Leland Tr is located in Holyoke, CO. The organization was established in 2011. 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. Leland Tr 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, Leland Tr generated $179.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $298.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Leland Tr has awarded 371 individual grants totaling $1,630,015. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP - THE TRUST PROVIDES SCHOLARSHIPS TO INDIVIDUALS FOR ASSISTANCE WITH POST-SECONDARY EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimbra Killin Trustee | 4 | $0 | |
David Colver Trustee | 4 | $0 | |
Carol Haynes Treasurer | 6 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3,703 |
Dividends & Interest | $14,470 |
Net Rental Income | $116,872 |
Net Gain on Sale of Assets | $26,160 |
Capital Gain Net Income | $26,160 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $178,979 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,467 |
Depreciation | $37 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15,484 |
Total operating and administrative expenses | $20,278 |
Contributions, gifts, grants paid | $277,690 |
Total expenses and disbursements | $297,968 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,057 |
Savings and temporary cash investments | $31 |
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 | $2,380,825 |
Investments—mortgage loans | $0 |
Investments—other | $498,833 |
Net Land, buildings, and equipment | $0 |
Other assets | $8,764 |
Total assets | $2,962,249 |
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 |
Over the last fiscal year, Leland Tr has awarded $277,690 in support to 39 organizations.
Grant Recipient | Amount |
---|---|
ADAMS STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $12,000 |
AIMS COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $3,500 |
BLACK HILLS STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $3,500 |
BAYLOR UNIVERSITY PURPOSE: SCHOLARSHIP | $10,500 |
COLORADO CHRISTIAN UNIVERSITY PURPOSE: SCHOLARSHIP | $3,500 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: SCHOLARSHIP | $3,500 |