Seymour Terry Memorial Scholarship Tr Fund is located in Memphis, TN. The organization was established in 1947. 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. Seymour Terry Memorial Scholarship Tr Fund 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 06/2023, Seymour Terry Memorial Scholarship Tr Fund generated $108.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 70.3% each year . All expenses for the organization totaled $42.0k during the year ending 06/2023. While expenses have increased by 2.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF ARKANSAS 1 UNIVERSITY OF ARKANSAS FAYETTEVILLE AR 72701
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $20,301 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $88,232 |
Capital Gain Net Income | $88,232 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $108,533 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $4,483 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $637 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,483 |
Total operating and administrative expenses | $10,453 |
Contributions, gifts, grants paid | $31,500 |
Total expenses and disbursements | $41,953 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,804 |
Savings and temporary cash investments | $0 |
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 | $675,024 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $679,828 |
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 |
Over the last fiscal year, Seymour Terry Memorial Scholarship Tr Fund has awarded $28,000 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF ARKANSAS MEDHA GURIBE PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |
UNIVERSITY OF ARKANSAS-KAI DITZIG-H PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |
UNIVERSITY OF ARKANSAS CIANNA HAYDE PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |
UNIVERSITY OF ARKANSAS REYNA CHAMBE PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |
UNIVERSITY OF ARKANSAS GABRIEL YOUN PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |
UNIVERSITY OF ARKASNAS YUNTING LEI PURPOSE: COLLEGE SCHOLARSHIP | $3,500 |