Ramsaye Medical Assistance Trust
- Assets
- $1.5m
- Revenue
- $176.1k
- Investments
- $1.5m
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 22-6333204
Organization Overview
Ramsaye Medical Assistance Trust is located in Bedford, NH. The organization was established in 2002. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ramsaye Medical Assistance 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 12/2021, Ramsaye Medical Assistance Trust generated $176.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $72.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ramsaye Medical Assistance Trust has awarded 147 individual grants totaling $224,860. 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 | $34,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $140,419 |
| Capital Gain Net Income | $140,419 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,500 |
| Total Revenue | $176,123 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,761 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $418 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,029 |
| Contributions, gifts, grants paid | $48,342 |
| Total expenses and disbursements | $72,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,085 |
| 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 | $1,527,377 |
| 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, Ramsaye Medical Assistance Trust has awarded $48,342 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ANGELICA D BRIONES PURPOSE: SCHOLARSHIP | $3,600 |
ADELENE COLON PURPOSE: SCHOLARSHIP | $3,600 |
ARLETA LIKAJ PURPOSE: SCHOLARSHIP | $3,600 |
MARIA ERLITA V DUNGO PURPOSE: SCHOLARSHIP | $3,600 |
DIANNE R NOTARFRANCESCO PURPOSE: SCHOLARSHIP | $3,600 |
FAIZA KHANIA PURPOSE: SCHOLARSHIP | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Under The Will Of Herman Dana Newton, MA | $0 | $3,151,156 |
Davis Family Foundation Yarmouth, ME | $94,934,752 | $3,904,982 |
Herman And Frieda L Miller Foundation Boston, MA | $0 | $1,453,299 |
Carl Benton Straub Charitable Trust Brunswick, ME | $0 | $2,800,114 |
Elizabeth Deblois Charitable Trust Dtd 113068 Boston, MA | $42,663,522 | $5,064,165 |
Jobson Family Foundation Wellesley, MA | $38,480,789 | $7,536,069 |
Scott A Nathan Charitable Tr Boston, MA | $6,622,498 | $4,024 |
The Marion Institute Inc Marion, MA | $1,815,280 | $2,011,287 |
Evans Fam Foundation Boston, MA | $4,637,148 | $3,192,838 |
G Gorham Peters Trust Uw Boston, MA | $11,494,096 | $1,330,629 |
Kelly Family Foundation Inc Needham, MA | $24,498,805 | $2,942,680 |
Roger And Clarissa Lee Family Foundation Boston, MA | $3,374,103 | $5,208,816 |