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Phillip Ralston Memorial Scholarship Trust is a private trust based in ROCKVALE, TN. The foundation received its IRS ruling in 2002. The principal officer is Melvin L Ralston. It holds total assets of $83K. Annual income is reported at $21K. Total assets have grown from $67K in 2011 to $83K in 2023. The foundation is governed by 1 officer or trustee. The trust has provided scholarships to deserving seniors at community high school in bedford county tennessee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Tennessee. According to available records, Phillip Ralston Memorial Scholarship Trust has made 32 grants totaling $57K, with a median grant of $2K. Annual giving has grown from $7K in 2020 to $15K in 2023. Grantmaking activity was highest in 2022 with $26K distributed across 14 grants. Individual grants have ranged from $1K to $2K, with an average award of $2K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$1K
Largest Grant
$2K
Based on 5 grants from the most recent 990-PF filing.
The trust has provided scholarships to deserving seniors at community high school in bedford county tennessee
Expenses: $7K
The trust has provided scholarships to deserving seniors at community high school in bedford county tennessee. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in TN.
Phillip Ralston Memorial Scholarship Trust has distributed a total of $57K across 32 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $2K.
The application deadline is FEBRUARY 28. Seniors at community high school that will major in music or education.
Phillip Ralston Memorial Scholarship Trust is headquartered in ROCKVALE, TN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Melvin L Ralston | TRUSTEE | $0 | $0 | N/A |
Total Giving
$16K
Total Assets
$83K
Fair Market Value
$83K
Net Worth
$83K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$4K
Total Grants
32
Total Giving
$57K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jesa Layne MooreCOLLEGE TUITION | Unionville, TN | $2K | 2023 |
| Macie LemmonsCOLLEGE TUITION | Chapel Hill, TN | $2K | 2023 |
| Cason Todd NeillCOLLEGE TUITION | Bell Buckle, TN | $2K | 2023 |
| Joseph Daniel BuckinghamCOLLEGE TUITION | Shelbyville, TN | $2K | 2023 |
| Samantha Anne BrooksCOLLEGE TUITION | Shelbyville, TN | $2K | 2023 |
| Mason Gage RalstonCOLLEGE TUITION | Shelbyville, TN | $2K | 2023 |
| Kayla Jessica LopezCOLLEGE TUITION | Shelbyville, TN | $2K | 2023 |
| Bryan Alexander MitchellCOLLEGE TUITION | Unionville, TN | $1K | 2023 |
| Logan Elizabeth BrothersCOLLEGE TUITION | Shelbyville, TN | $1K | 2022 |
| Nathan Larry SmithCOLLEGE TUITION | Unionville, TN | $1K | 2020 |
| Haley Grace ReedCOLLEGE TUITION | Unionville, TN | $1K | 2020 |