John T And Ada M Diederich Educational Trust
- Assets
- $3.3m
- Revenue
- $306.1k
- Investments
- $3.2m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 09/1985
- Data as of
- 12/2021
- EIN
- 31-6271680
Organization Overview
John T And Ada M Diederich Educational Trust is located in Lexington, KY. The organization was established in 1985. 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. John T And Ada M Diederich Educational 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 12/2021, John T And Ada M Diederich Educational Trust generated $306.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $269.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John T And Ada M Diederich Educational Trust has awarded 28 individual grants totaling $354,473. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,291 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $235,784 |
| Capital Gain Net Income | $235,784 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,001 |
| Total Revenue | $306,076 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,596 |
| Other employee salaries and wages | $48,443 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $393 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,560 |
| Printing and publications | $0 |
| Other expenses | $13 |
| Total operating and administrative expenses | $84,509 |
| Contributions, gifts, grants paid | $184,641 |
| Total expenses and disbursements | $269,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $130,352 |
| 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 | $400 |
| Total assets | $3,300,527 |
| 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, John T And Ada M Diederich Educational Trust has awarded $184,641 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
MOREHEAD STATE UNIVERSITY PURPOSE: SCHOLARSHIP/EDUCATIONAL | $73,500 |
Midway, KY PURPOSE: EDUCATIONAL/SCHOLARSHIPS | $18,165 |
EASTERN KENTUCKY UNIVERSITY PURPOSE: SCHOLARSHIP/EDUCATIONAL | $18,000 |
UNIVERSITY OF KENTUCKY PURPOSE: SCHOLARSHIP/EDUCATIONAL | $12,000 |
Pikeville, KY PURPOSE: SCHOLARSHIPS/EDUCATIONAL | $12,000 |
UNIVERSITY OF LOUISVILLE PURPOSE: SCHOLARSHIP/EDUCATIONAL | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Ohio University Foundation Athens, OH | $641,559,157 | $75,179,430 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |
University Of Memphis Foundation Memphis, TN | $175,396,802 | $38,710,840 |
Virginia Commonwealth University College Of Engineering Foundation Richmond, VA | $131,974,636 | $12,076,889 |