W S And Mary E@benbrook Scholarship Trust is located in Mountain Home, AR. 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. W S And Mary E@benbrook 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 12/2023, W S And Mary E@benbrook Scholarship Trust generated $47.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $50.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W S And Mary E@benbrook Scholarship Trust has awarded 230 individual grants totaling $338,158. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023 THE FOUNDATION PROVIDED 29 PARTIAL EDUCATIONAL SCHOLARSHIPS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micaela Johnson Committee Me | 0 | $0 | |
Janet Evans Committee Me | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,314 |
| Dividends & Interest | $26,036 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,786 |
| Capital Gain Net Income | $1,682 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $255 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,591 |
| Contributions, gifts, grants paid | $35,640 |
| Total expenses and disbursements | $50,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$8 |
| Savings and temporary cash investments | $32,375 |
| 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 | $462,820 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $772,019 |
| 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 |
Over the last fiscal year, W S And Mary E@benbrook Scholarship Trust has awarded $35,640 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ALYSSA PETTIT PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,800 |
AMBER WEBER PURPOSE: EDUCATIONAL SCHOLARSHIP | $900 |
ANDREW RUEGSEGGER PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,080 |
CALEB MCGOWAN PURPOSE: EDUCATIONAL SCHOLARSHIP | $720 |
ELLIOTT RUEGSEGGER PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,080 |
EMILY SECHREST PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,980 |