Gladys Gerrity Scholarship Tr
- Assets
- $1.6m
- Revenue
- $70.6k
- Investments
- $1.6m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/2015
- Data as of
- 06/2024
- EIN
- 80-6262696
Organization Overview
Gladys Gerrity Scholarship Tr is located in Milwaukee, WI. The organization was established in 2015. 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. Gladys Gerrity 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 06/2024, Gladys Gerrity Scholarship Tr generated $70.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $112.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Gladys Gerrity Scholarship Tr has awarded 83 individual grants totaling $774,600. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,775 |
| Capital Gain Net Income | $11,775 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $49 |
| Total Revenue | $70,617 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $24,409 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $776 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,685 |
| Contributions, gifts, grants paid | $86,000 |
| Total expenses and disbursements | $112,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,874 |
| 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 | $55,940 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,559,924 |
| 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, Gladys Gerrity Scholarship Tr has awarded $86,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CARROLL COLLEGE PURPOSE: SCHOLARSHIPS | $5,000 |
MONTANA STATE UNIVERSITY - OFFICE O PURPOSE: SCHOLARSHIPS | $25,000 |
MSU - GREAT FALLS PURPOSE: SCHOLARSHIPS | $10,000 |
UNIVERSITY OF MARY PURPOSE: SCHOLARSHIPS | $5,000 |
UNIVERSITY OF MONTANA PURPOSE: SCHOLARSHIPS | $15,000 |
UNIVERSITY OF PROVIDENCE PURPOSE: SCHOLARSHIPS | $10,000 |