St Rose School Educational Trust

EIN 341602641

Canfield, OH 44406 |(330) 545-1550

Total Given 2016–2020
$279K
4 grants · $56K avg/year
based on 5 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$14K
typical small grants · $13K–$70K
grant size
50%
supporter · 1/2 multi-year
repeat
$248K
Assets (2019)
2
Distinct Recipients

About

ORGANIZATION: ST. ROSE SCHOOL EDUCATIONAL TRUST TIN: 34-1602641 TAX YEAR ENDED: JULY 31, 2020 (FINAL SHORT YEAR RETURN) FORM 990-PF, PART VII-A, ITEM 5 THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS DURING THE CURRENT TAX YEAR. DURING THE FINAL YEAR (JANUARY 1, 2020 THROUGH JULY 31, 2020), THE ST. ROSE SCHOOL EDUCATIONAL TRUST MADE A DISTRIBUTION OF ASSETS AS THE ORGANIZATION WAS BEING DISSOLVED. SUCH DISTRIBUTIONS REPRESENTED 100% OF ST. ROSE SCHOOL EDUCATIONAL TRUST'S NET ASSETS OF $238,412.66 (AS MEASURED BY FAIR MARKET VALUE) AT THE DATE OF DISPOSITION. INFORMATION REGARDING THESE DISTRIBUTIONS IS AS FOLLOWS: NAME AND ADDRESS OF DISTRIBUTEES: THE JOHN AND DOROTHY MASTERNICK FOUNDATION 101 W. LIBERTY STREET GIRARD, OH 44420 TIN: 31-1681589 ASSETS DISTRIBUTED: CASH AND INVESTMENTS DATE OF DISTRIBUTION: 7/31/2020 FAIR MARKET VALUE OF DISTRIBUTION: $238,412.66 THE JOHN AND DOROTHY MASTERNICK FOUNDATION IS EXEMPT FROM TAXES UNDER IRC SEC. 501(C)(3) AND IS A PRIVATE OPERATING FOUNDATION AS DEFINED IN IRC SEC. 4942(J)(3). THE DISTRIBUTIONS WERE MADE TO HELP THE JOHN AND DOROTHY MASTERNICK FOUNDATION CONTINUE OUT THEIR CHARITABLE CAUSES THROUGHOUT THE COMMUNITY. HOWEVER, THE JOHN AND DOROTHY MASTERNICK FOUNDATION IS UNDER NO OBLIGATION TO USE THE FUNDS IN A MANNER THAT WILL DIRECTLY BENEFIT THE ST. ROSE SCHOOL EDUCATIONAL TRUST.

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (330) 545-1550

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $14K $266K $2K 1
2017 $14K $256K $4K 1
2018 $13K $243K $5K 1
2019 N/A $248K $5K N/A
2020 $238K $0 $3K 1

Grant Size Distribution

Based on 4 grants on record

Minimum
$13K
25th Pctl
$13K
Median
$14K
Average
$70K
75th Pctl
$70K
Maximum
$238K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

TG
Theresa Grimes 5+ yrs
Trustee
JM
John J Masternick 5+ yrs
Trustee
DM
Dorothy Masternick 5+ yrs
Trustee

Grants Awarded (4 total)

Purpose
John and Dorothy Masternick Foundation Girard, OH $238,413 EDUCATION 2020
St Rose School Girard, OH $14,028 RELIGIOUS EDUCATION 2016
St Rose School Girard, OH $13,630 RELIGIOUS EDUCATION 2017
St Rose School Girard, OH $13,000 RELIGIOUS EDUCATION 2018