Ray-Carroll County Grain Growers Scholarship Fund Inc is located in Richmond, MO. The organization was established in 1982. 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. Ray-Carroll County Grain Growers Scholarship Fund Inc 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 08/2023, Ray-Carroll County Grain Growers Scholarship Fund Inc generated $25.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $18.8k during the year ending 08/2023. While expenses have increased by 3.2% per year over the past 7 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 2015, Ray-Carroll County Grain Growers Scholarship Fund Inc has awarded 361 individual grants totaling $183,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAM AWARDS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bently Hogan President | 1 | $0 | |
Shari Kipping Secretary/treasurer | 1 | $0 | |
Kenneth Buhlig Director | 1 | $0 | |
Beau Hepler Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,114 |
| Interest on Savings | $2,153 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,338 |
| Contributions, gifts, grants paid | $14,500 |
| Total expenses and disbursements | $18,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,708 |
| Savings and temporary cash investments | $12,829 |
| 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 | $0 |
| Total assets | $347,177 |
| 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 |
Over the last fiscal year, Ray-Carroll County Grain Growers Scholarship Fund Inc has awarded $25,500 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
AVERY ELIZABETH MATTHEWS PURPOSE: HELP GRADUATES GO TO COLLEGE | $500 |
BRIANA FRERKING PURPOSE: HELP GRADUATES GO TO COLLEGE | $500 |
ELY ALLEN PURPOSE: HELP GRADUATES GO TO COLLEGE | $1,000 |
DREW SANDERS PURPOSE: HELP GRADUATES GO TO COLLEGE | $500 |
ERIC BORGMAN PURPOSE: HELP GRADUATES GO TO COLLEGE | $500 |
JESSE HUBER-BETHARDS PURPOSE: HELP GRADUATES GO TO COLLEGE | $500 |