Ramsaye College Scholarship Trust
- Assets
- $1.7m
- Revenue
- $49.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Bedford, NH
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 22-6333205
Organization Overview
Ramsaye College Scholarship 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 College Scholarship 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 College Scholarship Trust generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $141.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ramsaye College Scholarship Trust has awarded 198 individual grants totaling $507,395. 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 | $24,033 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,557 |
| Capital Gain Net Income | $25,557 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,269 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $36,740 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $141,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,495 |
| 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 | $1,717,558 |
| 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 College Scholarship Trust has awarded $105,000 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
MISHA NAIR PURPOSE: SCHOLARSHIP | $3,000 |
IVANA SANCHEZ PURPOSE: SCHOLARSHIP | $4,500 |
MIGUEL TORRES PURPOSE: SCHOLARSHIP | $2,000 |
NATALIE JONAS PURPOSE: SCHOLARSHIP | $4,500 |
ALEXIS ABREGO PURPOSE: SCHOLARSHIP | $2,000 |
ASHLEY YANG PURPOSE: SCHOLARSHIP | $2,000 |