Peter J Blosser Scholarship Tr
- Assets
- $2.0m
- Revenue
- $82.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- Chillicothe, OH
- Founding
- 08/1980
- Data as of
- 12/2021
- EIN
- 31-0629687
Organization Overview
Peter J Blosser Scholarship Tr is located in Chillicothe, OH. The organization was established in 1980. 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. Peter J Blosser 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 12/2021, Peter J Blosser Scholarship Tr generated $82.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $114.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peter J Blosser Scholarship Tr has awarded 268 individual grants totaling $261,280. 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
PROVIDED 45 SCHOLARSHIPS TO QUALIFYING APPLICANTS TO AID IN FURTHERING THEIR EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorene C Washington Trustee | 2.5 | $3,600 | |
Tim Nusbaum Trustee | 2.5 | $3,600 | |
Donald C Gatchell Trustee | 2.5 | $3,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $40,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,154 |
| Capital Gain Net Income | $42,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $82,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,800 |
| Other employee salaries and wages | $27,509 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,177 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $115 |
| Other expenses | $21,579 |
| Total operating and administrative expenses | $70,680 |
| Contributions, gifts, grants paid | $43,500 |
| Total expenses and disbursements | $114,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $91,721 |
| 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 | $476,263 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $666,891 |
| Total assets | $1,951,137 |
| Accounts payable and accrued expenses | $2,391 |
| 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 | $2,391 |
Grants Awarded
Over the last fiscal year, Peter J Blosser Scholarship Tr has awarded $43,500 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL HUGHES PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,000 |
AUTUM THOMAS PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
KATHERINE SHELBY PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
KRISTIN COX PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
ANGEL PROEHL PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
DESTINY SAXON PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ruth Mott Foundation Flint, MI | $290,091,185 | $30,117,543 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |