Frank C & Mary Esther Bishop Educational Tr
- Assets
- $3.1m
- Revenue
- $1.3m
- Investments
- $3.1m
- Employees
- 0
- Location
- Muscatine, IA
- Founding
- 08/1996
- Data as of
- 12/2023
- EIN
- 42-6531722
Organization Overview
Frank C & Mary Esther Bishop Educational Tr is located in Muscatine, IA. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Frank C & Mary Esther Bishop 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.
For the year ending 12/2023, Frank C & Mary Esther Bishop Educational Tr generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $28.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Frank C & Mary Esther Bishop Educational Tr has awarded 382 individual grants totaling $1,006,062. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF SCHOLARSHIPS TO 58 RECIPIENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,673 |
| Dividends & Interest | $80,897 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,173,623 |
| Capital Gain Net Income | $1,173,623 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,263,193 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,718 |
| 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 | $0 |
| Total operating and administrative expenses | $28,618 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $28,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,064,238 |
| 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, Frank C & Mary Esther Bishop Educational Tr has awarded $148,423 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
EDITH BAEZA PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |
VERENIS CARILLO PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |
KILY CASTILLO PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |
JUSHUA GARVIN PURPOSE: EDUCATION SCHOLARSHIP | $2,500 |
ISABELLA MILLER PURPOSE: EDUCATION SCHOLARSHIP | $2,500 |
DYLAN LONGLETT PURPOSE: EDUCATION SCHOLARSHIP | $2,500 |