St Rose School Educational Trust
EIN 341602641About
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
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 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
Geographic Distribution
Officers & Directors
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 |