Miller Scholarship Trust
- Assets
- $506.2k
- Revenue
- $37.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1991
- Data as of
- 12/2023
- EIN
- 37-6280528
Organization Overview
Miller Scholarship Trust is located in Chicago, IL. The organization was established in 1991. 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. Miller 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 12/2023, Miller Scholarship Trust generated $37.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Miller Scholarship Trust has awarded 58 individual grants totaling $153,923. 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 | $11,032 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,171 |
| Capital Gain Net Income | $26,171 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,076 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $396 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $4,487 |
| Contributions, gifts, grants paid | $31,473 |
| Total expenses and disbursements | $35,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6 |
| Savings and temporary cash investments | $27,233 |
| 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 | $478,922 |
| Total assets | $506,161 |
| 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, Miller Scholarship Trust has awarded $31,473 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AYDEN MENCH PURPOSE: SCHOLARSHIP | $3,497 |
ELIZABETH REED PURPOSE: SCHOLARSHIP | $3,497 |
KARINA HERNANDEZ PURPOSE: SCHOLARSHIP | $3,497 |
ELIZABETH BELVILLE PURPOSE: SCHOLARSHIP | $3,497 |
KERIGAN ONION PURPOSE: SCHOLARSHIP | $3,497 |
EMMA HENDERSON PURPOSE: SCHOLARSHIP | $3,497 |