John Bakes Scholarship Trust Fund
- Assets
- $192.6k
- Revenue
- -$4.8k
- Investments
- $183.9k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1987
- Data as of
- 12/2023
- EIN
- 35-6406002
Organization Overview
John Bakes Scholarship Trust Fund is located in Pittsburgh, PA. The organization was established in 1987. 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. John Bakes Scholarship Trust Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUED SCHOLARSHIPS TO EIGHT INDIVIDUALS FOR STUDY AT VARIOUS UNIVERSITIES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,681 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,928 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $408 |
| Total Revenue | -$4,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,616 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,654 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $11,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,647 |
| 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 | $183,921 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $192,568 |
| 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, John Bakes Scholarship Trust Fund has awarded $8,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MCKAILA PEELMAN PURPOSE: SCHOLARSHIP | $1,000 |
JOSIE BELL PURPOSE: SCHOLARSHIP | $1,000 |
PEYTON MERICA PURPOSE: SCHOLARSHIP | $1,000 |
KIERAN GROOVER PURPOSE: SCHOLARSHIP | $1,000 |
SIDNEY HALLORAN PURPOSE: SCHOLARSHIP | $1,000 |
MAKENNA PERKINS PURPOSE: SCHOLARSHIP | $1,000 |