Robert B Bunker Medical School Scholarship Trust
- Assets
- $9.2m
- Revenue
- $145.5k
- Investments
- $8.9m
- Employees
- 0
- Location
- Laconia, NH
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 30-6559580
Organization Overview
Robert B Bunker Medical School Scholarship Trust is located in Laconia, NH. The organization was established in 2018. 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. Robert B Bunker Medical School 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 12/2023, Robert B Bunker Medical School Scholarship Trust generated $145.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.4%) each year. All expenses for the organization totaled $710.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Robert B Bunker Medical School Scholarship Trust has awarded 38 individual grants totaling $2,838,222. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COMPLETE MEDICAL SCHOOL SCHOLARSHIPS FOR 8 STUDENTS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,577 |
| Dividends & Interest | $278,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$137,321 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $145,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $62,769 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $432 |
| Total operating and administrative expenses | $64,911 |
| Contributions, gifts, grants paid | $645,156 |
| Total expenses and disbursements | $710,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $278,148 |
| 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 | $9,165,659 |
| 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, Robert B Bunker Medical School Scholarship Trust has awarded $645,156 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ANGEL MOORE PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD. | $80,282 |
DARIO VANEGAS PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $80,626 |
GABRIELLA VALENTIN PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $80,626 |
JULIA BYRD PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD. | $80,282 |
ORAYA VESVORANAN PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD | $81,582 |
JACQUELYN FERGUSON PURPOSE: MEDICAL SCHOOL TUITION, ROOM AND BOARD. | $80,088 |