Matthew Roland Foundation Inc
- Assets
- $19.7k
- Revenue
- $8.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- Data as of
- 12/2022
- EIN
- 87-2488150
Organization Overview
Matthew Roland Foundation Inc is located in Lexington, KY. 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. Matthew Roland Foundation 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, Matthew Roland Foundation Inc generated $8.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2022. 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
TO SUPPORT THE MATTHEW ROLAND SCHOLARSHIP FUNDAT LEXINGTON CATHOLIC HIGH SCHOOL. AN ANNUAL, ONE-TIME COLLEGE SCHOLARSHIP AWARDED TO AN LCHS GRADUATE WHOSE PARENT OR GUARDIAN IS A MILITARY VETERAN.
TO SUPPORT THE AIR FORCE ACADEMY FOUNDATION AND ASSOCIATION OF GRADUATES AND PROVIDE DIRECT SUPPORT FOR THE SANDHURST TEAM FUND.
TO SUPPORT GOLD STAR PEAK, INC., FUNDING SCHOLARSHIPS FOR GOLD STAR CHILDREN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Roland President | 0 | $0 | |
Barbara Roland Treasurer | 0 | $0 | |
Erica Roland Secretary | 0 | $0 | |
Rosemarie Chapman Vice Preside | 0 | $0 | |
Trevor Clark Director | 0 | $0 | |
John Their Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,820 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $108 |
| Total operating and administrative expenses | $108 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $3,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,718 |
| Savings and temporary cash investments | $0 |
| 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 | $19,718 |
| 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, Matthew Roland Foundation Inc has awarded $3,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GOLD STAR PEAK PURPOSE: SUPPORT GOLD STAR CHILDREN | $1,000 |
USAF AND ASSOCIATION OF GRADUATES PURPOSE: FOR SANDHURST TEAM FUND | $1,000 |
LEXINGTON CATHOLIC PURPOSE: FOR MATTHEW ROLAND SCHOLARSHIP FUND | $1,000 |