The Lacy And Mattie Meador Family Academic Scholarship Trust
- Assets
- $923.9k
- Revenue
- -$20.3k
- Investments
- $907.6k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/1997
- Data as of
- 05/2023
- EIN
- 54-6385104
Organization Overview
The Lacy And Mattie Meador Family Academic Scholarship Trust is located in Dallas, TX. The organization was established in 1997. 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. Lacy And Mattie Meador Family Academic Scholarship Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Lacy And Mattie Meador Family Academic Scholarship Trust has awarded 19 individual grants totaling $138,300. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$41,020 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$20,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,563 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,339 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $550 |
| Total operating and administrative expenses | $31,268 |
| Contributions, gifts, grants paid | $50,400 |
| Total expenses and disbursements | $81,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,268 |
| 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 | $923,884 |
| 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, The Lacy And Mattie Meador Family Academic Scholarship Trust has awarded $50,400 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
RADFORD UNIVERSITY PURPOSE: COLLEGE/UNIVERSITY STUDENT | $3,200 |
MOUNTAIN EMPIRE COMMUNITY PURPOSE: COLLEGE/UNIVERSITY STUDENT | $8,500 |
UNIVERSITY OF VIRGINIA PURPOSE: COLLEGE/UNIVERSITY STUDENT | $10,200 |
EAST TENNESSEE STATE PURPOSE: COLLEGE/UNIVERSITY STUDENT | $3,000 |
UNIVERSITY OF VA - WISE PURPOSE: COLLEGE/UNIVERSITY STUDENT | $18,000 |
AVERETT UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $3,000 |