Arkansas Steel Associates Charitable Tr

Organization Overview

Arkansas Steel Associates Charitable Tr is located in Newport, AR. The organization was established in 2000. 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. Arkansas Steel Associates Charitable 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 12/2022, Arkansas Steel Associates Charitable Tr generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $41.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Arkansas Steel Associates Charitable Tr has awarded 168 individual grants totaling $212,375. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $65
Dividends & Interest $4,110
Net Rental Income$0
Net Gain on Sale of Assets $19,822
Capital Gain Net Income $19,822
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $6,074
Total Revenue $30,071

Grants Awarded

Over the last fiscal year, Arkansas Steel Associates Charitable Tr has awarded $40,500 in support to 21 organizations.

Grant RecipientAmount

DRIVE

PURPOSE: SCHOLARSHIP

$12,000

NEA CHARITABLE FOUNDATION

PURPOSE: SCHOLARSHIP

$10,000

JACKSON COUNTY HUMANE SOCIETY

Org PageRecipient Profile

Newport, AR

PURPOSE: ANIMAL SHELTER CAPITAL PROJECTS

$8,000

NEWPORT SCHOOL DISTRICT CHARITABLE FOUNDATION INC

PURPOSE: SCHOLARSHIP

$5,000

HARRIS FOUNDATION

PURPOSE: SCHOLARSHIP

$1,500

REAGAN WASHAM

PURPOSE: SCHOLARSHIP

$250
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