Jay & Corrine Tuthill Memorial Scholarship Trust

Organization Overview

Jay & Corrine Tuthill Memorial Scholarship Trust is located in Hayden, AL. The organization was established in 1986. 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. Jay & Corrine Tuthill Memorial 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.

For the year ending 12/2023, Jay & Corrine Tuthill Memorial Scholarship Trust generated $51.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $57.9k during the year ending 12/2023. While expenses have increased by 8.3% per year over the past 9 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, Jay & Corrine Tuthill Memorial Scholarship Trust has awarded 91 individual grants totaling $222,201. 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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Board, Officers & Key Employees

Name (title)Compensation
Jonathan Johnson
VP
$0
Chester Thomas
Secretary
$0
Derek Pigg
President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $144
Dividends & Interest $48,950
Net Rental Income$0
Net Gain on Sale of Assets $2,206
Capital Gain Net Income $2,206
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $51,300

Grants Awarded

Over the last fiscal year, Jay & Corrine Tuthill Memorial Scholarship Trust has awarded $52,000 in support to 9 organizations.

Grant RecipientAmount

CUMBERLAND UNIVERSITY

PURPOSE: EDUCATIONAL

$2,000

FAULKNER UNIVERSITY

PURPOSE: EDUCATIONAL

$14,500

FRIENDS OF LOCUST FORK

PURPOSE: EDUCATIONAL

$1,000

HERITAGE CHRISTIAN UNIVERSITY

PURPOSE: EDUCATIONAL

$5,000

UAH

PURPOSE: EDUCATIONAL

$6,000

UNIVERSITY OF NORTH ALABAMA

PURPOSE: EDUCATIONAL

$7,500
View Grant Profile

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