Mallard-Turner Memorial Scholarship Trust
- Assets
- $576.3k
- Revenue
- $50.5k
- Investments
- $573.2k
- Employees
- 0
- Location
- Uvalde, TX
- Founding
- 09/1991
- Data as of
- 12/2023
- EIN
- 74-6384709
Organization Overview
Mallard-Turner Memorial Scholarship Trust is located in Uvalde, TX. The organization was established in 1991. 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. Mallard-Turner 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.
For the year ending 12/2023, Mallard-Turner Memorial Scholarship Trust generated $50.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $79.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mallard-Turner Memorial Scholarship Trust has awarded 436 individual grants totaling $520,151. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
HERNANDEZ, SABRINA; GRANADOS, ROSE; GARZA, MARIA; GARZA, IZDEL; ESTRADA, ANABEL; AVILA, CHELSEA; BARBOZA, MAKAYLA; ARIZMENDI, ROSA; ARIZMENDI, CELESTE; GARCIA, AMARANTA; MARTINEZ, KAYLANI; HERNANDEZ, YOLANDA; MALDONADO; YLIANA; RUIZ, ROSEMARY; MENCHACA, GABRIELLA ALL RECEIVED $1,236 EACH.GARZA, ROSA; DIAZ, MONIQUE; GARCIA, JOCELYN; ROMERO, JESSICA; PERES, SATERA; MUNOZ, KASSANDRA; MORALES, JUSTIN; MARTINEZ-AGUILAR, BRENDA; KECK, LANDON; IBARRA, AYLIN; GOMEZ, REYNA; GARZA, JULIANA; GARZA, CRISTINA; BACA, JOHNATHAN; CANALES, SMANATHA ALL RECEIVED $2,212VALENTINE, KATIANA; SENDEJO, GARRETT; SANTONS, NATALY; PRADO, REGINA; PATCHING, FRANCIS; PADAN, JAN LESLIE; MARTINEZ, EMILY; LONG, BROOKE; LOMBARDO, ALYSSA; HERNANDEZ, HAILEY; GARCIA, TALIA; GARCIA, NENISHKA; DIONGZON, LYNDON EMMANUEL; DIONGZON, LYND DANIELLE; DAVILA, KARYSSA; COBOS, JAVIER; CARDENAS, JOSHLYN; CALDWELL, ASHLEY ALL RECEIVED $1,030 EACH.VILLALOVOS, VANESSA; REYES, ARIANNA; HERNANDEZ, SAMANTHA; CANO, JULISSA ALL RECEIVED $976
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,053 |
| Capital Gain Net Income | $4,053 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,236 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,639 |
| Contributions, gifts, grants paid | $74,164 |
| Total expenses and disbursements | $79,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,082 |
| 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 | $576,292 |
| 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, Mallard-Turner Memorial Scholarship Trust has awarded $74,164 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
SABRINA HERNANDEZ PURPOSE: EDUCATION | $1,236 |
MARIA GARZA PURPOSE: EDUCATION | $1,236 |
ROSE GRANADOS PURPOSE: EDUCATION | $1,236 |
ANABEL ESTRADA PURPOSE: EDUCATION | $1,236 |
IZDEL GARZA PURPOSE: EDUCATION | $1,236 |
CHELSEA AVILA PURPOSE: EDUCATION | $1,236 |