Macricostas Scholarship Trust Inc
- Assets
- $143.0k
- Revenue
- $120.8k
- Investments
- $20.4k
- Employees
- 0
- Location
- Brookfield, CT
- Founding
- 05/1997
- Data as of
- 10/2023
- EIN
- 06-1462843
Organization Overview
Macricostas Scholarship Trust Inc is located in Brookfield, CT. The organization was established in 1997. 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. Macricostas Scholarship Trust Inc 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 10/2023, Macricostas Scholarship Trust Inc generated $120.8k in total revenue. All expenses for the organization totaled $41.6k during the year ending 10/2023.
Since 2017, Macricostas Scholarship Trust Inc has awarded 166 individual grants totaling $241,626. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constantine S Macricostas Chairman/director | 0 | $0 | |
Elie Zhang Controller | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $825 |
| Capital Gain Net Income | $825 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $122 |
| Total operating and administrative expenses | $122 |
| Contributions, gifts, grants paid | $41,438 |
| Total expenses and disbursements | $41,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,543 |
| Savings and temporary cash investments | $0 |
| 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 | $20,419 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $142,962 |
| 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, Macricostas Scholarship Trust Inc has awarded $41,438 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BOISE STATE UNIVERSITY ON BEHALF OF CADEN CRITES PURPOSE: SCHOLARSHIP | $1,250 |
CENTRAL CONNECTICUT STATE UNIVERSITY ON BEHALF OF MORGAN SUTTILE PURPOSE: SCHOLARSHIP | $1,750 |
CENTRAL CONNECTICUT STATE UNIVERSITY ON BEHALF OF SPENCER SUTTILE PURPOSE: SCHOLARSHIP | $1,750 |
CENTRAL CONNECTICUT STATE UNIVERSITY ON BEHALF OF JAKE SUTTILE PURPOSE: SCHOLARSHIP | $875 |
FASHION INSTITUTE OF DESIGN AND MERCHANDISING ON BEHALF OF NATALIE CHATERGO PURPOSE: SCHOLARSHIP | $2,625 |
ELON UNIVERSITY ON BEHALF OF ERINA PIRI PURPOSE: SCHOLARSHIP | $1,125 |