Scottish Rite Fdn In Ky
- Assets
- $600.5k
- Revenue
- $18.2k
- Investments
- $586.6k
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 02/1965
- Data as of
- 06/2022
- EIN
- 61-6036090
Organization Overview
Scottish Rite Fdn In Ky is located in Louisville, KY. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Scottish Rite Fdn In KY 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 06/2022, Scottish Rite Fdn In KY generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $88.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Scottish Rite Fdn In KY has awarded 16 individual grants totaling $518,557. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MURRAY STATE UNIVERSITY & EASTERN KENTUCKY UNIVERSITY - TO PROVIDE GRANTS TO COLLEGE STUDENTS PURSUING A DOCTORATE IN PUBLIC EDUCATION ADMINISTRATION AND GRADUATE STUDIES IN SPEECH PATHOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Bowman Chairman | 0 | $0 | |
Ronald Miller Treasurer | 0 | $0 | |
Harrold Armstrong Secretary | 0 | $0 | |
Geary Laird Trustee | 0 | $0 | |
Randolph Starks Trustee | 0 | $0 | |
William Martin Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,012 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,764 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,577 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,199 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,163 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44 |
| Total operating and administrative expenses | $9,876 |
| Contributions, gifts, grants paid | $78,557 |
| Total expenses and disbursements | $88,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,843 |
| 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 | $600,462 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $80,000 |
| 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 | $80,000 |
Grants Awarded
Over the last fiscal year, Scottish Rite Fdn In Ky has awarded $78,557 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EASTERN KENTUCKY UNIVERSI PURPOSE: EDUCATION GRANTS | $48,000 |
MURRAY STATE UNIVERSITY PURPOSE: EDUCATION GRANTS | $30,557 |