Robert B Bunker Medical School Scholarship Trust
- Assets
- $10.0m
- Revenue
- $504.9k
- Investments
- $9.3m
- Employees
- 0
- Location
- Laconia, NH
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 30-6559580
Organization Overview
Robert B Bunker Medical School Scholarship Trust is located in Laconia, NH. The organization was established in 2018. 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. Robert B Bunker Medical School 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, Robert B Bunker Medical School Scholarship Trust generated $504.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $514.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Robert B Bunker Medical School Scholarship Trust has awarded 31 individual grants totaling $2,162,560. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COMPLETE MEDICAL SCHOOL SCHOLARSHIPS FOR 8 STUDENTS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $67 |
| Dividends & Interest | $292,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $212,082 |
| Capital Gain Net Income | $212,082 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $504,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $527 |
| Total operating and administrative expenses | $41,942 |
| Contributions, gifts, grants paid | $472,548 |
| Total expenses and disbursements | $514,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $774,706 |
| 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 | $10,035,402 |
| 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, Robert B Bunker Medical School Scholarship Trust has awarded $472,548 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
JOSEPH M MINICHIELLO PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $81,782 |
DARIO VANEGAS PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $80,057 |
GABRIELLA VALENTIN PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $80,057 |
NEHAN SALEEM PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $69,688 |
ANH T PHUNG PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $40,966 |
SYLVIA M A GUERRA PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $40,966 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
N H Higher Education Loan Corporation Concord, NH | $928,313,847 | $60,034,018 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Alfond Scholarship Foundation Portland, ME | $2,013,971 | $7,474,819 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |