Herbert & Gwendolyn Raab Educational Tr
- Assets
- $952.2k
- Revenue
- $37.8k
- Investments
- $948.9k
- Employees
- 0
- Location
- Brazil, IN
- Founding
- 11/1999
- Data as of
- 06/2024
- EIN
- 35-6645581
Organization Overview
Herbert & Gwendolyn Raab Educational Tr is located in Brazil, IN. The organization was established in 1999. 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. Herbert & Gwendolyn Raab Educational Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Herbert & Gwendolyn Raab Educational Tr has awarded 52 individual grants totaling $124,375. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick French Board Member | 0 | $150 | |
Amy Boor Board Member | 0 | $150 | |
Mary A Thompson Board Member | 0 | $150 | |
Rosalind S Goshen Administrator | 0 | $9,600 | |
Orville Goshen Advisor | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,693 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,133 |
| Total Revenue | $37,847 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,050 |
| 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 | $1,404 |
| Total operating and administrative expenses | $11,454 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $37,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,119 |
| Savings and temporary cash investments | $2,254 |
| 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 | $952,243 |
| 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, Herbert & Gwendolyn Raab Educational Tr has awarded $26,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SYDNEY BAYS PURPOSE: SCHOLARSHIP | $5,000 |
MAKAYLA BARGER PURPOSE: SCHOLARSHIP | $5,000 |
KENNADY HARDEN PURPOSE: SCHOLARSHIP | $3,500 |
HAYLEE LOOKEBILL PURPOSE: SCHOLARSHIP | $500 |
HOPE MAY PURPOSE: SCHOLARSHIP | $500 |
HALLE MILLER PURPOSE: SCHOLARSHIP | $1,000 |