Edward Wagner & George Hosser Scholarship Fund
- Assets
- $6.0m
- Revenue
- $475.2k
- Investments
- $5.8m
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 10/1971
- Data as of
- 06/2023
- EIN
- 02-6005491
Organization Overview
Edward Wagner & George Hosser Scholarship Fund is located in Johnston, RI. The organization was established in 1971. 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. Edward Wagner & George Hosser Scholarship Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Edward Wagner & George Hosser Scholarship Fund generated $475.2k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $120.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $179,414 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $295,819 |
| Capital Gain Net Income | $295,819 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $475,233 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,778 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,241 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $160 |
| Total operating and administrative expenses | $88,834 |
| Contributions, gifts, grants paid | $31,568 |
| Total expenses and disbursements | $120,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,324 |
| Savings and temporary cash investments | $0 |
| 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 | $5,753,451 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,011,775 |
| 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, Edward Wagner & George Hosser Scholarship Fund has awarded $398,007 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW HAMPSHIRE CHARITABLE FOUNDATION PURPOSE: SCHOLARSHIP | $379,270 |
WAGNER MEMORIAL PARK PURPOSE: UPKEEP OF THE PARK | $18,737 |