Raymond Michael Cooley Memorial Scholarship Trust
- Assets
- $458.1k
- Revenue
- -$1.9k
- Investments
- $445.2k
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 10/1979
- Data as of
- 08/2023
- EIN
- 57-6082907
Organization Overview
Raymond Michael Cooley Memorial Scholarship Trust is located in Orlando, FL. The organization was established in 1979. 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. Raymond Michael Cooley Memorial Scholarship Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $823 |
| Dividends & Interest | $9,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,938 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,917 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $889 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,139 |
| Contributions, gifts, grants paid | $16,500 |
| Total expenses and disbursements | $17,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,952 |
| 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 | $320,254 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $458,107 |
| 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, Raymond Michael Cooley Memorial Scholarship Trust has awarded $16,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ALLISON WOOD CO ANDERSON UNIVERISTY PURPOSE: SCHOLARSHIP | $1,000 |
MANDY JIANG CO NORTHEASTERN UNIVERSITY PURPOSE: SCHOLARSHIP | $3,250 |
ISABELLE BARNETT CO NORTH GREENVILLE PURPOSE: SCHOLARSHIP | $2,000 |
RILEY B KINARD CO NORTH GREENVILLE UNIV PURPOSE: SCHOLARSHIP | $2,000 |
CAMBRYON JACKSON CO UNIV OF SC PURPOSE: SCHOLARSHIP | $1,000 |
SARA V PROPER CO APPALACHIAN STATE PURPOSE: SCHOLARSHIP | $1,000 |