Mary R Gallaspy Charitable Trust No Two

Education organization based in Natchitoches, LA.0 Exempt under §501(c)(3).

MissionThe trust instrument of the Charitable Trust directs that its income, and income only, shall be used by the Northwestern State University Foundation to establish two equal scholarship funds for undergraduate students at Northwestern State University.

EIN
45-2986977
State
LA
Sector
Education
Budget band
$2.5M–$5M
Latest filing
TY 2023
Records
1 officers · 2 years

Financial snapshot · TY 2023

$3.5M
Total revenue
$3.1M
Total expenses
$43.3M
Net assets

Financial health · TY 2024

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
86.4 months of expenses
Program efficiency
100
97.6% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Drake Owens
Executive Dir.
$32,400
2th percentile vs. peers

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