The Amity Charitable Trust Fund

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

EIN: 066070867 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Amity Charitable Trust Fund?

The Amity Charitable Trust Fund is a nonprofit organization located in New Haven, Connecticut. Its primary mission is twofold: firstly, it awards scholarships to college students, providing them with the financial assistance necessary to commence their higher education journey. Secondly, the fund distributes funds to various community and civic organizations, contributing to the betterment of its local area. This nonprofit organization seeks to empower both the future leaders of tomorrow and the community as a whole.

Is The Amity Charitable Trust Fund legitimate?

The Amity Charitable Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Amity Charitable Trust Fund 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

What is the mission statement of The Amity Charitable Trust Fund?

The Amity Charitable Trust Fund's mission is centered around two key areas. Firstly, it aims to grant scholarships to college students, thereby encouraging and enabling these students to commence their higher education. Secondly, the fund disburses funds to various community and civic organizations. By doing so, it contributes to the betterment of these organizations and the communities they serve.

What is the revenue of The Amity Charitable Trust Fund?

The Amity Charitable Trust Fund's revenue in 2023 was $381,891.

Who are the executives of The Amity Charitable Trust Fund and what are their salaries?

Here are 6 key members and their salaries:


David Iannone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pascal Panza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Piscitelli (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prisco Panza (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Palmucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ciesco (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Amity Charitable Trust Fund?

The Amity Charitable Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Amity Charitable Trust Fund

The Amity Charitable Trust Fund is an organization that is committed to awarding scholarships to college students and distributing funds to various community and civic organizations. Their mission is multifaceted, aiming to encourage and enable students to embark on their college education by providing financial aid. Additionally, they contribute to the betterment of communities by disbursing funds to various organizations that align with their goals. This philanthropic approach from The Amity Charitable Trust Fund helps to support the growth and development of both individuals and communities.

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Impact




October, 2024

The Amity Charitable Trust Fund significantly impacts the community by providing scholarships that empower college students to pursue their higher education goals. By alleviating financial burdens, the fund encourages and enables students to commence their college education, setting them on paths toward personal and professional growth. Additionally, the trust supports various community and civic organizations through financial disbursements, fostering local development and enhancing the overall well-being of the New Haven, CT area. This dual focus on education and community support reinforces a cycle of opportunity, benefiting individuals and the broader society alike.




This information is meant to be a general summary of The Amity Charitable Trust Fund. 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
$381,891 (2023)
Expenses
$219,663 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $64,794
  • Gross Receipts: $1,094,602

Assets and Liabilities:

  • Total Assets: $2,747,079
  • Total Liabilities: $0
  • Net Assets: $2,747,079

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Organization Details

Founding Year

1961

Principal Officer

Prisco Panza

NTEE Category

Code: B82 - Education

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