F&m Trust Co Scholarship Program Trust 30276200
- Assets
- $158.4k
- Revenue
- $30.8k
- Investments
- $131.3k
- Employees
- 0
- Location
- Chambersburg, PA
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 25-6823291
Organization Overview
F&m Trust Co Scholarship Program Trust 30276200 is located in Chambersburg, PA. The organization was established in 0000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2022, F&m Trust Co Scholarship Program Trust 30276200 generated $30.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $16.0k during the year ending 12/2022. While expenses have increased by 6.6% 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,522 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,464 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,777 |
| Capital Gain Net Income | $4,777 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,763 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $875 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $459 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,029 |
| Contributions, gifts, grants paid | $11,000 |
| Total expenses and disbursements | $16,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,057 |
| 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 | $131,293 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $158,350 |
| 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, F&m Trust Co Scholarship Program Trust 30276200 has awarded $11,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MARYLAND - CYLE WINTERS PURPOSE: SCHOLARSHIP | $1,000 |
UNIVERSITY OF DELAWARE - CARSON WINTERS PURPOSE: SCHOLARSHIP | $2,000 |
PENN STATE UNIVERSITY - COURTNEY CABLE PURPOSE: SCHOLARSHIP | $2,000 |
PENNSYLVANIA COLLEGE OF ART & DESIGN PURPOSE: SCHOLARSHIP | $2,000 |
SHIPPENSBURG UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |
GEORGE WASHINGTON UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |