Edgerton Murphy Scholarships Trust
- Assets
- $0.0
- Revenue
- $28.0
- Investments
- $1.5k
- Employees
- 0
- Location
- Kenly, NC
- Founding
- 02/1987
- Data as of
- 09/2020
- EIN
- 56-1508370
Organization Overview
Edgerton Murphy Scholarships Trust is located in Kenly, NC. The organization was established in 1987. 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. Edgerton Murphy Scholarships 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 09/2020, Edgerton Murphy Scholarships Trust generated $28.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (56.3%) each year. All expenses for the organization totaled $702.0 during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Phillips Trustee | 0 | $0 | |
Tyson Radford Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $59 |
| Dividends & Interest | $24 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $702 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $114,436 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Edgerton Murphy Scholarships Trust has awarded $3,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MAURICIO CARRILLO PURPOSE: TUITION | $2,000 |
TANIA G GRANADOS GASCO PURPOSE: TUITION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |