets. 4 publicly reported grants to this organization, totaling roughly $56K, appear in IRS filings.

EIN: 331013709 CHERRY HILLS VILLAGE, CO Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$1.2M
Total Expenses$350K
Total Assets$1.1M
Grant Records4
Funding Total$56K
Filing Years2019–2024

Mission

TO AWARD SCHOLARSHIP ASSISTANCE TO DESERVING STUDENT-EMPLOYEES OF CHERRY HILLS COUNTRY CLUB AND ASSIST IN FURTHERING EDUCATIONAL PLANS OF THOSE STUDENTS.

Where $100 goes at The Cherry Hills Palmer Scholarship Foundation Inc

How The Cherry Hills Palmer Scholarship Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
To award scholarship assistance to eligible students
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Cory Ross
CHAIRMAN David Packer
TRUSTEE George Solich
SECRETARY & TREASURER Paul Wiesner
VICE CHAIRMAN Todd Gervasini
TRUSTEE Wayne Hutchens

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$45,000 3 grants
General Support
$11,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $350K $1.1M
2023 $65K $341K $264K
2022 $337K $269K $543K
2020 $213K $163K $462K
2019 $184K $171K $413K

Between 2019 and 2024, reported annual revenue grew from $184K to $1.2M (+528%), with total assets most recently reported at $1.1M.

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

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