Ralph Wilson Plastics Scholarship Fund Incorporated Park
- Assets
- $455.6k
- Revenue
- $13.8k
- Investments
- $414.4k
- Employees
- 0
- Location
- Fletcher, NC
- Founding
- 09/1984
- Data as of
- 12/2021
- EIN
- 58-1576914
Organization Overview
Ralph Wilson Plastics Scholarship Fund Incorporated Park is located in Fletcher, NC. The organization was established in 1984. 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. Ralph Wilson Plastics Scholarship Fund Incorporated Park 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 12/2021, Ralph Wilson Plastics Scholarship Fund Incorporated Park generated $13.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $43.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ralph Wilson Plastics Scholarship Fund Incorporated Park has awarded 69 individual grants totaling $203,559. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS - 10 AWARDED TO STUDENTS FOR USE IN HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Clark President | 1 | $0 | |
Rick Sharpe Vice-Pres. | 1 | $0 | |
Debbie Hensley Treasurer | 1 | $0 | |
Andrew Ford Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,805 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $28,753 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,173 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $390 |
| Total operating and administrative expenses | $10,879 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $43,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161 |
| Savings and temporary cash investments | $41,067 |
| 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 | $10,223 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $455,599 |
| 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, Ralph Wilson Plastics Scholarship Fund Incorporated Park has awarded $33,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
HANNAH MCELREATH PURPOSE: SCHOLARSHIP | $3,300 |
BEN MCCULLOCH PURPOSE: SCHOLARSHIP | $3,300 |
HALEY HEMBREE PURPOSE: SCHOLARSHIP | $3,300 |
HALEY CLARK PURPOSE: SCHOLARSHIP | $3,300 |
ENRIQUE ROJAS-MARTINEZ PURPOSE: SCHOLARSHIP | $3,300 |
KATEY BROWN PURPOSE: SCHOLARSHIP | $3,300 |
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 |