Yale Scholarship Trust Of Boston
- Assets
- $8.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 11/1951
- Data as of
- 06/2022
- EIN
- 04-6113108
Organization Overview
Yale Scholarship Trust Of Boston is located in Boston, MA. The organization was established in 1951. 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. Yale Scholarship Trust Of Boston is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE YALE SCHOLARSHIP TRUST OF BOSTON SELECTED A TOTAL OF TWENTY-FOUR (24) YALE UNIVERSITY STUDENTS TO RECEIVE AN AGGREGATE OF $283,000 IN SCHOLARSHIPS. THE TRUST SELECTED SCHOLARSHIP RECIPIENTS FROM A LIST, PROVIDED BY THE SUPPORTED ORGANIZATION YALE UNIVERSITY, OF YALE UNIVERSITY STUDENTS WHO ATTENDED SECONDARY SCHOOLS IN THE GREATER BOSTON AREA, INDICATING THE AMOUNT OF NEED-BASED FINANCIAL AID EACH ELIGIBLE STUDENT REQUIRED AS WELL AS THE AGGREGATE AMOUNT OF SCHOLARSHIP FUNDS THAT COULD BE AWARDED. THE SCHOLARSHIPS WERE GRANTED BY THE UNIVERSITY, FUNDED FROM ACCOUNTS OWNED, CONTROLLED, AND MANAGED SOLELY BY YALE UNIVERSITY WHICH ARE DESIGNATED AS YALE SCHOLARSHIP TRUST OF BOSTON ACCOUNTS. THE PRINCIPAL AMOUNT IN SUCH DESIGNATED ACCOUNTS ORIGINALLY CAME FROM FUNDS RAISED BY THE YALE SCHOLARSHIP TRUST OF BOSTON BUT PREVIOUSLY TRANSFERRED TO YALE UNIVERSITY, WHICH SOLELY OWNS, CONTROLS AND MANAGES SUCH FUNDS. DESIGNATING SUCH SCHOLARSHIP RECIPIENTS IS THE SOLE ACTIVITY OF THE YALE SCHOLARSHIP TRUST OF BOSTON; IT DOES NOT SOLICIT DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon E Steffensen Chair And Trustee | 1 | $0 | |
Donald C Hancock Treasurer And Trustee | 1 | $0 | |
John C Kane Jr Trustee | 1 | $0 | |
Margaret Chen Trustee | 0 | $0 | |
Davida Pines Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,251 |
| Other assets | $0 |
| Total assets | $8,251 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,251 |