John Chabot Educational Foundation Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 016114884 ✦ Lewiston, ME ✦ Designated as a 501(c)(3)

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Overview

What is John Chabot Educational Foundation Trust?

The John Chabot Educational Foundation Trust is a nonprofit organization situated in Lewiston, Maine. Their primary mission is to provide financial aid to students who have graduated from Livermore Falls High School. These individuals must maintain a minimum grade point average of 3.0 and pursue their undergraduate studies at an accredited college or university. By offering this support, the foundation aims to contribute positively to the educational journeys of these students.

Is John Chabot Educational Foundation Trust legitimate?

John Chabot Educational Foundation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Chabot Educational Foundation Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $24,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of John Chabot Educational Foundation Trust?

The John Chabot Educational Foundation Trust has a mission to provide financial support. Specifically, it aims to assist graduates of Livermore Falls High School who exhibit a minimum grade point average of 3.0, by offering scholarships for their undergraduate studies at accredited colleges or universities. This foundation's objective is to support these students in their educational pursuits, thereby contributing to their future success.

Who is the CEO of John Chabot Educational Foundation Trust?

Unavailable

What is the revenue of John Chabot Educational Foundation Trust?

John Chabot Educational Foundation Trust's revenue in 2022 was -$3,555.

Who are the executives of John Chabot Educational Foundation Trust and what are their salaries?


There is 1 key member and their salary:


Rodney Cote (Trust Office)
  • Compensation: $0
  • Related: $24,337
  • Other: $0
Where can I find the form 990 for John Chabot Educational Foundation Trust?

John Chabot Educational Foundation Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of John Chabot Educational Foundation Trust

The John Chabot Educational Foundation Trust is an entity dedicated to providing financial assistance. Their primary mission is to extend monetary support to graduates of Livermore Falls High School. This aid is extended to students who have maintained a minimum grade point average of 3.0 and are enrolled in an undergraduate program at an accredited college or university. The foundation's objective is to contribute to the educational journeys of these students, thereby empowering them to pursue their academic goals with financial stability.

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Impact




October, 2024

The John Chabot Educational Foundation Trust plays a significant role in enhancing educational opportunities for graduates of Livermore Falls High School. By providing financial support in the form of scholarships, the Foundation enables students who have demonstrated academic excellence, with a minimum GPA of 3.0, to pursue undergraduate programs at accredited colleges and universities. This initiative not only alleviates the financial burden of higher education but also encourages students to further their academic ambitions and achieve their career goals. As a result, the Trust contributes to the development of skilled individuals who are well-equipped to contribute positively to their communities and beyond.




This information is meant to be a general summary of John Chabot Educational Foundation Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$3,555 (2022)
Expenses
$118,032 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,555
  • Gross Receipts: $1,208,865

Assets and Liabilities:

  • Total Assets: $2,256,177
  • Total Liabilities: $0
  • Net Assets: $2,256,177

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Organization Details

Founding Year

1992

Main Address

PO BOX 1407 30 LISBON STREET, LEWISTON, ME, 042431407

NTEE Category

Code: B82 - Education

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