Margaret G Buckner Scholarhip Trust
- Assets
- $4.8m
- Revenue
- $79.5k
- Investments
- $4.8m
- Employees
- 0
- Location
- Marshall, MO
- Founding
- 02/1996
- Data as of
- 12/2023
- EIN
- 43-1735027
Organization Overview
Margaret G Buckner Scholarhip Trust is located in Marshall, MO. The organization was established in 1996. 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. Margaret G Buckner Scholarhip 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, Margaret G Buckner Scholarhip Trust generated $79.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $273.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Margaret G Buckner Scholarhip Trust has awarded 77 individual grants totaling $1,072,364. 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
SCHOLRSHIP GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin L Haug DO Trustee | 0 | $0 | |
Leslie Coslet Director | 0 | $0 | |
Melanie Elfrink MD Director | 0 | $0 | |
Jan Stapleton RN Bsn Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,621 |
| Dividends & Interest | $41,419 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $106 |
| Capital Gain Net Income | $4,966 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $357 |
| Total Revenue | $79,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $311 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,248 |
| Total operating and administrative expenses | $7,909 |
| Contributions, gifts, grants paid | $265,190 |
| Total expenses and disbursements | $273,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $77,817 |
| 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 | $275,766 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,829,179 |
| 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, Margaret G Buckner Scholarhip Trust has awarded $260,190 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ELIZABETH ANGELHOW SANDIDG ANGELHOW PURPOSE: SCHOLARSHIP | $8,000 |
VANESSA ALVAREZ PURPOSE: SCHOLARSHIP | $2,500 |
SARAH WANSING PURPOSE: SCHOLARSHIP | $14,000 |
STEVEN ELLEFESEN PURPOSE: SCHOLARSHIP | $7,500 |
IRIS CRUZ PURPOSE: SCHOLARSHIP | $10,000 |
HEIDI MORENO PURPOSE: SCHOLARSHIP | $2,500 |