Archbishop Molloy High Schoolcharitable Trust

Organization Overview

Archbishop Molloy High Schoolcharitable Trust is located in Briarwood, NY. The organization was established in 1946. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Archbishop Molloy High Schoolcharitable 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 12/2018, Archbishop Molloy High Schoolcharitable Trust generated $405.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.9%) each year.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP PROVIDE FOR THE EDUCATIONAL NEEDS OF STUDENTS ATTENDING ARCHBISHOP MOLLOY HIGH SCHOOL. THE TRUST FUND IS TO BE USED EXCLUSIVELY FOR THE EDUCATIONAL NEEDS OF THE STUDENTS AND GRANTS MAY BE MADE IN THE FORM OF SCHOLARSHIPS, TUITION ASSISTANCE, OR TO SUPPORT OTHER EDUCATIONAL ACTIVITIES OF THE SCHOOL. GRANTS OF SCHOLARSHIPS OR TUITION SUPPORT WILL BE MADE DIRECTLY TO THE TUITION FOR DESIGNATED STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FOR THE EDUCATIONAL NEEDS OF STUDENTS ATTENDING ARCHBISHOP MOLLOY HIGH SCHOOL. THE TRUST FUND IS TO BE USED EXCLUSIVELY FOR THE EDUCATIONAL AND CHARITABLE PURPOSES OF ARCHBISHOP MOLLOY HIGH SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Rossi
Trustee/chairman
$0
Brother James Adams
Trustee
$0
Robert Volk
Trustee
$0
Richard Merzbacher
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $338,125
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $67,575
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $405,700

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Archbishop Molloy High Schoolcharitable Trust has recieved totaling $40,000.

Awarding OrganizationAmount
Vanguard Charitable Endowment Program

Southeastern, PA

PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE

$40,000
View Grant Recipient Profile

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