Harold W & K Lorette Lackey Scholarship Trust
- Assets
- $1.4m
- Revenue
- $90.6k
- Investments
- $1.3m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 91-6423892
Organization Overview
Harold W & K Lorette Lackey Scholarship Trust is located in Sioux Falls, SD. 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.
For the year ending 12/2023, Harold W & K Lorette Lackey Scholarship Trust generated $90.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $128.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harold W & K Lorette Lackey Scholarship Trust has awarded 18 individual grants totaling $733,039. 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 | $57,447 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,397 |
| Capital Gain Net Income | $3,397 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,800 |
| Total Revenue | $90,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,840 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,728 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,999 |
| Contributions, gifts, grants paid | $95,014 |
| Total expenses and disbursements | $128,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188 |
| Savings and temporary cash investments | $143,220 |
| 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 | $856,754 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,443,391 |
| 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, Harold W & K Lorette Lackey Scholarship Trust has awarded $95,014 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH DAKOTA STATE UNIVERSITY FOUNDATION PURPOSE: SCHOLARSHIPS | $47,507 |
UNIVERSITY OF SIOUX FALLS PURPOSE: SCHOLARSHIPS | $47,507 |