Multinational Scholars Charitable Trust 1907
- Assets
- $8.7m
- Revenue
- $29.7k
- Investments
- $8.1m
- Employees
- 0
- Location
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 98-1174991
Organization Overview
Multinational Scholars Charitable Trust 1907 is located in null. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Multinational Scholars Charitable Trust 1907 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, Multinational Scholars Charitable Trust 1907 generated $29.7k 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 (11.5%) each year. All expenses for the organization totaled $551.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,663 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,835 |
| 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 | $22,676 |
| Total operating and administrative expenses | $161,898 |
| Contributions, gifts, grants paid | $390,000 |
| Total expenses and disbursements | $551,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $614,916 |
| 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 | $8,087,553 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,702,469 |
| 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, Multinational Scholars Charitable Trust 1907 has awarded $390,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GRANTMAKING FOR GENERAL OPERATIONS | $290,000 |
Norton, MA PURPOSE: GRANTMAKING FOR GENERAL OPERATIONS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ivey Business School Foundation | $20,172,840 | $19,210,645 |
Huo Family Foundation | $180,782,473 | $30,378,058 |
Black Heart Foundation Us | $374,009 | $2,243,879 |
Multinational Educational Charitable Tr 1909 | $10,567,231 | $43,044 |
Multinational Scholars Charitable Trust 1907 | $8,702,469 | $29,663 |
Prairie Centre For Christian Education | $445,894 | $384,259 |
Delta Environmental & Education Foundation | $64,172 | $300,286 |