Overview
What is Philip Hofer Charitable Trust?
The Philip Hofer Charitable Trust is a philanthropic organization based in Boston, Massachusetts. Its primary mission is to support the Houghton Library at Harvard University, with funds derived from its investment earnings. This nonprofit is dedicated to aiding the Houghton Library in providing a suitable environment for the preservation and study of rare books and manuscripts, serving an essential role in the Department of Printing and Graphic Arts within the library. The Trust operates in line with its founding purpose, benefiting this Massachusetts educational institution.
Is Philip Hofer Charitable Trust legitimate?
Philip Hofer Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philip Hofer Charitable 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
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What is the mission statement of Philip Hofer Charitable Trust?
The Philip Hofer Charitable Trust is established with a mission to support and benefit the Department of Printing and Graphic Arts at the Houghton Library, a charitable and educational institution at Harvard University in Massachusetts. The Trust's funds, generated from investments, are allocated for charitable grants specifically aimed at providing resources for the preservation and study of rare books and manuscripts at the Houghton Library. The Trust's primary objective is to contribute to the housing and research of these valuable historical materials, thereby enriching the academic and research communities.
What is the revenue of Philip Hofer Charitable Trust?
Philip Hofer Charitable Trust's revenue in 2024 was $347,078.
Who are the executives of Philip Hofer Charitable Trust and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Philip Hofer Charitable Trust?
Philip Hofer Charitable Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Philip Hofer Charitable Trust
The Philip Hofer Charitable Trust is a philanthropic organization that has been established with a specific purpose. Its mission is to benefit and support the Department of Printing and Graphic Arts within the Houghton Library at Harvard University, a renowned charitable and educational institution based in Massachusetts. The Trust operates with the intention of utilizing its funds, which are generated through investments, to provide charitable grants to this particular department of the Houghton Library. The primary objective of these grants is to facilitate the housing and study of rare books and manuscripts within the library. This mission contributes significantly to the preservation and dissemination of historical literary works, thereby enriching the knowledge base and fostering scholarly research in the field of print and graphic arts.
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Impact
October, 2024
The Philip Hofer Charitable Trust significantly impacts the preservation and study of rare books and manuscripts through its dedicated funding to the Houghton Library at Harvard University. By generating resources from investments, the Trust ensures that the library can maintain its collections and provide critical support for housing and research activities. This strategic financial backing enables scholars, students, and the public to access and appreciate valuable literary and historical materials. As a result, the Trust plays a vital role in fostering academic exploration and protecting cultural heritage, thereby enriching the educational landscape at one of the world's leading universities.
This information is meant to be a general summary of Philip Hofer Charitable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $124,990
- Gross Receipts: $1,731,730
Assets and Liabilities:
- Total Assets: $3,585,004
- Total Liabilities: $0
- Net Assets: $3,585,004
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Organization Details
Founding Year
1981
Principal Officer
Charles A Cheever
NTEE Category
Code: T30 - Philanthropy
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