Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept

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

EIN: 146087094 ✦ Middletown, NY ✦ Designated as a 501(c)(3)

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Overview

What is Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept?

Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept is a nonprofit organization situated in Middletown, New York. Its primary mission is to provide interest-free scholarship loans to deserving graduates from Warwick Valley Central High School, helping them cover the initial cost of their college education. The trust manages these loans effectively, incurring secretarial expenses to oversee the process. It acts as a financial aid resource for deserving students within the Warwick Central School District, contributing to their educational pursuits.

Is Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept legitimate?

Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept 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: $10,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept?

The Emily Vail Educational Trust, managed by Orange County Trust Co-Trust Dept, is committed to providing interest-free scholarship loans to deserving graduates of the Warwick Valley Central School District. Their mission is to help alleviate the financial burden of the first year of college education for these students. In the recent Spring Semester 2022, they granted $19,500 in interest-free scholarships to four deserving students from Warwick Valley Central High School. The trust also manages and collects outstanding loans, incurring secretarial expenses in the process.

Who is the CEO of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept?

Timothy J Holmes is the Scholarship Loan Secretary of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept.

What is the revenue of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept?

Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept's revenue in 2022 was $6,865.

Who are the executives of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept and what are their salaries?


Here are 2 key members and their salaries:


Elizabeth Filipowski (Scholarship Loan Secretary)
  • Compensation: $10,920
  • Related: $0
  • Other: $0
Timothy Holmes (Business Superintendent Of Wvcsd)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept?

Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept

Emily Vail Educational Trust, a charitable organization, is committed to providing interest-free scholarship loans to deserving graduates of Warwick Valley Central School District. The Trust's primary mission is to assist these students in covering the initial year of college expenses. By offering this financial aid, Emily Vail Educational Trust aims to make higher education more accessible and affordable for talented individuals who might otherwise face financial constraints. In the spring semester of 2022, the Trust disbursed $19,500 in such loans to four deserving students from Warwick Valley Central High School. The Trust also manages and collects these outstanding loans, incurring necessary secretarial expenses to ensure the smooth functioning of its scholarship program.

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Impact




October, 2024

The Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept significantly impacts the educational landscape for graduates of the Warwick Valley Central School District. By providing interest-free scholarship loans, the Trust alleviates the financial burden on students embarking on their college education. For the spring semester of 2022, the Trust awarded a total of $19,500 to four deserving graduates from Warwick Valley Central High School. This financial support empowers students to pursue higher education without the added stress of accruing interest on their loans, enabling a smoother transition into college life. The Trust's commitment to helping local students underscores its mission to foster educational opportunities and enhance the futures of those in the community.




This information is meant to be a general summary of Emily Vail Educational Trust C/O Orange County Trust Co-Trust Dept. 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
$6,865 (2022)
Expenses
$17,485 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,865
  • Gross Receipts: $26,787

Assets and Liabilities:

  • Total Assets: $566,598
  • Total Liabilities: $0
  • Net Assets: $566,598

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Organization Details

Founding Year

1979

Principal Officer

Timothy J Holmes

Main Address

PO BOX 790, MIDDLETOWN, NY, 10940

NTEE Category

Code: B82 - Education

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