Mccoy Scholarship Fund Trust
- Assets
- $277.0k
- Revenue
- $11.1k
- Investments
- $252.7k
- Employees
- 0
- Location
- Yakima, WA
- Founding
- 05/1996
- Data as of
- 12/2021
- EIN
- 91-6389327
Organization Overview
Mccoy Scholarship Fund Trust is located in Yakima, WA. The organization was established in 1996. 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. Mccoy Scholarship Fund 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 12/2021, Mccoy Scholarship Fund Trust generated $11.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $30.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mccoy Scholarship Fund Trust has awarded 53 individual grants totaling $102,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne Willard Trustee | 8 | $9,855 | |
Kelly Willard Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,642 |
| Capital Gain Net Income | $2,642 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,855 |
| 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 | $250 |
| Total operating and administrative expenses | $17,580 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $30,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,401 |
| Savings and temporary cash investments | $1,870 |
| 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 | $215,931 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $277,007 |
| 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, Mccoy Scholarship Fund Trust has awarded $13,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DENISE MACIES YVC PURPOSE: SCHOLARSHIP | $3,000 |
LAUREN CHRISTENSON YVCC PURPOSE: SCHOLARSHIP | $3,000 |
DELANEY BOYLE CARROLL PURPOSE: SCHOLARSHIP | $2,500 |
FATIMA LOVEZ-VILLANUEVA UW PURPOSE: SCHOLARSHIP | $1,500 |
SALVADOR AYALA HERITAGE PURPOSE: SCHOLARSHIP | $1,500 |
JASMINE V JAMES WWU PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
College Dreams Inc Grants Pass, OR | $2,542,440 | $3,694,638 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
One Ummah Foundation In Memory Of Mustafa Saeed Rahman Lake Oswego, OR | $1,906,238 | $1,873,006 |