William Mcgrath Scholarship Trust is a private corporation based in RIDGELAND, SC. The foundation received its IRS ruling in 2006. The principal officer is % Alisa Theuer. It holds total assets of $773K. Annual income is reported at $280K. The foundation will, in accordance with its charitable purpose, make up to $45,000 in distributrions for scholarships of not more than $5,000 per recipient to graduating seniors from the Florence Township High School each year. Distributions to members of the classes of 2019 - 2022 have recognized as program expenses for 2022. According to available records, William Mcgrath Scholarship Trust has made 37 grants totaling $160K, with a median grant of $5K. Annual giving has grown from $40K in 2020 to $75K in 2022. Individual grants have ranged from $3K to $5K, with an average award of $4K. The foundation has supported 17 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
The foundation will, in accordance with its charitable purpose, make up to $45,000 in distributrions for scholarships of not more than $5,000 per recipient to graduating seniors from the Florence Township High School each year. Distributions to members of the classes of 2019 - 2022 have recognized as program expenses for 2022.
Expenses: $38K
Scholarships to be awarded to two members of the class of 2023 will be payable within one year.
The foundation will, in accordance with its charitable purpose, make up to $45,000 in distributrions for scholarships of not more than $5,000 per recipient to graduating seniors from the Florence Township High School each year. Distributions to members of the classes of 2019 - 2022 have recognized as program expenses for 2022. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in NJ.
William Mcgrath Scholarship Trust has distributed a total of $160K across 37 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $3K to $5K.
The application deadline is May 1 each year. Must attend NJ college or University full-time.
William Mcgrath Scholarship Trust is headquartered in RIDGELAND, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Louis Borbi | Trustee | $0 | $0 | $0 |
| Carol Borbi | Trustee | $0 | $0 | $0 |
| Kathleen Lengel | Trustee | $0 | $0 | $0 |
| Donald Porter | Trustee | $0 | $0 | $0 |
| Marge Lukens | Trustee | $0 | $0 | $0 |
Total Giving
$50K
Total Assets
$754K
Fair Market Value
$754K
Net Worth
$714K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$17K
Distribution Amount
$53K
Total Grants
37
Total Giving
$160K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jeffrey TraynorScholarship | Florence, NJ | $5K | 2022 |
| David BuddleScholarship | Florence, NJ | $5K | 2022 |
| Elizabeth ReyesScholarship | Roebling, NJ | $5K | 2022 |
| Jajuan HayesScholarship | Florence, NJ | $5K | 2022 |
| Myara GomezScholarship | Roebling, NJ | $5K | 2022 |
MARCELLUS, NY
SMITH CENTER, KS
DEWITT, IA
MT PROSPECT, IL
HAMILTON, NJ
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Michael DunphyScholarship |
| Roebling, NJ |
| $5K |
| 2022 |
| James CarnivalScholarship | Roebling, NJ | $3K | 2022 |
| Zachary JonesScholarship | Florence, NJ | $3K | 2022 |
| Mariah PielachaScholarship | Florence, NJ | $3K | 2022 |
| Allison KucScholarship | Roebling, NJ | $5K | 2021 |
| Aaron TaylorScholarship | Florence, NJ | $5K | 2021 |
| Ryan KramerScholarship | Bordentown, NJ | $5K | 2021 |
| Sarah SardoniScholarship | Florence, NJ | $5K | 2021 |
| David BuddieScholarship | Florence, NJ | $5K | 2021 |
| Zacary JonesScholarship | Florence, NJ | $3K | 2021 |
| Taylor DembowskiScholarship | Florence, NJ | $5K | 2020 |
| Payne WalachyScholarship | Roebling, NJ | $3K | 2020 |
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