Frederick L Ray Trust

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

EIN: 066026044 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Frederick L Ray Trust?

The Frederick L Ray Trust is a nonprofit organization, established with the aim to serve the residents of Hadaam, Connecticut. Its primary mission is to provide vocational training in practical skills and useful arts, enhancing the local community's employability and overall development. By focusing on manual training, the Trust is committed to empowering the town's inhabitants, thereby contributing positively to their livelihoods.

Is Frederick L Ray Trust legitimate?

Frederick L Ray Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frederick L Ray 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: $78,567
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Frederick L Ray Trust?

The Frederick L Ray Trust's mission is centered around providing vocational training to individuals. Specifically, the trust focuses on teaching manual skills and the useful arts, with the aim of benefiting the community. This training is intended to equip individuals with practical skills, thereby contributing positively to their lives. The trust's primary goal is to enhance the community's well-being through this vocational education.

Who is the CEO of Frederick L Ray Trust?

Same As Above is the Principal Officer of Frederick L Ray Trust.

What is the revenue of Frederick L Ray Trust?

Frederick L Ray Trust's revenue in 2023 was -$345,631.

Who are the executives of Frederick L Ray Trust and what are their salaries?


There is 1 key member and their salary:


Bank Of America N A (Trustee)
  • Compensation: $78,567
  • Related: $0
  • Other: $0
Where can I find the form 990 for Frederick L Ray Trust?

Frederick L Ray Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Frederick L Ray Trust

The Frederick L Ray Trust, a nonprofit organization, is dedicated to providing vocational training in manual crafts and the useful arts to the community. Its mission is to uplift and support the inhabitants of a specific town, without specifying the location, by equipping them with practical skills in these areas. The trust's goal is to contribute positively to the community by offering opportunities for skill development, thereby enhancing their self-sufficiency and overall quality of life.

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Impact




October, 2024

The Frederick L Ray Trust significantly enhances the lives of the inhabitants of Haddam, CT, by providing essential vocational training in manual skills and practical arts. This initiative opens doors for individuals to gain valuable skills that can lead to better employment opportunities, promoting self-sufficiency and economic stability within the community. By focusing on manual training and the useful arts, the Trust not only fosters workforce readiness but also encourages creativity and craftsmanship, enriching the local culture. The Trust's impact is felt not just in individual lives, but throughout the broader community as it empowers residents with the tools they need to thrive.




This information is meant to be a general summary of Frederick L Ray 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
-$345,631 (2023)
Expenses
$396,092 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$345,631
  • Gross Receipts: $1,961,404

Assets and Liabilities:

  • Total Assets: $8,951,887
  • Total Liabilities: $0
  • Net Assets: $8,951,887

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Organization Details

Founding Year

1928

Principal Officer

Same As Above

Main Address

PO BOX 653067, DALLAS, TX, 752653067

NTEE Category

Code: T00 - Philanthropy

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