Lex King Souter Memorial Fund Trust T-701

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

EIN: 046029671 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Lex King Souter Memorial Fund Trust T-701?

The Lex King Souter Memorial Fund Trust T-701 is a charitable organization, as indicated by its mission to provide both spiritual and material aid to any individuals in need who seek assistance from the affiliated church. Its primary objective is to offer relief and support to those in need, acting as a source of assistance when requested. The Fund's purpose is to encompass both spiritual and practical aid, catering to the diverse needs of the recipients.

Is Lex King Souter Memorial Fund Trust T-701 legitimate?

Lex King Souter Memorial Fund Trust T-701 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lex King Souter Memorial Fund Trust T-701 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: $24,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lex King Souter Memorial Fund Trust T-701?

The Lex King Souter Memorial Fund Trust T-701 is committed to providing spiritual and material aid to any individuals in need. Anyone who seeks assistance during challenging times can turn to this fund for relief. The organization's primary objective is to offer support and assistance to those in need, upon their request, without discrimination. This assistance can take various forms, including financial aid and spiritual guidance. The fund serves as a source of comfort and relief for those who find themselves in difficult circumstances.

Who is the CEO of Lex King Souter Memorial Fund Trust T-701?

Same As Above is the Principal Officer of Lex King Souter Memorial Fund Trust T-701.

What is the revenue of Lex King Souter Memorial Fund Trust T-701?

Lex King Souter Memorial Fund Trust T-701's revenue in 2023 was $418,000.

Who are the executives of Lex King Souter Memorial Fund Trust T-701 and what are their salaries?


There is 1 key member and their salary:


Bank Of America (Trustee)
  • Compensation: $24,324
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lex King Souter Memorial Fund Trust T-701?

Lex King Souter Memorial Fund Trust T-701's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lex King Souter Memorial Fund Trust T-701

The Lex King Souter Memorial Fund Trust T-701 is committed to providing both spiritual and material aid to any individuals who find themselves in need. This nonprofit organization serves as a source of comfort and assistance for those who seek its help, extending its support to individuals who reach out to it at any given time. The organization's mission is deeply rooted in its dedication to offering relief in both spiritual and tangible ways, aiming to uplift and support those in need with compassion and generosity.

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Impact




October, 2024

Lex King Souter Memorial Fund Trust T-701 provides essential spiritual and material support to individuals in need. By responding to appeals from people facing hardships, the fund plays a crucial role in alleviating suffering and fostering a sense of community. Its mission centers on accessibility, ensuring that assistance reaches anyone who seeks it, thereby creating a safety net for those experiencing difficulties. This impact not only addresses immediate needs but also contributes to enhancing the overall wellbeing of individuals and families within the Dallas community, promoting resilience and hope in challenging times.




This information is meant to be a general summary of Lex King Souter Memorial Fund Trust T-701. 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
$418,000 (2023)
Expenses
$139,255 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $418,000
  • Gross Receipts: $3,010,077

Assets and Liabilities:

  • Total Assets: $3,222,118
  • Total Liabilities: $0
  • Net Assets: $3,222,118

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Organization Details

Founding Year

1960

Principal Officer

Same As Above

Main Address

PO BOX 653067, DALLAS, TX, 752653067

NTEE Category

Code: X11 - Religion related

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