DAVIS-PUTTER SCHOLARSHIP FUND

EIN: 566044491 501(c)(3) Education

NEW YORK, NY

Total Revenue
$248,369
Total Expenses
$362,784
Total Assets
$482,267
Net Assets
$481,979
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1962
Principal Officer
CAROL J KRAEMER
Phone
5023871131
Tax Period
2023-07-01 to 2024-06-30

DAVIS-PUTTER SCHOLARSHIP FUND, founded in 1962, is a small nonprofit in the Education sector that reported $248K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $363K exceeded revenue, resulting in a 46% operating deficit.

Mission

THE ORGANIZATION PROVIDES GRANTS TO STUDENTS ACTIVELY WORKING FOR PEACE AND JUSTICE. THESE NEEDS-BASED SCHOLARSHIPS ARE AWARDED TO THOSE DOING ACADEMIC WORK AT THE UNIVERSITY LEVEL AND WHO ARE PART OF THE PROGRESSIVE MOVEMENT ON CAMPUS AND IN THE COMMUNITY. EARLY RECIPIENTS WORKED FOR CIVIL RIGHTS, AGAINST MCCARTHYISM, AND FOR THE PEACE IN VIETNAM. RECENT GRANTEES HAVE BEEN ACTIVE IN THE STRUGGLE AGAINST RACISM, SEXISM, HOMOPHOBIA, AND OTHER FORMS OF OPPRESSION; BUILDING THE MOVEMENT FOR ECONOMIC JUSTICE; AND CREATING PEACE THROUGH INTERNATIONAL ANTI-IMPERIALIST SOLIDARITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $244,578
Program Service Revenue $0
Investment Income $3,791
Other Revenue $0
TOTAL REVENUE $248,369

Expense Breakdown

Grants Paid $196,418
Salaries & Benefits $110,424
Fundraising Expenses $51,828
Program Expenses $263,388
Other Expenses $55,942
TOTAL EXPENSES $362,784

Year-over-Year Comparison

2023 2022 Change
Revenue $248,369 $303,065 -0.2%
Expenses $362,784 $327,330 +0.1%
Net Income $-114,415 $-24,265 +3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$104,072
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL J KRAEMER EXECUTIVE OF 40.00
Officer
$76,925 $27,147 $104,072
MATT BIRKHOLD CO-CHAIR 1.00
Officer Director
$0 $0 $0
NATHALIE MEZA CONTRERAS TRUSTEE 1.00
Director
$0 $0 $0
BEN GRAHAM-PUTTER TRUSTEE 1.00
Director
$0 $0 $0
KAREN BUENAVISTA HANNA TRUSTEE 1.00
Director
$0 $0 $0
MIA HENRY TRUSTEE 1.00
Director
$0 $0 $0
CEDRIC JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
LAURA MCSPEDON TREASURER 1.00
Officer Director
$0 $0 $0
WALTER L PUTTER TRUSTEE 1.00
Director
$0 $0 $0
SWATI RAYSAM CO-CHAIR 1.00
Officer Director
$0 $0 $0
RACHEL L STOCKING TRUSTEE 1.00
Director
$0 $0 $0
PG WATKINS TRUSTEE 1.00
Director
$0 $0 $0
MEGAN YBARRA SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $248,369 $362,784 $482,267 $-114,415
2023 $303,065 $327,330 $587,564 $-24,265
2022 $265,653 $328,071 $602,025 $-62,418
2021 $286,987 $338,500 $671,132 $-51,513
2019 $347,554 $366,537 $701,319 $-18,983
2018 $399,753 $317,262 $712,915 $82,491
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