2024-08-07T05:41:45-00:00 2024-03-31 990 2023-04-01 752406360 Ruth Edmundson Ramsey Scholarship Fund Inc % Ricky D McGraw RUTH 2546952305 P O Box 54 Blooming Grove TX 76626 Ricky D McGraw President 2546952305 2024-08-10 false 2023 2024-08-08 14:25:15Z Ricky D McGraw 5466 FM 55 PO Box 219 Blooming Grove TX 76626 95391 false X X 1991 TX Advance higher education through scholarships. 38 38 0 7 0 64088 73696 0 29173 21695 0 93261 95391 34300 64750 0 0 0 0 1376 961 35676 65711 57585 29680 858964 898484 0 858964 898484 Advance higher education through scholarships false false 65711 95391 The Ruth Edmundson Ramsey Scholarship Fund, Inc. awarded 26 scholarships to 26 students during the year ending March 31, 2024. The scholarship program has motivated students to strive for higher grades and ACT scores and has encouraged more students to attend higher education. 65711 true false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 true 0 true false false false false false false false false false false false false false true false false false X 38 38 true false false false true true false true true false false true false true true false false false false false TX X Ricky McGraw 2542051880 P O Box 219 Blooming Grove TX 76626 X Ralph Tillman Ferrell Director 001.00 X 0 0 0 Terry Golden Vice President 005.00 X X 0 0 0 Billie Mixon Director X 0 0 0 Wanda Robinson Director X 0 0 0 Reba Daniel Ferrell Director 001.00 X 0 0 0 Ricky McGraw President 005.00 X X 0 0 0 Paula McClure Secretary 005.00 X X 0 0 0 William R Page Vice President 005.00 X 0 0 0 Jennifer Harrison Treasurer 005.00 X 0 0 0 false false false 73696 73696 21695 95391 0 64750 64750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 961 961 0 0 0 0 0 0 0 0 0 0 0 65711 65711 0 0 10240 11551 179434 196029 669290 690904 858964 898484 0 0 X 858964 898484 858964 898484 858964 898484 29680 9840 X false X false X false X 76968 58164 41388 64088 73696 314304 76968 58164 41388 64088 73696 314304 123714 190590 19801 24006 6944 12304 21695 84750 399054 0.47760 0.39510 X false 421386 421386 421386 421386 424386 3000 421386 423000 3386 2000 424386 425000 2000 423000 1.00000 false false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes V 1 Endowed Funds are maintained for the purpose of paying annual or bi-annual scholarships in perpetuity from the earnings of the endowed principal. true Scholarships 26 64750 Book N/A Part III Line 1 The organization annually awards scholarships to allow recipients to attend the United States accredited college, university, or trade school of his/her choice. Any Blooming Grove High School graduate who attended Blooming Grove High School all his/her junior and senior years may apply for the scholarships. An Awards Committee determines the scholarship recipients based on the applicants academic record. Scholarship funds are paid directly to the college, university, or trade school for tuition, books, and housing. Students must maintain a minimum 2.50 GPA and be classified as full-time to continue qualifying for the scholarships. Proof of grades must be submitted to the secretary or president of the scholarship fund before funds will be dispersed for the next semester. Form 990, Part VI, Section A, Line 2 Ralph Tillman Ferrell Director and Reba Ferrell Director are husband and wife. Form 990, Part VI, Section A, Line 6 The organization is made up of voting members. Votiing members are those who have contributibuted at least 1,000 to the organization and have been approved by the Board of Directors. Each voting member is entitle to 1 vote on all matters put before the membership. Form 990, Part VI, Section B, Line 11B Voting members vote for the governing Board of Directors. Each voting member is entitle to 1 vote. Form 990, Part VI, Section C, Line 19 A copy of the final Form 990 is provided to active Board of Directors members and Officers following completion. Form 990, Part VI, Section C, Line 19 Documents are open to the public upon request. Form 990, Part I, Section A, Line 8 A B Minutes of all meetings are maintained by the organization Secretary. Form 990, Part VI, Section B, Line 12b No written policy exists but Officers regularly discuss possible conflict of interest situations and take diligent actions to avoid them by any officer potentially affected abstaining from all actions and deliberations.