Raymond W Masten And Edith W Masten Scholarship Fund
- Assets
- $34.8k
- Revenue
- $9.8k
- Investments
- $30.4k
- Employees
- 0
- Location
- Milford, DE
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 51-6504612
Organization Overview
Raymond W Masten And Edith W Masten Scholarship Fund is located in Milford, DE. The organization was established in 1996. 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. Raymond W Masten And Edith W Masten 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 12/2022, Raymond W Masten And Edith W Masten Scholarship Fund generated $9.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $11.6k during the year ending 12/2022. While expenses have increased by 15.6% 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.
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 | $1 |
| Dividends & Interest | $4,781 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,061 |
| Capital Gain Net Income | $5,061 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $85 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,505 |
| Contributions, gifts, grants paid | $10,100 |
| Total expenses and disbursements | $11,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,363 |
| 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 | $34,765 |
| 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, Raymond W Masten And Edith W Masten Scholarship Fund has awarded $10,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JAMES STANGL PURPOSE: SCHOLARSHIP | $2,600 |
BEAU DAVIS PURPOSE: SCHOLARSHIP | $2,500 |
JACOB MUIR PURPOSE: SCHOLARSHIP | $2,500 |
DEENA JOHNSON PURPOSE: SCHOLARSHIP | $2,500 |