Casque & Gauntlet Trust

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

EIN: 020306381 ✦ Hanover, NH ✦ Designated as a 501(c)(2)

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Overview

What is Casque & Gauntlet Trust?

The Casque & Gauntlet Trust is a nonprofit organization primarily supporting a 501(c)(3) college, as per its description. Due to financial constraints and the lack of specific mission opportunities, the trust focused on survival and planning during the fiscal year. In July 2020, the trust leased its 1 South Main St property to Dartmouth College to avoid immediate insolvency. Later in December 2020, the entity the trust had historically supported, Casque and Gauntlet, Inc., decided to move towards dissolution and sponsor two new entities, each focusing on separate aspects of the corporation's mission. In response, the trust continued its efforts to improve its financial stability and determine the best approach to fulfill its own mission in the face of these changes and challenges.


Official website here: www.casqueandgauntlet.org

Is Casque & Gauntlet Trust legitimate?

Casque & Gauntlet Trust is a legitimate nonprofit organization registered as a 501(c)(2) entity. Casque & Gauntlet 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.casqueandgauntlet.org

What is the mission statement of Casque & Gauntlet Trust?

The Casque & Gauntlet Trust, supporting a 501(c)(3) college, has not had the resources or a specific mission opportunity this fiscal year, leading it to focus on survival and planning. In July 2020, the trust leased its 1 South Main St property to Dartmouth College to avoid immediate insolvency. In December 2020, Casque and Gauntlet Inc., historically supported by the trust, decided to move towards dissolution and sponsor two new entities, each focusing on separate aspects of the corporation's mission. Consequently, the trust has been working towards improving its balance sheet for near-term survival and initiating a process to determine the best way to fulfill its mission considering the changes and challenges.


Official website here: www.casqueandgauntlet.org

Who is the CEO of Casque & Gauntlet Trust?

Tracy Walsh is the Trustee of Casque & Gauntlet Trust.


Official website here: www.casqueandgauntlet.org

What is the revenue of Casque & Gauntlet Trust?

Casque & Gauntlet Trust's revenue in 2022 was $37,608.


Official website here: www.casqueandgauntlet.org

Who are the executives of Casque & Gauntlet Trust and what are their salaries?


Here are 8 key members and their salaries:


Sarah E Worley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Walsh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Stein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Tomai (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wooster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin M Kania (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick H Stephens Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Tillinghast (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.casqueandgauntlet.org

Where can I find the form 990 for Casque & Gauntlet Trust?

Casque & Gauntlet Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.casqueandgauntlet.org

Learn more at the official website: www.casqueandgauntlet.org

Mission Statement of Casque & Gauntlet Trust

The Casque & Gauntlet Trust is an organization dedicated to supporting a 501(c)(3) college. Its mission, as stated in this year and the previous one, has been primarily focused on ensuring its survival and planning for the future due to a lack of resources and specific mission opportunities. In July 2020, the Trust took a significant step towards securing its near-term survival by leasing its 1 South Main St property to Dartmouth College.

In December 2020, a related entity, Casque and Gauntlet, Inc., which historically received programmatic support from the Trust, decided to move towards dissolution and establish two new entities. Each of these new entities aims to build upon a distinct aspect of the corporation's mission. As a result, the Casque & Gauntlet Trust has shifted its efforts to improving its financial standing and determining the best way to fulfill its mission in light of these changes and challenges. Its primary goals now include strengthening its balance sheet and initiating a process to identify the most effective strategies for achieving its mission in its new context.

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Impact




October, 2024

The Casque & Gauntlet Trust has had a significant impact on supporting the mission of a 501(c)(3) college, particularly through its efforts in survival and strategic planning during challenging times. In July 2020, it entered a lease with Dartmouth College for its property at 1 South Main Street, a decision necessary for financial stability and to avoid insolvency. This move not only provided the Trust with vital resources but also solidified its longstanding relationship with the college.

As the related organization, Casque and Gauntlet, Inc. decided to dissolve and create two new entities focused on distinct aspects of its original mission, the Trust has redirected its efforts to strengthen its balance sheet and evaluate how best to fulfill its purpose in light of these changes. Despite facing significant challenges, the Trust remains committed to community improvement and has initiated steps to redefine its mission to continue contributing positively to the college and the broader Hanover area. Through these efforts, the Trust exemplifies resilience and adaptability in the face of adversity, ensuring that it can still play a role in supporting educational and community initiatives.




This information is meant to be a general summary of Casque & Gauntlet 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
$37,608 (2022)
Expenses
$47,887 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49
  • Program Service Revenue: $1
  • Gross Receipts: $37,608

Assets and Liabilities:

  • Total Assets: $529,112
  • Total Liabilities: $0
  • Net Assets: $529,112

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1

Organization Details

Founding Year

1904

Principal Officer

Tracy Walsh

Main Address

PO BOX 319, HANOVER, NH, 037550319

NTEE Category

Code: S47 - Community improvement

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