Franklin - Tilton - Northfield Scholarship Trust
- Assets
- $79.4k
- Revenue
- $6.4k
- Investments
- $75.1k
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 06/1977
- Data as of
- 12/2022
- EIN
- 02-6005055
Organization Overview
Franklin - Tilton - Northfield Scholarship Trust is located in Johnston, RI. The organization was established in 1977. 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. Franklin - Tilton - Northfield 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 12/2022, Franklin - Tilton - Northfield Scholarship Trust generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $5.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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 | $2,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,965 |
| Capital Gain Net Income | $3,965 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,417 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,161 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $125 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $2,686 |
| Contributions, gifts, grants paid | $3,009 |
| Total expenses and disbursements | $5,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,265 |
| 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 | $75,129 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $79,394 |
| 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, Franklin - Tilton - Northfield Scholarship Trust has awarded $3,009 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEW HAMPSHIRE PURPOSE: SCHOLARSHIP | $885 |
PLYMOUTH STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $350 |
NH TECHNICAL INSTITUTE PURPOSE: SCHOLARSHIP | $400 |
DEAN COLLEGE PURPOSE: SCHOLARSHIP | $287 |
DESALES UNIVERSITY PURPOSE: SCHOLARSHIP | $400 |
COMMUNITY COLLEGE OF RHODE ISLAND PURPOSE: SCHOLARSHIP | $287 |