Ronald J York Scholarship Fund
- Assets
- $3.6m
- Revenue
- $257.3k
- Investments
- $3.6m
- Employees
- 0
- Location
- Barre, VT
- Founding
- 06/2010
- Data as of
- 06/2024
- EIN
- 27-0667297
Organization Overview
Ronald J York Scholarship Fund is located in Barre, VT. The organization was established in 2010. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Ronald J York Scholarship Fund 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 06/2024, Ronald J York Scholarship Fund generated $257.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $406.1k during the year ending 06/2024. While expenses have increased by 9.0% per year over the past 8 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, Ronald J York Scholarship Fund has awarded 94 individual grants totaling $2,340,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND PROVIDES SCHOLARSHIPS TO ASSIST SPAULDING HIGH SCHOOL GRADUATES WITH EDUCATION AT A 4 YEAR COLLEGE OR UNIVERSITY. PREFERENCE IS GIVEN TO THOSE SEEKING A BACHELORS DEGREE IN ENGINEERING, AVIATION OR THE SCIENCES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,905 |
| Dividends & Interest | $147,265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,974 |
| Capital Gain Net Income | $100,974 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $148 |
| Total Revenue | $257,292 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,078 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,919 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $367 |
| Total operating and administrative expenses | $46,069 |
| Contributions, gifts, grants paid | $360,000 |
| Total expenses and disbursements | $406,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,321 |
| 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 | $2,552,622 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,612,298 |
| 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, Ronald J York Scholarship Fund has awarded $360,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP FUNDS | $15,000 |
GARDNER-WEBB UNIVERSITY PURPOSE: SCHOLARSHIP FUNDS | $105,000 |
NORWICH UNIVERSITY PURPOSE: SCHOLARSHIP FUNDS | $15,000 |
PURDUE UNIVERSITY PURPOSE: SCHOLARSHIP FUNDS | $105,000 |
NORWICH UNIVERSITY PURPOSE: SCHOLARSHIP FUNDS | $105,000 |
GARDNER-WEBB UNIVERSITY PURPOSE: SCHOLARSHIP FUNDS | $15,000 |