Frank & Ellen Cobb Memorial Scholarship Tr 1004210 is located in Dallas, TX. 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. Frank & Ellen Cobb Memorial Scholarship Tr 1004210 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 08/2024, Frank & Ellen Cobb Memorial Scholarship Tr 1004210 generated $70.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $118.3k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $50,801 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $15,328 |
Capital Gain Net Income | $15,328 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $4,227 |
Total Revenue | $70,356 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $19,319 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,379 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,081 |
Total operating and administrative expenses | $30,326 |
Contributions, gifts, grants paid | $88,000 |
Total expenses and disbursements | $118,326 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $72,900 |
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 | $1,827,493 |
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 |
Over the last fiscal year, Frank & Ellen Cobb Memorial Scholarship Tr 1004210 has awarded $88,000 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
SAINT ANSELM COLLEGE PURPOSE: SCHOLARSHIPS | $4,000 |
ST MICHAEL'S COLLEGE PURPOSE: SCHOLARSHIPS | $4,000 |
WENTWORTH INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIPS | $4,000 |
BOSTON COLLEGE PURPOSE: SCHOLARSHIPS | $1,000 |
COLLEGE OF THE HOLY CROSS PURPOSE: SCHOLARHSIPS | $1,000 |
SIMMONS UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,000 |