Phillip Ralston Memorial Scholarship Trust

Organization Overview

Phillip Ralston Memorial Scholarship Trust is located in Rockvale, TN. The organization was established in 2002. 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. Phillip Ralston Memorial 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, Phillip Ralston Memorial Scholarship Trust generated $10.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $13.7k during the year ending 12/2022. While expenses have increased by 17.6% 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST HAS PROVIDED SCHOLARSHIPS TO DESERVING SENIORS AT COMMUNITY HIGH SCHOOL IN BEDFORD COUNTY TENNESSEE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $4,747
Net Rental Income$0
Net Gain on Sale of Assets $5,424
Capital Gain Net Income $5,424
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $10,171

Grants Awarded

Over the last fiscal year, Phillip Ralston Memorial Scholarship Trust has awarded $13,000 in support to 7 organizations.

Grant RecipientAmount

LOGAN ELIZABETH BROTHERS

PURPOSE: COLLEGE TUITION

$1,000

MACIE LEMMONS

PURPOSE: COLLEGE TUITION

$2,000

JESA LAYNE MOORE

PURPOSE: COLLEGE TUITION

$2,000

BRYAN ALEXANDER MITCHELL

PURPOSE: COLLEGE TUITION

$2,000

CASON TODD NEILL

PURPOSE: COLLEGE TUITION

$2,000

MASON GAGE RALSTON

PURPOSE: COLLEGE TUITION

$2,000
View Grant Profile

Peer Organizations

Organization NameAssets
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St Louis, MO
$7,587,422
Golf Club Of Tennessee
Kingston Springs, TN
$9,371,348
Watson-Brown Foundation Inc
Thomson, GA
$2,880,157
The Hagan Scholarship Foundation
Columbia, MO
$27,514,326
Bill And Carol Latimer Charitable Foundation
Union City, TN
$28,531,702
Henrico Education Foundation Incorporated
Henrico, VA
$10,032,205
Laura Holland Uzzell Foundation
Morrisville, NC
$8,442,552
The Hartwell Foundation Corporation
Memphis, TN
$5,256,698
Birmingham Promise Inc
Birmingham, AL
$7,953,999
Golden Valley Memorial Hospital Foundation Inc
Clinton, MO
$3,478,374
Catholic Education Foundation Inc
Louisville, KY
$8,348,400
Woodward Hines Education Foundation
Jackson, MS
$28,726,652
Kentucky Fried Chicken Foundation Inc
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$6,895,190
American Redistricting Project
Alexandria, VA
$3,133,760
Alef Fund Inc
Atlanta, GA
$6,190,879
University Of West Georgia Foundation Inc
Carrollton, GA
$10,389,838
Uab Research Foundation
Birmingham, AL
$6,912,834
Pitt Community College Foundation Inc
Greenville, NC
$1,913,782
Memphis Teacher Residency Inc
Memphis, TN
$6,665,811
The Fund For Theological Education Inc
Atlanta, GA
$7,187,666
Access College Foundation
Norfolk, VA
$8,084,908
Coca-Cola Scholars Foundation Inc
Atlanta, GA
$8,693,738
Chi Omega Foundation
Memphis, TN
$12,639,643
Arete Scholars Fund Inc
Dacula, GA
$5,894,748
Eminent Scholars Foundation
Huntsville, AL
$754,182

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