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Bonner-Price Student Loan Fund Trust

Profile

Last Updated: 2016-05-29

At A Glance

Bonner-Price Student Loan Fund Trust

Wells Fargo Bank N A - 101n Indepndence Mall E Macy1372-062

Philadelphia, PA United States 19106-2112

Telephone: (432)685-5350

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $1,422,012

Total giving: $60,000

EIN

726084752

Additional Contact Information

Application Address: c/o Manager P.O. Bo1959, Midland TX 79702

Background

Established in TX

Purpose and Activities

Loans only for students attending McMurry College, TX. Maximum loan is $3000 per academic year with a $12,000 maximum limit for a student's school career.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Loans to high school graduates of McMurry University, Abilene, TX.

Student Loan Program

Loans to students for one semester is limited to $7,500 per year. The maximum cumulative amount loaned to a student over the course of the student's academic career shall not exceed $30,000. Upon graduation or termination from McMurry University, the recipient repays the principal and interest on the loan on a monthly installment basis.

Financial Data

Year ended 2014-12-31

Assets: $1,422,012 (market value)

Expenditures: $122,334

Total giving: $60,000

Qualifying distributions: $127,351