Edward Ramsdale Scholarship Fund Inc
- Assets
- $972.9k
- Revenue
- $62.7k
- Investments
- $876.5k
- Employees
- 0
- Location
- Moscow, ID
- Founding
- 09/1997
- Data as of
- 12/2022
- EIN
- 84-1398428
Organization Overview
Edward Ramsdale Scholarship Fund Inc is located in Moscow, ID. The organization was established in 1997. 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. Edward Ramsdale Scholarship Fund Inc 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, Edward Ramsdale Scholarship Fund Inc generated $62.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $59.3k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOLARSHIPS TO STUDENTS GRADUATING THE FROM TROY HIGH SCHOOL, TROY, IDAHO. THESE SCHOLARSHIPS ASSISTED STUDENTS IN OBTAINING ACADEMIC OR OCCUPATIONAL TRAINING BEYOND THE HIGH SCHOOL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Priebe Director | 0 | $0 | |
Patrick Smith President | 0 | $0 | |
Wendy Fredrickson Secretary | 0 | $0 | |
Greg Mann Treasurer | 0 | $0 | |
Klaire Vogt Director | 0 | $0 | |
Ashley Bull Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,054 |
| Dividends & Interest | $22,388 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,337 |
| Capital Gain Net Income | $23,337 |
| Net ST Capital Gain | $9,680 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,873 |
| Total Revenue | $62,652 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,541 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $358 |
| Total operating and administrative expenses | $4,899 |
| Contributions, gifts, grants paid | $54,427 |
| Total expenses and disbursements | $59,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $92,797 |
| 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 | $1,560 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $876,506 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $972,863 |
| 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 | $57,177 |
| Total liabilities | $57,177 |
Grants Awarded
Over the last fiscal year, Edward Ramsdale Scholarship Fund Inc has awarded $29,848 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TROY CLASS OF 2016 PURPOSE: SCHOLARSHIPS | $28,927 |
TROY CLASS OF 2013 PURPOSE: SCHOLARSHIPS | $921 |