Overview
What is Horace Staples Trust?
The Horace Staples Trust is a nonprofit organization situated in Westport, Connecticut. Its primary mission is to distribute its annual income to the Westport, Connecticut Board of Education. This distribution serves as a financial contribution to support the education sector within the community. The Trust's activities are centered around this mission, with the aim of contributing positively to the local educational system.
Is Horace Staples Trust legitimate?
Horace Staples Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horace Staples 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: $2,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Horace Staples Trust?
The Horace Staples Trust's primary mission is to distribute its annual income. This financial contribution is directed towards a specific organization, specifically the Board of Education in Westport, Connecticut. The Trust's goal is to financially support this educational board, contributing to their operations and initiatives. The Trust's mission is centered around the distribution of its fiscal year-end income, aiming to contribute positively to the educational sector.
Who is the CEO of Horace Staples Trust?
Richard J Diviney is the Principal Officer of Horace Staples Trust.
What is the revenue of Horace Staples Trust?
Horace Staples Trust's revenue in 2023 was $44,350.
Who are the executives of Horace Staples Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Horace Staples Trust?
Horace Staples Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Horace Staples Trust
The Horace Staples Trust is a philanthropic organization with a clear mission. This mission involves the distribution of its annual income to the Westport, Connecticut Board of Education. In essence, the trust serves as a financial resource for the educational body, contributing a substantial portion of its fiscal year end income to support their initiatives and operations. By doing so, the Horace Staples Trust plays a crucial role in contributing to the educational development and welfare of the community.
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Impact
October, 2024
The Horace Staples Trust significantly impacts the Westport, CT community by providing annual financial support to the Westport Board of Education. This distribution of income enhances educational opportunities for students, allowing for improvements in programs, resources, and facilities. By supporting the local educational system, the Trust contributes to the overall development of the community, fostering an environment where students can thrive academically and personally. The consistent financial assistance ensures that the Board of Education can address various needs and initiatives, ultimately benefiting the entire town and reinforcing a commitment to quality education.
This information is meant to be a general summary of Horace Staples 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 2023.
- Investment Income: $44,350
- Gross Receipts: $149,730
Assets and Liabilities:
- Total Assets: $767,544
- Total Liabilities: $0
- Net Assets: $767,544
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Organization Details
Phone
(203) 227-9585Principal Officer
Richard J Diviney
Main Address
CO SHERWOOD GARLICK 65 JESUP RO, WESTPORT, CT, 06880
NTEE Category
Code: T00 - Philanthropy
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