Bismark H Turner Scholarship Trust
- Assets
- $407.9k
- Revenue
- $48.6k
- Investments
- $396.3k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1984
- Data as of
- 03/2022
- EIN
- 91-6254764
Organization Overview
Bismark H Turner Scholarship Trust is located in Milwaukee, WI. The organization was established in 1984. 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. Bismark H Turner Scholarship 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 03/2022, Bismark H Turner Scholarship Trust generated $48.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $26.9k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,809 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,732 |
| Capital Gain Net Income | $39,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71 |
| Total Revenue | $48,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,249 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $88 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $8,862 |
| Contributions, gifts, grants paid | $18,005 |
| Total expenses and disbursements | $26,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,602 |
| 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 | $396,250 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $407,852 |
| 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, Bismark H Turner Scholarship Trust has awarded $18,005 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH IDAHO COLLEGE PURPOSE: SCHOLARSHIPS | $3,430 |
Bellingham, WA PURPOSE: SCHOLARSHIPS | $2,250 |
GRAND CANYON UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,000 |
UNIVERSITY OF IDAHO PURPOSE: SCHOLARSHIPS | $1,430 |
Spokane, WA PURPOSE: SCHOLARSHIPS | $1,250 |
Pullman, WA PURPOSE: SCHOLARSHIPS | $1,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |