Charles L & Anna N Gault Scholarship Fund
- Assets
- $708.7k
- Revenue
- $68.7k
- Investments
- $689.3k
- Employees
- 0
- Location
- Parkersburg, WV
- Founding
- 12/1985
- Data as of
- 12/2022
- EIN
- 55-6096793
Organization Overview
Charles L & Anna N Gault Scholarship Fund is located in Parkersburg, WV. The organization was established in 1985. 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. Charles L & Anna N Gault 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, Charles L & Anna N Gault Scholarship Fund generated $68.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $45.4k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 8 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 2015, Charles L & Anna N Gault Scholarship Fund has awarded 298 individual grants totaling $347,375. 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 | $342 |
| Dividends & Interest | $18,355 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,994 |
| Capital Gain Net Income | $49,994 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,798 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,103 |
| Contributions, gifts, grants paid | $34,250 |
| Total expenses and disbursements | $45,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,341 |
| Net Accounts receivable | $84 |
| 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 | $708,720 |
| 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, Charles L & Anna N Gault Scholarship Fund has awarded $34,250 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CALEB LUCAS PURPOSE: SCHOLARSHIP | $2,500 |
GRACE WIGAL PURPOSE: SCHOLARSHIP | $2,500 |
AUDREY FENTON PURPOSE: SCHOLARSHIP | $2,500 |
PAIGE LANG PURPOSE: SCHOLARSHIP | $2,500 |
MICHAEL HENDRICKSON III PURPOSE: SCHOLARSHIP | $2,500 |
EMILY STEWART PURPOSE: SCHOLARSHIP | $2,500 |