Emilio A And Mary A Difelice Scholarship Tr
- Assets
- $932.3k
- Revenue
- $153.0k
- Investments
- $932.3k
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/2005
- Data as of
- 12/2022
- EIN
- 04-6941137
Organization Overview
Emilio A And Mary A Difelice Scholarship Tr is located in Boston, MA. The organization was established in 2005. 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. Emilio A And Mary A Difelice Scholarship Tr 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 12/2022, Emilio A And Mary A Difelice Scholarship Tr generated $153.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $85.1k during the year ending 12/2022. While expenses have increased by 13.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Emilio A And Mary A Difelice Scholarship Tr has awarded 22 individual grants totaling $167,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $131,566 |
| Capital Gain Net Income | $131,566 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $152,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,819 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,495 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $235 |
| Total operating and administrative expenses | $17,849 |
| Contributions, gifts, grants paid | $67,250 |
| Total expenses and disbursements | $85,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $932,258 |
| 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, Emilio A And Mary A Difelice Scholarship Tr has awarded $67,250 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN UNIVERSITY-M PURPOSE: SCHOLARSHIP | $6,500 |
FASHION INSTITUE OF TECHNOLOGY-T PURPOSE: SCHOLARSHIP | $10,000 |
UNIVERSITY OF VERMONT-J PURPOSE: SCHOLARSHIP | $8,250 |
MASSACHUSETTS COLLEGE OF PHARMACY-MCPHS PURPOSE: SCHOLARSHIP | $7,000 |
STONEHILL COLLEGE PURPOSE: SCHOLARSHIP | $7,000 |
PROVIDENCE COLLEGE PURPOSE: SCHOLARSHIP | $10,000 |