Scots Charitable Society

Organization Overview

Scots Charitable Society is located in Newtonville, MA. The organization was established in 1942. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scots Charitable Society 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 12/2020, Scots Charitable Society generated $117.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $126.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Scots Charitable Society has awarded 34 individual grants totaling $344,839. 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 $22,726
Interest on Savings $402
Dividends & Interest $35,587
Net Rental Income$0
Net Gain on Sale of Assets $55,825
Capital Gain Net Income $55,825
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,580
Total Revenue $117,120

Grants Awarded

Over the last fiscal year, Scots Charitable Society has awarded $160,500 in support to 20 organizations.

Grant RecipientAmount

VARIOUS

PURPOSE: COLLEGE TUITION

$71,500

VARIOUS

PURPOSE: COLLEGE TUITION

$71,500

KAREN MCKENZIE

PURPOSE: FINANCIAL ASSITANCE FOR THOSE IN NEED

$3,000

KAREN MCKENZIE

PURPOSE: FINANCIAL ASSITANCE FOR THOSE IN NEED

$3,000

MATT DAWSON

PURPOSE: FINANCIAL ASSITANCE FOR THOSE IN NEED

$2,000

MATT DAWSON

PURPOSE: FINANCIAL ASSITANCE FOR THOSE IN NEED

$2,000
View Grant Profile

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