Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr
- Assets
- $4.0m
- Revenue
- $35.7k
- Investments
- $3.9m
- Employees
- 0
- Location
- Hutchinson, KS
- Founding
- Data as of
- 12/2022
- EIN
- 85-6284698
Organization Overview
Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr is located in Hutchinson, KS. 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. Donald R Ray & Betty M Ray College Scholarship Fund 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, Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr generated $35.7k in total revenue. All expenses for the organization totaled $286.1k during the year ending 12/2022.
Since 2020, Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr has awarded 23 individual grants totaling $367,006. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $69,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,405 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,526 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $111 |
| Total operating and administrative expenses | $22,157 |
| Contributions, gifts, grants paid | $263,968 |
| Total expenses and disbursements | $286,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,120 |
| Savings and temporary cash investments | $77,818 |
| 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 | $4,011,286 |
| 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, Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr has awarded $263,968 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
AUBIN SKIPPER PURPOSE: SCHOLARSHIP | $1,204 |
CALEB SECREST PURPOSE: REIMBURSEMENT FOR SCHOOL SUPPLIES | $136 |
CARSON STREET TOWERS PURPOSE: SCHOLARSHIP | $9,585 |
CHAMPLAIN COLLEGE PURPOSE: SCHOLARSHIPS FOR VARIOUS STUDENTS | $17,652 |
EMMA SABINE PURPOSE: SCHOLARSHIP | $5,192 |
JOHNSON COUNTY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS FOR VARIOUS STUDENTS | $2,955 |