Harry & Minerva Townley Educational Trust
- Assets
- $112.2k
- Revenue
- $4.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Wibaux, MT
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 81-6082126
Organization Overview
Harry & Minerva Townley Educational Trust is located in Wibaux, MT. The organization was established in 1998. 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. Harry & Minerva Townley Educational 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, Harry & Minerva Townley Educational Trust generated $4.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $10.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harry & Minerva Townley Educational Trust has awarded 174 individual grants totaling $115,450. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Miske Trustee | 1 | $0 | |
Ronald Efta Attorney | 1 | $0 | |
Judy Bushman Board | 0.5 | $0 | |
Jan Huisman Board | 0.5 | $0 | |
Bonnie Woods Board | 0.5 | $0 | |
Seth Domek Board | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,638 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $265 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $418 |
| Total Revenue | $4,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $155 |
| Other expenses | $210 |
| Total operating and administrative expenses | $2,534 |
| Contributions, gifts, grants paid | $7,450 |
| Total expenses and disbursements | $9,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,528 |
| Savings and temporary cash investments | $107,694 |
| 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 | $112,222 |
| 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, Harry & Minerva Townley Educational Trust has awarded $7,450 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MICAYLA MISKE PURPOSE: SCHOLARSHIP | $500 |
TEL LUNDE PURPOSE: SCHOLARSHIP | $1,300 |
KIRSTEN JOHNSON PURPOSE: SCHOLARSHIP | $450 |
MADISON BAKKEN PURPOSE: SCHOLARSHIP | $400 |
CEARA MISKE PURPOSE: SCHOLARSHIP | $400 |
MARNI SCHIEFFER PURPOSE: SCHOLARSHIP | $1,300 |