Ralph Fingerle Educational Award Trust

Organization Overview

Ralph Fingerle Educational Award Trust is located in Cathedral City, CA. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Ralph Fingerle Educational Award 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 12/2021, Ralph Fingerle Educational Award Trust generated $198.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (47.4%) each year. All expenses for the organization totaled $483.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Ralph Fingerle Educational Award Trust has awarded 12 individual grants totaling $1,063,000. 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

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GOAL OF THE TRUST IS TO PROVIDE MONEY TO PROMISING STUDENTS TO PURSUE THEIR EDUCATIONAL GOALS AND WILL MAKE A CONTRIBUTION TO THEIR COMMUNITIES AND SOCIETY


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Board, Officers & Key Employees

Name (title)Compensation
Jack Blackburn
Trustee
$55,000
Richard Clapp
Trustee
$21,000
James Macomber
Trustee
$11,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $50,195
Net Rental Income$0
Net Gain on Sale of Assets $147,318
Capital Gain Net Income $147,318
Net ST Capital Gain $15,625
Income Modifications $0
Profit on Inventory Sales $0
Other Income $921
Total Revenue $198,434

Grants Awarded

Over the last fiscal year, Ralph Fingerle Educational Award Trust has awarded $372,000 in support to 4 organizations.

Grant RecipientAmount

PALM SPRINGS HIGH SCHOOL

PURPOSE: PER THE MISSION STATEMENT

$212,000

CATHEDRAL CITY HIGH SCHOOL

PURPOSE: PER THE MISSION STATEMENT

$130,000

DESERT WINDS FREEDOM BAND

Org PageRecipient Profile

Palm Springs, CA

PURPOSE: PER THE MISSION STATEMENT

$20,000

MT SAN JACINTO HIGH SCHOOL

PURPOSE: PER THE MISSION STATEMENT

$10,000
View Grant Profile

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