Public Charity

THE GEM FUNDTHE AAUW ASHEVILLE SCHOLARSHIP ENDOWMENT INC

Based in ARDEN, NC, THE GEM FUNDTHE AAUW ASHEVILLE SCHOLARSHIP ENDOWMENT INC operates as a Public Charity. The organization reported $51K in revenue, $56K in expenses, $559K in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $7K.

EIN: 331023655 ARDEN, NC Latest filing: 2025
Total Revenue$51K
Total Expenses$56K
Total Assets$559K
Grant Records1
Funding Total$7K
Filing Years2019–2025

Mission

ESTABLISHED IN 2022, THE GEM FUND IS THE PHILANTHROPIC ARM OF AAUW- ASHEVILLE; ITS PURPOSE IS TO RAISE FUNDS FOR SCHOLARSHIPS FOR WOMEN IN WESTERN NORTH CAROLINA WHOSE COLLEGE EDUCATION WAS INTERRUPTED OR POSTPONED.

Officers & Directors

DIRECTOR Ba Schenk
DIRECTOR Betsy Kirk
SECRETARY Deb Fulton-Helmer
PRESIDENT Jeanne Smolkin
TREASURER Lois Sutton
DIRECTOR Millie Massey

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$7,100 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $51K $56K $559K
2024 $92K $43K $525K
2023 $39K $25K $451K
2021 $65K $38K $439K
2019 $54K $29K $317K

Between 2019 and 2025, reported annual revenue declined from $54K to $51K (-6%), with total assets most recently reported at $559K.

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

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