Glenn R Logan Scholarship Tr Fund
- Assets
- $192.5k
- Revenue
- -$1.4k
- Investments
- $187.5k
- Employees
- 0
- Location
- Hermitage, PA
- Founding
- 03/2003
- Data as of
- 02/2023
- EIN
- 01-6191572
Organization Overview
Glenn R Logan Scholarship Tr Fund is located in Hermitage, PA. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenn R Logan Scholarship Tr Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENT OF COLLEGE SCHOLARSHIPS TO QUALIFIED UNIVERSITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Riley Principal Scholarship Commitee Member | 0 | $0 | |
Robert R Heaton Scholarship Committee Member | 0 | $0 | |
C Timothy Shaffer ESQ Scholarship Committee Member | 0 | $0 | |
Name Not Listed Trustee | 1 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,643 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $222 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,430 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $14,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,957 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $192,488 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Glenn R Logan Scholarship Tr Fund has awarded $10,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DUQUESNE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |
MONMOUTH UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |
BUCKNELL UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |
SLIPPERY ROCK UNIVERSITY FOUNDATION INC PURPOSE: SCHOLARSHIP | $4,000 |