Oliver L Etnier Tr Ua 26813-0 Fbo John S Morrison Scholarship Fund
- Assets
- $16.7m
- Revenue
- $210.8k
- Investments
- $16.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 00/0000
- Data as of
- 04/2023
- EIN
- 51-6170516
Organization Overview
Oliver L Etnier Tr Ua 26813-0 Fbo John S Morrison Scholarship Fund is located in Wilmington, DE. The organization was established in 0000. 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. Oliver L Etnier Tr Ua 26813-0 Fbo John S Morrison 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 04/2023, Oliver L Etnier Tr Ua 26813-0 Fbo John S Morrison Scholarship Fund generated $210.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.3%) each year. All expenses for the organization totaled $939.2k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,062 |
| Dividends & Interest | $359,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$236,445 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $78,411 |
| Total Revenue | $210,811 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $93,706 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,766 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $115 |
| Total operating and administrative expenses | $201,169 |
| Contributions, gifts, grants paid | $738,013 |
| Total expenses and disbursements | $939,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,251 |
| 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 | $16,708,522 |
| 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, Oliver L Etnier Tr Ua 26813-0 Fbo John S Morrison Scholarship Fund has awarded $738,013 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
RENSSELAER POLYTECHNIC INSTITUTE PURPOSE: GENERAL OPERATING FUND | $341 |
STEVENS INSTITUTE OF TECHNOLOGY PURPOSE: GENERAL OPERATING FUND | $556,282 |
CARNEGIE MELON UNIVERSITY PURPOSE: GENERAL OPERATING FUND | $333 |
MT UNION AREA SCHOOL DISTRICT PURPOSE: GENERAL OPERATING FUND | $181,057 |