William B And Lela P Earle Scholarship Trust Fund
- Assets
- $5.2k
- Revenue
- $117.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain Rest, SC
- Founding
- 06/2000
- Data as of
- 12/2022
- EIN
- 58-6384762
Organization Overview
William B And Lela P Earle Scholarship Trust Fund is located in Mountain Rest, SC. The organization was established in 2000. 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. William B And Lela P Earle Scholarship Trust 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, William B And Lela P Earle Scholarship Trust Fund generated $117.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.3% each year . All expenses for the organization totaled $269.9k during the year ending 12/2022. While expenses have increased by 16.6% per year over the past 4 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 2020, William B And Lela P Earle Scholarship Trust Fund has awarded 61 individual grants totaling $611,271. 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
SCHOLARSHIPS TO INDIVIDUALS TO A FOUR YEAR UNIVERSITY SEE PART XV FOR DETAILS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry C Brandt Trustee | 0 | $0 | |
John D Ridley Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $113,085 |
| Capital Gain Net Income | $113,085 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,051 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $966 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $1,981 |
| Contributions, gifts, grants paid | $267,917 |
| Total expenses and disbursements | $269,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,241 |
| Savings and temporary cash investments | $0 |
| 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 | $5,241 |
| 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, William B And Lela P Earle Scholarship Trust Fund has awarded $267,917 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ADDISON ROSE SMITH PURPOSE: COLLEGE TUITION AND BOOKS | $11,900 |
AUSTIN MICHAEL LIPPINCOTT PURPOSE: COLLEGE TUITION AND BOOKS | $12,681 |
AINSLEY GRACE LORD PURPOSE: COLLEGE TUITION AND BOOKS | $14,007 |
CAROLINE ROSE LEE PURPOSE: COLLEGE TUITION AND BOOKS | $11,200 |
DANIELLE STRADER PURPOSE: COLLEGE TUITION AND BOOKS | $27,866 |
EMILY NEVILLA RODRIQUEZ PURPOSE: COLLEGE TUITION AND BOOKS | $8,859 |