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Also known as: SCHOLARSHIP FUND CHARITABLE TRUST
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Donald R Ray & Betty M Ray College Scholarship Fund Charitable Trust is a private trust based in HUTCHINSON, KS. The foundation received its IRS ruling in 2020. The principal officer is First National Bank Of Hutchinson. It holds total assets of $3.8M. Annual income is reported at $1.1M. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2020 to 2023. According to available records, Donald R Ray & Betty M Ray College Scholarship Fund Charitable Trust has made 35 grants totaling $631K, with a median grant of $5K. Annual giving has grown from $24K in 2020 to $528K in 2022. Individual grants have ranged from N/A to $146K, with an average award of $18K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Kansas, Missouri, Virginia, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Donald R Ray & Betty M Ray College Scholarship Fund Charitable Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in KS, MO, VA.
Donald R Ray & Betty M Ray College Scholarship Fund Charitable Trust has distributed a total of $631K across 35 grants. The median grant size is $5K, with an average of $18K. Individual grants have ranged from N/A to $146K.
The application deadline is NONE.. Scholarships are awarded to students graduating from pleasanton high school, pleasanton, kansas. The students are selected by the school board of pleasanton unified school district #344. The scholarship is based on academic achievement and financial need.
Donald R Ray & Betty M Ray College Scholarship Fund Charitable Trust is headquartered in HUTCHINSON, KS. While based in KS, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First National Bank | TRUSTEE | $15K | $0 | $15K |
Total Giving
$88K
Total Assets
$3.9M
Fair Market Value
$3.7M
Net Worth
$3.9M
Grants Paid
$73K
Contributions
$22K
Net Investment Income
$81K
Distribution Amount
$173K
Total: $3.7M
Total Grants
35
Total Giving
$631K
Average Grant
$18K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Usd 344SCHOLARSHIPS FOR VARIOUS STUDENTS | Pleasanton, KS | $146K | 2022 |
| Liberty UniversitySCHOLARSHIPS | Lynchburg, VA | $46K | 2022 |
| University Of Central MissouriSCHOLARSHIPS FOR VARIOUS STUDENTS | Warrensburg, MO | $20K | 2022 |
| Champlain CollegeSCHOLARSHIPS FOR VARIOUS STUDENTS | Burlington, VT | $18K | 2022 |
| University Of KansasSCHOLARSHIPS FOR VARIOUS STUDENTS | Kansas City, MO | $14K | 2022 |
| Carson Street TowersSCHOLARSHIP | Hutchinson, KS | $10K | 2022 |
| Emma SabineSCHOLARSHIP | Overland Park, KS | $5K | 2022 |
| Johnson County Community CollegeSCHOLARSHIPS FOR VARIOUS STUDENTS | Overland Park, KS | $3K | 2022 |
| Aubin SkipperSCHOLARSHIP | Hutchinson, KS | $1K | 2022 |
| Reagan HugginsREIMBURSEMENT FOR SCHOOL SUPPLIES | Mound City, KS | $854 | 2022 |
| Kathleen SecrestSCHOLARSHIP | Pleasanton, KS | $500 | 2022 |
| Caleb SecrestREIMBURSEMENT FOR SCHOOL SUPPLIES | Pleasanton, KS | $136 | 2022 |