Ramsaye Medical Assistance Trust
- Assets
- $1.5m
- Revenue
- $36.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 22-6333204
Organization Overview
Ramsaye Medical Assistance Trust is located in Bedford, NH. The organization was established in 2002. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Ramsaye Medical Assistance 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, Ramsaye Medical Assistance Trust generated $36.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $69.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ramsaye Medical Assistance Trust has awarded 251 individual grants totaling $403,807. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,116 |
| Capital Gain Net Income | $3,116 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,539 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,014 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $24,403 |
| Contributions, gifts, grants paid | $44,753 |
| Total expenses and disbursements | $69,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $65,829 |
| 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 | $1,495,181 |
| 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, Ramsaye Medical Assistance Trust has awarded $44,753 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CARMEN BLANQUERA PURPOSE: SCHOLARSHIP | $3,600 |
MARY C DELEON PURPOSE: SCHOLARSHIP | $355 |
LAURA C FERLAND PURPOSE: SCHOLARSHIP | $445 |
DAN JEAN PURPOSE: SCHOLARSHIP | $3,600 |
DIPAK C DESAI PURPOSE: SCHOLARSHIP | $372 |
LIUDMYLA REINHARDT PURPOSE: SCHOLARSHIP | $3,300 |