Ruth Glaser Bryan Scholarship Trust
- Assets
- $601.0k
- Revenue
- $26.1k
- Investments
- $593.2k
- Employees
- 0
- Location
- Muncie, IN
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-7020847
Organization Overview
Ruth Glaser Bryan Scholarship Trust is located in Muncie, IN. The organization was established in 2007. 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. Ruth Glaser Bryan Scholarship Trust 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, Ruth Glaser Bryan Scholarship Trust generated $26.1k 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 (3.7%) each year. All expenses for the organization totaled $58.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ruth Glaser Bryan Scholarship Trust has awarded 41 individual grants totaling $219,813. 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 | $17,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,286 |
| Capital Gain Net Income | $6,286 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,548 |
| Total Revenue | $26,081 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,870 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,141 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,301 |
| Contributions, gifts, grants paid | $43,458 |
| Total expenses and disbursements | $58,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83 |
| Savings and temporary cash investments | $7,071 |
| Net Accounts receivable | $572 |
| 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 | $600,964 |
| 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, Ruth Glaser Bryan Scholarship Trust has awarded $43,458 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL CALVERT PURPOSE: SCHOLARSHIPS | $7,243 |
ANNIKA SCHALLER PURPOSE: SCHOLARSHIPS | $7,243 |
CASSIDY LAM PURPOSE: SCHOLARSHIPS | $7,243 |
KATELYN WADE PURPOSE: SCHOLARSHIPS | $7,243 |
MORGAN WATTERS PURPOSE: SCHOLARSHIPS | $7,243 |
HALEY SHERRELL PURPOSE: SCHOLARSHIPS | $7,243 |