Arthur & Doreen Parrett Scholarship Trust Fund
- Assets
- $473.5k
- Revenue
- $13.5k
- Investments
- $469.6k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 00/0000
- Data as of
- 11/2023
- EIN
- 91-6228230
Organization Overview
Arthur & Doreen Parrett Scholarship Trust Fund is located in Milwaukee, WI. The organization was established in 0000. 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.
For the year ending 11/2023, Arthur & Doreen Parrett Scholarship Trust Fund generated $13.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $49.2k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Arthur & Doreen Parrett Scholarship Trust Fund has awarded 49 individual grants totaling $220,365. 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 | $15,406 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,885 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26 |
| Total Revenue | $13,547 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $405 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $13,930 |
| Contributions, gifts, grants paid | $35,256 |
| Total expenses and disbursements | $49,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,825 |
| 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 | $469,648 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $473,473 |
| 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, Arthur & Doreen Parrett Scholarship Trust Fund has awarded $35,256 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WASHINGTON PURPOSE: SCHOLARSHIP | $4,407 |
GONZAGA UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,407 |
CENTRAL WASHINGTON UNIVERSITY PURPOSE: SCHOLARSHIP | $4,407 |
EASTERN WASHINGTON UNIVERSITY PURPOSE: SCHOLARSHIP | $4,407 |
WASHINGTON STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $4,407 |
WESTERN WASHINGTON UNIVERSITY PURPOSE: SCHOLARSHIPS | $4,407 |