Charlotte Spinney Vision Scholarship Trust Inc
- Assets
- $123.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westborough, MA
- Founding
- 12/2018
- Data as of
- 06/2022
- EIN
- 83-2187120
Organization Overview
Charlotte Spinney Vision Scholarship Trust Inc is located in Westborough, MA. The organization was established in 2018. 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. Charlotte Spinney Vision Scholarship Trust Inc 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 06/2022, Charlotte Spinney Vision Scholarship Trust Inc generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (44.4%) each year. All expenses for the organization totaled $18.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MENTORING AND FINANCIAL HELP TO HIGH SCHOOL AND COLLEGE STUDENTS. IN FY22, FINANCIAL ASSISTANCE, USUALLY IN THE FORM OF COLLEGE FEES, SAT FEES, ETC., WERE GIVEN TO 10 STUDENTS. FIFTEEN STUDENTS ARE CURRENTLY SPINNEY SCHOLARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Henderson Director | 2 | $0 | |
Flora Bellofatto Director | 2 | $0 | |
Carrie Brown Executive Director | 6 | $0 | |
Lisa Greenwald Clerk | 3 | $0 | |
Glenn Mcleod Director | 2 | $0 | |
John Foley Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,776 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,251 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,027 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $527 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,614 |
| Total expenses | $18,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,113 |
| Other assets | $0 |
| Total assets | $123,113 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,113 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Charlotte Spinney Vision Scholarship Trust Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
First Eagle Investment Management Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |