Blanche Barr Trone Scholarship Fund is located in Battle Creek, MI. The organization was established in 1986. 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. Blanche Barr Trone 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 12/2021, Blanche Barr Trone Scholarship Fund generated $39.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $24.3k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED 17 SCHOLARSHIP AT 2,500.00 EACH TO NEEDY AND DESERVING STUDENTS FROM BATTLE CREEK AREA TO ASSIST WITH COLLEGE EXPENSES.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $1 |
Dividends & Interest | $16,202 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $22,600 |
Capital Gain Net Income | $22,600 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $473 |
Total Revenue | $39,276 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $788 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $180 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $168 |
Printing and publications | $60 |
Other expenses | $104 |
Total operating and administrative expenses | $6,848 |
Contributions, gifts, grants paid | $17,500 |
Total expenses and disbursements | $24,348 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,550 |
Savings and temporary cash investments | $0 |
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 | $273,821 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $450,298 |
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 |
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