Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund
- Assets
- $2.5m
- Revenue
- $105.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 01/1900
- Data as of
- 12/2022
- EIN
- 36-6613406
Organization Overview
Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund is located in Wilmington, DE. The organization was established in 1900. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2022, Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund generated $105.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $399.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund has awarded 12 individual grants totaling $945,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $86,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,037 |
| Capital Gain Net Income | $19,037 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,591 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $530 |
| Total operating and administrative expenses | $83,975 |
| Contributions, gifts, grants paid | $315,000 |
| Total expenses and disbursements | $398,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,215 |
| Savings and temporary cash investments | $42,755 |
| 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 | $2,358,028 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,461,998 |
| 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, Abe And Esther Manaster Dr Charles H Solomon Scholarship Fund has awarded $315,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CHICAGO PURPOSE: SCHOLARSHIP | $112,000 |
RUSH MEDICAL COLLEGE PURPOSE: SCHOLARSHIP | $29,000 |
ROOSEVELT UNIVERSITY PURPOSE: SCHOLARSHIP | $62,000 |
BRANDEIS UNIVERSITY PURPOSE: SCHOLARSHIP | $112,000 |