Bryan Merry Basketball Scholarship Fund
- Assets
- $142.7k
- Revenue
- $1.2k
- Investments
- $134.7k
- Employees
- 0
- Location
- Durango, CO
- Founding
- 07/1983
- Data as of
- 03/2024
- EIN
- 74-2251706
Organization Overview
Bryan Merry Basketball Scholarship Fund is located in Durango, CO. The organization was established in 1983. 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. Bryan Merry Basketball Scholarship Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Bryan Merry Basketball Scholarship Fund has awarded 43 individual grants totaling $132,308. 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 AWARDED TO ATHELETES BECAUSE OF DEVOTION, SPIRIT, DEDICATION AND HARD WORK FOR THEIR TEAM. SIX SCHOLARSHIPS WERE AWARDED DURING THE FISCAL YEAR. EXPENSES INCLUDE ADMINISTRATION FOR SCHOLARSHIPS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Merry President | 1 | $0 | |
Jacqueline Merry Kar Vice President | 0 | $0 | |
Gail Merry Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,010 |
| Interest on Savings | $16 |
| Dividends & Interest | $4,447 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,349 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $51 |
| Total Revenue | $1,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,150 |
| Total operating and administrative expenses | $1,160 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $20,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,333 |
| Savings and temporary cash investments | $1,701 |
| 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 | $142,723 |
| 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, Bryan Merry Basketball Scholarship Fund has awarded $19,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NICK BASTIN PURPOSE: SCHOLARSHIP | $3,000 |
NICHOLAS BEST PURPOSE: SCHOLARSHIP | $3,500 |
RILEY CAMBELL PURPOSE: SCHOLARSHIP | $3,000 |
MASON ROWLAND PURPOSE: SCHOLARSHIP | $3,000 |
ZAYDA MESTAS PURPOSE: SCHOLARSHIP | $3,500 |
MADDOX BRYANT PURPOSE: SCHOLARSHIP | $3,000 |