Mary Agnes Scherman And Harold E Scherman Charitable Trust
- Assets
- $3.6m
- Revenue
- $3.7m
- Investments
- $3.3m
- Employees
- 0
- Location
- Paola, KS
- Founding
- Data as of
- 04/2023
- EIN
- 88-3945951
Organization Overview
Mary Agnes Scherman And Harold E Scherman Charitable Trust is located in Paola, KS. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mary Agnes Scherman And Harold E Scherman Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keri Peterson Administrative Officer | 0 | $0 | |
Christian Toman Investment Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,753,396 |
| Interest on Savings | $69,783 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$123,664 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,699,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,527 |
| 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 | $0 |
| Total operating and administrative expenses | $35,128 |
| Contributions, gifts, grants paid | $84,550 |
| Total expenses and disbursements | $119,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $274,897 |
| Savings and temporary cash investments | $0 |
| 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 | $3,579,837 |
| 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, Mary Agnes Scherman And Harold E Scherman Charitable Trust has awarded $84,550 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LOUISBURG MINISTERIAL ALLIANCE PURPOSE: CHARITABLE DONATION TO CHURCHES | $10,200 |
MIDWAY BOOSTER CLUB PURPOSE: BASEBALL AND SOFTBALL SUPPLIES | $10,000 |
LAKEMARY CENTER INC PURPOSE: ADDITION TO FACILITIES FOR EXCEPTIONAL PERSONS | $54,350 |
HOLY TRINITY PURPOSE: RENOVATIONS TO SCHOOL | $10,000 |