Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund
- Assets
- $2.8m
- Revenue
- $570.9k
- Investments
- $2.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 01/1900
- Data as of
- 12/2021
- EIN
- 36-6613406
Organization Overview
Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund is located in Wilmington, DE. The organization was established in 1900. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2021, Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund generated $570.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $406.6k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund has awarded 12 individual grants totaling $945,000. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,970 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $501,916 |
| Capital Gain Net Income | $501,916 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $570,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,553 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,937 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $570 |
| Total operating and administrative expenses | $91,562 |
| Contributions, gifts, grants paid | $315,000 |
| Total expenses and disbursements | $406,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,231 |
| Savings and temporary cash investments | $404,387 |
| 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 | $2,339,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,755,203 |
| 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, Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund has awarded $315,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CHICAGO PURPOSE: SCHOLARSHIP | $112,000 |
BRANDEIS UNIVERSITY PURPOSE: SCHOLARSHIP | $112,000 |
Chicago, IL PURPOSE: SCHOLARSHIP | $62,000 |
RUSH MEDICAL COLLEGE PURPOSE: SCHOLARSHIP | $29,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Charitable Foundation Inc Bethesda, MD | $421,128,793 | $429,131,785 |
Kendeda Fund Wilmington, DE | $107,220,402 | $29,360,526 |
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
Donald P And Mary E Moriarty Charitable Foundation Chatham, NJ | $28,351,035 | $10,104,907 |
Reitmeier Charitable Trust U-W Fund Pittsburgh, PA | $0 | $783,026 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
The Daniel E And Joyce G Straus Family Foundation Fort Lee, NJ | $70,788,886 | $23,200,737 |