S T & Mabel I Nuttycomb Charitable Trust No 2
- Assets
- $594.0k
- Revenue
- $52.6k
- Investments
- $398.5k
- Employees
- 0
- Location
- Phillipsburg, KS
- Founding
- 08/1987
- Data as of
- 09/2023
- EIN
- 48-1027799
Organization Overview
S T & Mabel I Nuttycomb Charitable Trust No 2 is located in Phillipsburg, KS. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. S T & Mabel I Nuttycomb Charitable Trust No 2 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 09/2023, S T & Mabel I Nuttycomb Charitable Trust No 2 generated $52.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $46.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, S T & Mabel I Nuttycomb Charitable Trust No 2 has awarded 110 individual grants totaling $429,017. 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 PAYMENTS TO POST SECONDARY INSTITUTIONS FOR STUDENTS SELECTED BY APPLICATION PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denis Miller Trustee | 1 | $1,354 | |
Craig Schemper Trustee | 1 | $1,354 | |
Douglas Vahle Trustee | 1 | $1,354 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $100 |
| Dividends & Interest | $23,807 |
| Net Rental Income | $21,535 |
| 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 | $468 |
| Total Revenue | $52,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,017 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $33 |
| Taxes | $797 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,208 |
| Total operating and administrative expenses | $13,906 |
| Contributions, gifts, grants paid | $33,005 |
| Total expenses and disbursements | $46,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,629 |
| 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 | $398,487 |
| Net Land, buildings, and equipment | $182,925 |
| Other assets | $0 |
| Total assets | $594,041 |
| 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, S T & Mabel I Nuttycomb Charitable Trust No 2 has awarded $45,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COLBY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP FOR 3 STUDENTS. | $3,000 |
FORT HAYS STATE UNIVERSIY PURPOSE: SCHOLARSHIP FOR 5 STUDENTS. | $10,500 |
KANSAS STATE UNIVERSITY PURPOSE: SCHOLARSHIP FOR 4 STUDENTS | $7,500 |
HIGHLAND JR COLLEGE PURPOSE: SCHOLARSHIP FOR 1 STUDENT | $2,500 |
KANSAS CITY KS COMM COLLEGE PURPOSE: SCHOLARSHIP FOR 1 STUDENT. | $1,000 |
KANSAS UNIVERSITY PURPOSE: SCHOLARSHIP. | $3,500 |