Ramsaye College Scholarship Trust
- Assets
- $1.8m
- Revenue
- $380.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 22-6333205
Organization Overview
Ramsaye College Scholarship 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 College 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 12/2021, Ramsaye College Scholarship Trust generated $380.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $102.6k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 5 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 2015, Ramsaye College Scholarship Trust has awarded 128 individual grants totaling $403,184. 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 | $27,744 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $352,577 |
| Capital Gain Net Income | $352,577 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $380,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,134 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,560 |
| Contributions, gifts, grants paid | $74,000 |
| Total expenses and disbursements | $102,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $74,103 |
| 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 | $1,809,624 |
| 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 College Scholarship Trust has awarded $74,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
LEIVYS M GARCIA PURPOSE: SCHOLARSHIP | $3,000 |
JAELYNN ECHEVARRIA PURPOSE: SCHOLARSHIP | $3,000 |
MICHAEL SCARDIGNO PURPOSE: SCHOLARSHIP | $3,000 |
TERESA Z CAJINA PURPOSE: SCHOLARSHIP | $3,000 |
SYDNEY S CHEPLIC PURPOSE: SCHOLARSHIP | $3,000 |
MAXIMILIAN F ANASA PURPOSE: SCHOLARSHIP | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Grinspoon Foundation Agawam, MA | $968,665,027 | $58,159,410 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
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 |