SCANLAN CHARITABLE TRUST
https://N/ATotal Given
$0
0 grants · $0 avg/year
based on 1 yr of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$87K
Assets · 2018
—
Distinct recipients
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
MICHAEL CALLAGY
Phone
6503400102
Deadlines
APRIL FOR MAY GRANTS AND NOVEMBER FOR DECEMBER GRANTS
How to Apply
THE APPLICATION FORM REQUIRES APPLICANTS TO PROVIDE BASIC IDENTIFICATION INFORMATION AND A DETAILED FINANCIAL STATEMENT TO ESTABLISH FINANCIAL NEED FOR THE GRANTS FOR THEIR CHILDREN, OR BY ADULT CHILDREN FOR THEMSELVES, AS REQUIRED BY THE TRUST INSTRUMENT. APPLICANTS MUST ALSO SUBMIT EVEDENCE THAT THEY ARE, OR THEIR DECEASED SPOUSE OR PARENT WAS, A MEMBER OF THE POLICE DEPARTMENT OF THE CITY OF SAN MATEO AND THAT THE MEMBER WAS KILLED OR DISABLED IN THE LINE OF DUTY. SUBSEQUENT FINANCIAL REPORTS ARE REQUIRED IF THERE IS A SUBSTANTIAL CHANGE OF FAMILY INCOME OR PERSONAL STATUS (E.G. MATURITY) OF AN ELIGIBLE RECIPIENT, OR UPON THE REQUEST OF A TRUSTEE. COLLEGE STUDENTS ARE REQUIRED TO SUBMIT OFFICIAL TRANSCRIPTS OF ALL GRADES. THESE ARE USED TO VERIFY CONTINUED RECIPIENT ELIGIBILITY FOR TRUST BENEFITS.
Restrictions
THE TRUST INSTRUMENT RESTRICTS GRANTS TO THE EDUCATION OF FINANCIALLY NEEDY CHILDREN OF SAN MATEO CITY POLICE OFFICERS KILLED OR DISABLED IN THE LINE OF DUTY WHO MAINTAIN SATISFACTORY ACADEMIC PERFORMANCE. GRANTS ARE FURTHER RESTRICTED TO A MAXIMUM OF $1,500 PER YEAR PER ELIGIBLE RECIPIENT. GRANTS MUST BE MADE EXCLUSIVELY FROM THE INTEREST EARNED BY INSURED BANK ACCOUNTS TO PRESERVE THE PRINCIPAL SUM OF $127,636 INTACT TO EARN ADDITIONAL INTEREST AT THE BEST INTEREST RATES THEN AVAILABLE.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | N/A | $90K | $8 | N/A |
| 2017 | N/A | $89K | $8 | N/A |
| 2018 | N/A | $87K | $9 | N/A |
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| MICHAEL CALLAGY | MANAGER | — |
| MICHAEL KALLIS | TRUSTEE | — |
Grants Awarded (0 total)
| Purpose |
|---|