Mary M Ogle Scholarship Fund Tr
- Assets
- $3.5m
- Revenue
- $712.6k
- Investments
- $3.4m
- Employees
- 0
- Location
- Erie, PA
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 46-6281629
Organization Overview
Mary M Ogle Scholarship Fund Tr is located in Erie, PA. The organization was established in 2015. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Mary M Ogle Scholarship Fund Tr 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 12/2021, Mary M Ogle Scholarship Fund Tr generated $712.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $191.0k during the year ending 12/2021. While expenses have increased by 4.9% 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, Mary M Ogle Scholarship Fund Tr has awarded 19 individual grants totaling $311,348. 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 | $128,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $584,198 |
| Capital Gain Net Income | $584,198 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $712,578 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,737 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,679 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $47,066 |
| Contributions, gifts, grants paid | $143,948 |
| Total expenses and disbursements | $191,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $111,295 |
| 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 | $3,519,896 |
| 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, Mary M Ogle Scholarship Fund Tr has awarded $143,948 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP | $27,000 |
INDIANA UNIVERSITY PURPOSE: SCHOLARSHIP | $20,500 |
Chicago, IL PURPOSE: GENERAL PURPOSES | $20,000 |
BUTLER UNIVERSITY PURPOSE: SCHOLARSHIP | $20,000 |
BALL STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $16,750 |
BOSTON UNIVERSITY PURPOSE: GENERAL PURPOSES | $10,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unicef Usa Impact Fund For Children Inc New York, NY | $79,143,389 | $84,968,409 |
Jack Joseph And Morton Mandel Supporting Foundation Cleveland, OH | $3,137,744,612 | $304,643,754 |
L Brands Foundation Columbus, OH | $10,808,234 | $42,020,639 |
The Naval Institute Foundation Incorporated Annapolis, MD | $16,478,320 | $8,459,950 |
Baltimore City Foundation Inc Baltimore, MD | $20,625,141 | $25,532,138 |
Siemer Institute Columbus, OH | $21,924,276 | $13,963,015 |
Paula And Jerry Gottesman Family Supporting Foundation Inc Whippany, NJ | $103,919,025 | $11,534,966 |
David And Inez Myers Foundation Cleveland, OH | $231,370,323 | $1,575,245 |
Block 3 Community Urban Redevelopment Corporation Cincinnati, OH | $43,753,173 | $7,948,144 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ | $561,838 | $13,044 |
Garnet Health Urgent Care P C Middletown, NY | $2,667,409 | $6,635,976 |
The Harry Halloran Jr Charitable Trust Philadelphia, PA | $26,412,399 | $8,412,088 |