NORTH NEWTON, KS

Torline Family Scholarship Trust

Quick Facts

EIN: 866512916
Location: NORTH NEWTON, KS
Phone: (316) 772-2198
Category: Education
Total Assets: $100K
Annual Income: $34K
IRS Ruling Year: 2021
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Torline Family Scholarship Trust is a private trust based in NORTH NEWTON, KS. The foundation received its IRS ruling in 2021. It holds total assets of $100K. Annual income is reported at $34K. AWARDED SCHOLARSHIPS IN 2022 TO THREE NEWTON HIGH SCHOOL GRADUATING SENIORS PERSUING HIGHER EDUCATION. According to available records, Torline Family Scholarship Trust has made 8 grants totaling $9K, with a median grant of $1K. Annual giving has grown from $3K in 2021 to $6K in 2022. Individual grants have ranged from $1K to $2K, with an average award of $1K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Kansas. Contributions to this foundation are tax-deductible.

Application Information

Deadline

CHECK WITH NEWTON HIGH SCHOOL, NEWTON, KS ADDRESS ABOVE

Restrictions

GRADUATING SENIORS NEWTON HIGH SCHOOL, NEWTON, KANSAS

Programs & Activities

AWARDED SCHOLARSHIPS IN 2021 TO TWO NEWTON HIGH SCHOOL GRADUATING SENIORS PERSUING HIGHER EDUCATION.

Expenses: $3K

Frequently Asked Questions

What does Torline Family Scholarship Trust fund?

AWARDED SCHOLARSHIPS IN 2022 TO THREE NEWTON HIGH SCHOOL GRADUATING SENIORS PERSUING HIGHER EDUCATION. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KS.

How much does Torline Family Scholarship Trust give in grants?

Torline Family Scholarship Trust has distributed a total of $9K across 8 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $2K.

How do I apply for a grant from Torline Family Scholarship Trust?

The application deadline is CHECK WITH NEWTON HIGH SCHOOL, NEWTON, KS ADDRESS ABOVE. GRADUATING SENIORS NEWTON HIGH SCHOOL, NEWTON, KANSAS.

Where is Torline Family Scholarship Trust located?

Torline Family Scholarship Trust is headquartered in NORTH NEWTON, KS.

Key People & Compensation (2022)

Name	Title	Compensation	Benefits	Total
John G Torline	TRUSTEE	$0	$0	$0
Teresa L Henning	TRUSTEE	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$6K

2023+12%

Total Assets

$76K

2023+0%

Fair Market Value

$72K

2023

Net Worth

$76K

2023

Grants Paid

$4K

2023

Contributions

$4K

2023

Net Investment Income

$510

2023

Distribution Amount

$3K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Revenue Sources (2023)

Contributions: $4K
Dividends: $2K
Interest: $5
Capital Gains (Net): $-632

Financial Details (2023)

Total Revenue: $6K
Total Expenses: $6K
Exempt Purpose Expenses: $4K
Required Distribution: $3K
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $7
Tax Due: $7

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$9K

Average Grant

$1K

Median Grant

$1K

Unique Recipients

Most Common Grant

$1K

Grant Disbursements by Year

Grant Range

Min$1K

Max$2K

Median: $1K

Smallest grantLargest grant

Openness to New Grantees (2022)

of 2022 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

KS$9K (8)

Past Grantees

Recipient	Location	Amount	Year
Grace OwenHIGHER EDUCATION	Newton, KS	$1K	2022
Dulce Erazo TejadaHIGHER EDUCATION	Newton, KS	$1K	2022
Daniel Gonzalez ArevaloHIGHER EDUCATION	Newton, KS	$1K	2022
Anthony WedelHIGHER EDUCATION	Newton, KS	$2K	2021
Kati BlaylockHIGHER EDUCATION	Newton, KS	$2K	2021