Norton Scholarship Trust

Organization Overview

Norton Scholarship Trust is located in Wellsboro, PA. The organization was established in 2009. 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. Norton 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, Norton Scholarship Trust generated $264.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $153.2k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 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, Norton Scholarship Trust has awarded 49 individual grants totaling $701,866. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $44
Dividends & Interest $66,578
Net Rental Income$0
Net Gain on Sale of Assets $197,643
Capital Gain Net Income $197,643
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $306
Total Revenue $264,571

Grants Awarded

Over the last fiscal year, Norton Scholarship Trust has awarded $124,000 in support to 3 organizations.

Grant RecipientAmount

CARTER STEADMAN

PURPOSE: SCHOLARSHIPAWARD

$47,000

MACY J WEST

PURPOSE: SCHOLARSHIPAWARD

$47,000

KELSEY TURK

PURPOSE: SCHOLARSHIPAWARD

$30,000
View Grant Profile

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