Bruce & Gladys Wright Charitable Trust

Organization Overview

Bruce & Gladys Wright Charitable Trust is located in Edna, TX. The organization was established in 2000. 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. Bruce & Gladys Wright Charitable 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 09/2022, Bruce & Gladys Wright Charitable Trust generated $128.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $73.6k during the year ending 09/2022. While expenses have increased by 1.3% per year over the past 7 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 2015, Bruce & Gladys Wright Charitable Trust has awarded 168 individual grants totaling $503,270. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED 27 SCHOLARSHIPS TO EDNA HIGH SCHOOL GRADUATES ATTENDING A TEXAS COLLEGE OR UNIVERSITY


PROVIDED GRANT TO EDNA EDUCATION FOUNDATION


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1
Dividends & Interest $29,116
Net Rental Income$0
Net Gain on Sale of Assets $99,017
Capital Gain Net Income $99,017
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $128,134

Grants Awarded

Over the last fiscal year, Bruce & Gladys Wright Charitable Trust has awarded $71,000 in support to 15 organizations.

Grant RecipientAmount

TEXAS AM UNIVERSITY

PURPOSE: 9 COLLEGE SCHOLARSHIPS

$23,000

SAM HOUSTON STATE UNIVERSITY

PURPOSE: 3 COLLEGE SCHOLARSHIPS

$9,000

UNIVERSITY OF MARY HARDIN-BAYLOR

Org PageRecipient Profile

Belton, TX

PURPOSE: 2 COLLEGE SCHOLARSHIPS

$7,000

TARELTON STATE UNIVERSITY

PURPOSE: 2 COLLEGE SCHOLARSHIPS

$4,000

UNIVERSITY OF TEXAS

PURPOSE: COLLEGE SCHOLARSHIP

$3,500

TEXAS LUTHERAN UNIVERSITY

Org PageRecipient Profile

Seguin, TX

PURPOSE: COLLEGE SCHOLARSHIP

$3,500
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