Virginia Lee Franklin Memorial Trust

Organization Overview

Virginia Lee Franklin Memorial Trust is located in Amherst, NY. The organization was established in 1984. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Virginia Lee Franklin Memorial 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 06/2023, Virginia Lee Franklin Memorial Trust generated $23.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $40.6k during the year ending 06/2023. While expenses have increased by 3.3% 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.

Since 2020, Virginia Lee Franklin Memorial Trust has awarded 16 individual grants totaling $119,000. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $10,151
Net Rental Income$0
Net Gain on Sale of Assets $13,493
Capital Gain Net Income $13,493
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $86
Total Revenue $23,730

Grants Awarded

Over the last fiscal year, Virginia Lee Franklin Memorial Trust has awarded $30,500 in support to 4 organizations.

Grant RecipientAmount

UNIVERSITY OF MARYLAND

PURPOSE: SUPPORT

$7,000

UNIVERSITY OF DELAWARE

PURPOSE: FOR SCHOLARSHIPS

$7,500

EMORY UNIVERSITY

PURPOSE: SUPPORT

$7,000

COMMUN COLL BALTO CO-ESSEX CAMPUS

PURPOSE: ESTABLISH AND MAINTAIN

$9,000
View Grant Profile

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