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Madison Lane And Rugby Road Charitable Trust

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

EIN: 137096544 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Madison Lane And Rugby Road Charitable Trust?

The Madison Lane and Rugby Road Charitable Trust is a philanthropic organization, headquartered in Austin, Texas. Acting as a supporting entity, it wholeheartedly bolsters the University of Virginia by managing investments. The income generated from these investments is subsequently donated to the esteemed institution. The trust's primary mission is to contribute to the University of Virginia's growth and development.

Is Madison Lane And Rugby Road Charitable Trust legitimate?

Madison Lane And Rugby Road Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Lane And Rugby Road 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

For more financial information, click here

What is the mission statement of Madison Lane And Rugby Road Charitable Trust?

The Madison Lane and Rugby Road Charitable Trust serves as a supporting organization for the University of Virginia. Its primary function involves managing investments, which in turn generates income. This income is then donated to the University of Virginia. The trust's mission, in essence, is to financially support the educational institution, contributing to its ongoing operations and growth.

Who is the CEO of Madison Lane And Rugby Road Charitable Trust?

Frank D Kittredge Jr is the Trustee of Madison Lane And Rugby Road Charitable Trust.

What is the revenue of Madison Lane And Rugby Road Charitable Trust?

Madison Lane And Rugby Road Charitable Trust's revenue in 2022 was -$830.

Who are the executives of Madison Lane And Rugby Road Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Frank D Kittredge Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madison Lane And Rugby Road Charitable Trust?

Madison Lane And Rugby Road Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Madison Lane And Rugby Road Charitable Trust

The Madison Lane and Rugby Road Charitable Trust is a dedicated organization that lends its support to the University of Virginia. Its primary mission revolves around managing investments, with the generated income subsequently donated to the prestigious educational institution. By acting as a supporting organization, the trust plays a vital role in bolstering the University of Virginia's resources and furthering its academic pursuits.

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Impact




October, 2024

Madison Lane and Rugby Road Charitable Trust has a significant impact on the University of Virginia by providing essential financial support through its investment income. By holding and managing investments, the trust generates funds that are donated to the university, thereby facilitating educational programs, scholarships, research initiatives, and general operational needs. This financial backing plays a critical role in enhancing the university's capabilities and resources, ultimately benefiting students and faculty while fostering a robust academic environment. The trust's commitment to supporting higher education helps ensure that the University of Virginia can maintain its excellence and continue to serve the community and beyond.




This information is meant to be a general summary of Madison Lane And Rugby Road 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.

Revenue
-$830 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$830
  • Gross Receipts: $20,980

Assets and Liabilities:

  • Total Assets: $7,966
  • Total Liabilities: $0
  • Net Assets: $7,966

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Organization Details

Founding Year

1996

Principal Officer

Frank D Kittredge Jr

Main Address

4203 Avenue C, Austin, TX, 78731

NTEE Category

Code: B40I - Education

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