SARATOGA SPGS, NY

William L Ford Scholarship Trust

Also known as: C/O ADIRONDACK TRUST COMPANY

Quick Facts

EIN: 347165893
Location: SARATOGA SPGS, NY
Phone: (518) 584-5844
Category: Philanthropy & Grantmaking
Total Assets: $12K
Annual Income: $1K
IRS Ruling Year: 2006
Organization Type: Non-Operating Foundation
Principal Officer: % Adirondak Trust Company
Tax Deductibility: Contributions are deductible

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About This Foundation

William L Ford Scholarship Trust is a private trust based in SARATOGA SPGS, NY. The foundation received its IRS ruling in 2006. The principal officer is % Adirondak Trust Company. It holds total assets of $12K. Annual income is reported at $1K. EDUCATIONAL GRANTS AND AWARDS (SEE PART XV). According to available records, William L Ford Scholarship Trust has made 4 grants totaling $4K, with a median grant of $1K. The foundation has distributed between $1K and $1K annually from 2020 to 2023. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.

Application Information

Restrictions

HIGH SCHOOL GRADUATE GOING TO COLLEGE FROM SARATOGA SPRINGS CITY SCHOOL DISTRICT. THE STUDENT IS TO HAVE AN 85 OR HIGHER AVERAGE, DEMONSTRATES LEADERSHIP QUALITIES AND STRIVES TOWARD COMMUNITY BETTERMENT.

Programs & Activities

EDUCATIONAL GRANTS AND AWARDS (SEE PART XV)

EXPENSES RELATED TO DISBURSEMENTS FOR CHARITABLE PURPOSES.

Frequently Asked Questions

What does William L Ford Scholarship Trust fund?

EDUCATIONAL GRANTS AND AWARDS (SEE PART XV). Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.

How much does William L Ford Scholarship Trust give in grants?

William L Ford Scholarship Trust has distributed a total of $4K across 4 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $1K.

How do I apply for a grant from William L Ford Scholarship Trust?

Where is William L Ford Scholarship Trust located?

William L Ford Scholarship Trust is headquartered in SARATOGA SPGS, NY.

Key People & Compensation (2022)

Name	Title	Compensation	Benefits	Total
The Adirondack Trust Company	TRUSTEE	$77	$0	$77

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$2K

2023-26%

Total Assets

$13K

2023-8%

Fair Market Value

$17K

2023

Net Worth

$13K

2023

Grants Paid

$1K

2023

Contributions

2023

Net Investment Income

$292

2023

Distribution Amount

$838

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Revenue Sources (2023)

Capital Gains (Net): $439
Dividends: $373
Interest: $66

Financial Details (2023)

Total Revenue: $878
Total Expenses: $2K
Exempt Purpose Expenses: $1K
Required Distribution: $838
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $4
Tax Due: $4

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsYes

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$4K

Average Grant

$1K

Median Grant

$1K

Unique Recipients

Most Common Grant

$1K

Grant Disbursements by Year

Grant Range

Min$1K

Max$1K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

NY$4K (4)

Past Grantees

Recipient	Location	Amount	Year
Katie LindleyEDUCATION	Saratoga Springs, NY	$1K	2023
Chase DemickEDUCATION	Saratoga Springs, NY	$1K	2022
Vania SihEDUCATION	Saratoga Springs, NY	$1K	2021
Abigail GetzEDUCATION	Saratoga Springs, NY	$1K	2020