Burl E Salisbury Memorial Scholarship Fund is located in Coldwater, MI. The organization was established in 1983. 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. Burl E Salisbury Memorial Scholarship Fund 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 04/2022, Burl E Salisbury Memorial Scholarship Fund generated $20.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $21.8k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (14.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3 |
Dividends & Interest | $3,068 |
Profit on Inventory Sales | $0 |
Other Income | $14,100 |
Total Revenue | $20,061 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $5,005 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $7,808 |
Contributions, gifts, grants paid | $14,000 |
Total expenses and disbursements | $21,808 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $99,748 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, Burl E Salisbury Memorial Scholarship Fund has awarded $14,000 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
HARLEE DAVIS PURPOSE: EDUCATIONAL | $1,500 |
EMILY RISSMAN PURPOSE: EDUCATIONAL | $1,500 |
BLAINE ROBINSON PURPOSE: EDUCATIONAL | $1,000 |
MARGAN ROSE PURPOSE: EDUCATIONAL | $1,500 |
JENNA SALEK PURPOSE: EDUCATIONAL | $1,000 |
KIRSTEN KECH PURPOSE: EDUCATIONAL | $1,000 |