Valentine Braun Irrevocable Education Trust
- Assets
- $247.0k
- Revenue
- $6.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Topeka, KS
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 45-5210612
Organization Overview
Valentine Braun Irrevocable Education Trust is located in Topeka, KS. The organization was established in 2013. 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. Valentine Braun Irrevocable Education Trust 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, Valentine Braun Irrevocable Education Trust generated $6.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $52.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ONLY ACTIVITY OF THE TRUST IS THE INVESTMENT OF ASSETS TO PROVIDE INCOME FOR SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonja Woynick Co-Trustee | 2 | $5,800 | |
Elena Waller-Rybak Co-Trustee | 12 | $24,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,219 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,650 |
| 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 | $5,917 |
| Total operating and administrative expenses | $42,626 |
| Contributions, gifts, grants paid | $9,632 |
| Total expenses and disbursements | $52,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $247,041 |
| 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 | $247,041 |
| 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, Valentine Braun Irrevocable Education Trust has awarded $9,632 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NAOMI DANIEL PURPOSE: SCHOLARSHIP FOR QUALIFIED POST-SECONDARY EDUCATION EXPENSES. | $6,110 |
ALEXIS SIMPSON PURPOSE: SCHOLARSHIP FOR QUALIFIED POST-SECONDARY EDUCATION EXPENSES. | $3,522 |