Mabel W Springfield Trust
- Assets
- $1.3m
- Revenue
- $65.2k
- Investments
- $1.2m
- Employees
- 0
- Location
- Sayre, OK
- Founding
- 08/1963
- Data as of
- 02/2024
- EIN
- 73-6101794
Organization Overview
Mabel W Springfield Trust is located in Sayre, OK. The organization was established in 1963. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mabel W Springfield 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 02/2024, Mabel W Springfield Trust generated $65.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $40.0k during the year ending 02/2024. While expenses have increased by 3.4% 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 2016, Mabel W Springfield Trust has awarded 120 individual grants totaling $231,184. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $65,236 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $65,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $378 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $277 |
| Total operating and administrative expenses | $1,975 |
| Contributions, gifts, grants paid | $37,990 |
| Total expenses and disbursements | $39,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,102 |
| 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 | $1,308,703 |
| 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, Mabel W Springfield Trust has awarded $37,990 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
LUCIEN ZAKRZEWICS PURPOSE: HIGHER EDUCATION | $6,285 |
MASON VALDEZ PURPOSE: HIGHER EDUCATION | $6,285 |
MAKENNA ARNOLD PURPOSE: HIGHER EDUCATION | $4,535 |
ZOE VINCENT PURPOSE: HIGHER EDUCATION | $2,785 |
BAILEY SEYMOUR PURPOSE: HIGHER EDUCATION | $3,535 |
CORBETT WOODS PURPOSE: HIGHER EDUCATION | $2,285 |