William H Olson M D Scholarship Tr
- Assets
- $1.4m
- Revenue
- $37.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Campbellsville, KY
- Founding
- 06/2005
- Data as of
- 12/2023
- EIN
- 20-6202481
Organization Overview
William H Olson M D Scholarship Tr is located in Campbellsville, KY. The organization was established in 2005. 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. William H Olson M D Scholarship Tr 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 12/2023, William H Olson M D Scholarship Tr generated $37.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $30.2k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, William H Olson M D Scholarship Tr has awarded 110 individual grants totaling $132,500. 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 |
|---|---|---|---|
Mark U Johnson Trustee | 0 | $0 | |
Craig Cox Trustee | 0 | $0 | |
Stephen Hinton MD Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,150 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,660 |
| Contributions, gifts, grants paid | $21,500 |
| Total expenses and disbursements | $30,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $1,436,123 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,436,122 |
| 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, William H Olson M D Scholarship Tr has awarded $21,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AUTUMN MATNEY PURPOSE: SCHOLARSHIP | $1,000 |
RYAN MAYNARD PURPOSE: SCHOLARSHIP | $3,000 |
NATALIE REYNOLDS PURPOSE: SCHOLARSHIP | $3,000 |
ERIC ROGERS PURPOSE: SCHOLARSHIP | $3,000 |
KACIE UNDERWOOD PURPOSE: SCHOLARSHIP | $3,000 |
LOGAN WILLIAMS PURPOSE: SCHOLARSIP | $3,000 |