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← UNITED ASSOCIATION SCHOLARSHIP TR

Form 990 for tax year 2023

Filed by UNITED ASSOCIATION SCHOLARSHIP TR.

Totals

Total revenue
$1,418,944
Total expenses
$433,412
Contributions and grants received
$1,406,677
Grants paid
$177,500
Program service revenue
$0
Investment income
$0
Other revenue
$12,267
Total assets, end of year
$1,755,694
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,755,694
Program services expenses (Part IX)
$433,412
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$433,412

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,406,677

  • 11a · Other revenue: ROYALTIES FROM AFFINIT

    total $12,267 · related or exempt $12,267

  • 11e · Other revenue, total

    $12,267

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $154,500 · program services $154,500

  • 3 · Grants to foreign organizations and individuals

    total $23,000 · program services $23,000

  • 24a · Other expenses: SPECIAL EVENT COSTS

    total $255,912 · program services $255,912

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $755,646 · end of year $1,751,385

  • 4 · Accounts receivable

    beginning of year $14,516 · end of year $4,309

  • 27 · Net assets without donor restrictions

    beginning of year $770,162 · end of year $1,755,694

Mission and programs · 2023

Mission

THE UA SCHOLARSHIP TRUST WAS ESTABLISHED FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF AWARDING SCHOLARSHIPS TO DEPENDENTS OF UA MEMBERS.

Activities or mission (Part I)

THE UA SCHOLARSHIP TRUST WAS ESTABLISHED FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF AWARDING SCHOLARSHIPS TO DEPENDENTS OF UA MEMBERS

  • SCHOLARSHIPS TO THE DEPENDENTS OF UA MEMBERS

    Expenses $433,412 · Grants $177,500

As filed on the 2023 return.

Listed in Part VII

  • Mark McManus

    TRUSTEE

    Total calculated
    $651,303
    From this org
    $0
    From related orgs
    $496,200
    Other
    $155,103
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,200 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $108,682 related
    Nontaxable benefits
    $0 + $46,421 related
    Filer's total
    $0 + $651,303 related
  • Michael Pleasant

    TRUSTEE

    Total calculated
    $579,017
    From this org
    $0
    From related orgs
    $439,319
    Other
    $139,698
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $439,319 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $93,277 related
    Nontaxable benefits
    $0 + $46,421 related
    Filer's total
    $0 + $579,017 related
  • Bart McCartin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Patrick Kellett

    TRUSTEE

    Total calculated
    $575,565
    From this org
    $0
    From related orgs
    $435,867
    Other
    $139,698
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $435,867 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $93,277 related
    Nontaxable benefits
    $0 + $46,421 related
    Filer's total
    $0 + $575,565 related
  • Michael McParlan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
29 October 2024
IRS schema version
2023v5.1
Source object
202433039349301718

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