Michael L Wolf And Rosalie J Hill Trust
- Assets
- $515.4k
- Revenue
- -$18.2k
- Investments
- $496.6k
- Employees
- 0
- Location
- Fredericksburg, VA
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 51-0645108
Organization Overview
Michael L Wolf And Rosalie J Hill Trust is located in Fredericksburg, VA. The organization was established in 2008. 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. Michael L Wolf And Rosalie J Hill Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Michael L Wolf And Rosalie J Hill Trust has awarded 31 individual grants totaling $121,500. 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 FOR GRADUATES OF STAFFORD COUNTY, VIRGINIA PUBLIC SCHOOLS WHO ATTEND MARY WASHINGTON UNIVERSITY OR THE UNIVERSITY OF VIRGINIA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $21,022 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$39,212 |
| Capital Gain Net Income | $2,506 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$18,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,141 |
| 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 | $1,016 |
| Total operating and administrative expenses | $11,187 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $41,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,072 |
| Savings and temporary cash investments | $14,731 |
| 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 | $198,440 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $515,418 |
| 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, Michael L Wolf And Rosalie J Hill Trust has awarded $30,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
RACHEL CHUNG PURPOSE: SCHOLARSHIP | $4,500 |
SAYED MURTAZA FAKHRY PURPOSE: SCHOLARSHIP | $4,500 |
ABDUL-SALAM O GIDADO PURPOSE: SCHOLARSHIP | $4,500 |
ELIZABETH HAGAN MANSON PURPOSE: SCHOLARSHIP | $4,500 |
VICNA MUEJAH KAWA PURPOSE: SCHOLARSHIP | $4,500 |
EMILY ROSE MURGO PURPOSE: SCHOLARSHIP | $4,500 |