Strasburg Community Scholarship Trust Fund Inc
- Assets
- $317.1k
- Revenue
- $11.9k
- Investments
- $264.4k
- Employees
- 0
- Location
- Strasburg, VA
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 54-1727339
Organization Overview
Strasburg Community Scholarship Trust Fund Inc is located in Strasburg, VA. 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. Strasburg Community Scholarship Trust Fund Inc 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, Strasburg Community Scholarship Trust Fund Inc generated $11.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $28.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Strasburg Community Scholarship Trust Fund Inc has awarded 92 individual grants totaling $182,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS SCOLARSHIPS TO GRADUATES OF STRASBURG HIGH SCHOOL LOCATED IN STRASBURG VA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sondra Ritenour Secretarytreasurer | 1 | $0 | |
John Hodson Chairperson | 1 | $0 | |
Olivia Hilton Director | 1 | $0 | |
Bobbi Poling Director | 1 | $0 | |
Pieter Greeff Director | 1 | $0 | |
Melissa Foltz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,307 |
| Dividends & Interest | $5,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,990 |
| Capital Gain Net Income | $4,990 |
| Net ST Capital Gain | $4,366 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,877 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $25 |
| Total operating and administrative expenses | $4,679 |
| Contributions, gifts, grants paid | $23,500 |
| Total expenses and disbursements | $28,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,659 |
| Savings and temporary cash investments | $49,973 |
| 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 | $264,437 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $317,069 |
| 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, Strasburg Community Scholarship Trust Fund Inc has awarded $23,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
MORGAN MRIZEK PURPOSE: SCHOLARSHIP | $4,000 |
REBEKAH GOODING PURPOSE: SCHOLARSHIP | $1,500 |
LUKE MASON PURPOSE: SCHOLARSHIP | $1,500 |
DAVID STOREY PURPOSE: SCHOLARSHIP | $1,500 |
MIA DODSON PURPOSE: SCHOLARSHIP | $1,500 |
JOEL GESSNER PURPOSE: SCHOLARSHIP | $1,500 |