Richard Richardi Scholarship Tr
- Assets
- $1.5m
- Revenue
- $37.9k
- Investments
- $1.5m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 03/1996
- Data as of
- 05/2023
- EIN
- 59-7062049
Organization Overview
Richard Richardi Scholarship Tr is located in Las Vegas, NV. The organization was established in 1996. 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. Richard Richardi Scholarship 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 05/2023, Richard Richardi Scholarship Tr generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $145.8k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Richard Richardi Scholarship Tr has awarded 343 individual grants totaling $674,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald E Hawkins ESQ Co-Trustee | 0 | $28,356 | |
Name Not Listed Co-Trustee | 0 | $28,356 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,998 |
| Dividends & Interest | $33,016 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,910 |
| Capital Gain Net Income | $1,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5 |
| Total Revenue | $37,929 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,712 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $63,344 |
| Contributions, gifts, grants paid | $82,500 |
| Total expenses and disbursements | $145,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,011 |
| 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 | $937,868 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,540,980 |
| 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, Richard Richardi Scholarship Tr has awarded $82,500 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
GIOVANNA ANELLO PURPOSE: SCHOLARSHIP | $1,000 |
JENIFER ATTALLAH PURPOSE: SCHOLARSHIP | $3,000 |
JULIA BEAL PURPOSE: SCHOLARSHIP | $500 |
SARAH BRENNAN PURPOSE: SCHOLARSHIP | $2,000 |
MEGAN CANNEY PURPOSE: SCHOLARSHIP | $500 |
STEPHAN COLLERAN PURPOSE: SCHOLARSHIP | $1,000 |