Marine Corps Reserve Association Education Trust
- Assets
- $57.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- De Pere, WI
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-7247920
Organization Overview
Marine Corps Reserve Association Education Trust is located in De Pere, WI. The organization was established in 2014. 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. Marine Corps Reserve Association 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 12/2021, Marine Corps Reserve Association Education Trust generated $11.7k in total revenue. All expenses for the organization totaled $139.0 during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP PROGRAM WAS SUSPENDED FOR 2020-2021 ACADEMIC YEAR DUE TO COVID PANDEMIC AND LACK OF QUALIFIED APPLICANTS. CURRENTLY ACCEPTING APPLICATIONS FOR 2021-2020 ACADEMIC YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Howlett Chairman, Board Of Trustees | 3 | $0 | |
Robert Donaghue Member, Board Of Trustees | 1 | $0 | |
Seth Synstelien Member, Board Of Trustees | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,812 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,440 |
| Gain or Loss | $1,399 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,651 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $139 |
| Other expenses | $0 |
| Total expenses | $139 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,794 |
| Other assets | $0 |
| Total assets | $57,794 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,794 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marine Corps Reserve Association Education Trust has recieved totaling $156.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |