Roselli Fam Scholarship Tr

Organization Overview

Roselli Fam Scholarship Tr is located in Barre, VT. The organization was established in 2008. 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. Roselli Fam Scholarship Tr 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 12/2022, Roselli Fam Scholarship Tr generated $111.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $175.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MOST SIGNIFICANT ACTIVITY & MISSION IS TO HOLD, MANAGE, ADMINISTER AND DISTRIBUTE SCHOLARSHIP FUNDS TO BENEFIT STUDENTS THAT ARE RESIDENTS OF THE CITY OF MONTPELIER AND HAVE GRADUATED FROM ITS DESIGNATED HIGH SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH LOCAL HIGH SCHOOL, DISTRIBUTED TOTAL INSTALLMENT OF MULTI-YEAR SCHOLARSHIPS TO 36 STUDENTS. DISTRIBUTED FIRST INSTALLMENT TO 13 STUDENTS, DISTRIBUTED SECOND INSTALLMENT TO 10 STUDENTS, DISTRIBUTED THIRD INSTALLMENT TO 10 STUDENTS, AND DISTRIBUTED FOURTH INSTALLMENT TO 3 STUDENTS TO ATTEND VARIOUS POST SECONDARY EDUCATIONAL INSTITUTIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $139,986
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$29,759
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $110,988

Peer Organizations

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