Peter J Blosser Scholarship Tr
- Assets
- $1.9m
- Revenue
- $121.2k
- Investments
- $1.2m
- Employees
- 0
- Location
- Chillicothe, OH
- Founding
- 08/1980
- Data as of
- 12/2023
- 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 12/2023, Peter J Blosser Scholarship Tr generated $121.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $140.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peter J Blosser Scholarship Tr has awarded 305 individual grants totaling $319,060. 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
PROVIDED 55 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 | $4,500 | |
Donald C Gatchell Trustee | 2.5 | $4,500 | |
Tim Nusbaum Trustee | 2.5 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $1,234 |
| Dividends & Interest | $40,335 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,640 |
| Capital Gain Net Income | $62,640 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,532 |
| Total Revenue | $121,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,500 |
| Other employee salaries and wages | $29,792 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,351 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $228 |
| Other expenses | $25,108 |
| Total operating and administrative expenses | $79,204 |
| Contributions, gifts, grants paid | $61,000 |
| Total expenses and disbursements | $140,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $59,479 |
| 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 | $416,050 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $592,413 |
| Total assets | $1,874,075 |
| Accounts payable and accrued expenses | $2,186 |
| 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 | $2,186 |
Grants Awarded
Over the last fiscal year, Peter J Blosser Scholarship Tr has awarded $61,000 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
AARON EVANS PURPOSE: EDUCATIONAL SCHOLARSHIPS | $1,000 |
ALLISON FULLER PURPOSE: EDUCATIONAL SCHOLARSHIPS | $1,000 |
ALYSIA CUNNINGHAM PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
ALLISON GOZY PURPOSE: EDUCATIONAL SCHOLARSHIPS | $1,000 |
ALYSSA STEELE PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
BOBBI CASH PURPOSE: EDUCATIONAL SCHOLARSHIP | $500 |