Overview
What is K Rice Tr Uw Fbo Schenectady Foundation?
K Rice Trust Uw Fbo Schenectady Foundation is a charitable organization based in Albany, New York, specifically at 6 Metro Park Road, ZIP Code 12205. Its primary objective is to contribute funds in accordance with the terms of a will, specifically to support the Schenectady Foundation Endowment Fund. This financial aid is meant to serve a particular purpose, furthering the mission and activities of the Schenectady Foundation. The focus of this nonprofit organization is to support this specific endowment fund.
Is K Rice Tr Uw Fbo Schenectady Foundation legitimate?
K Rice Tr Uw Fbo Schenectady Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. K Rice Tr Uw Fbo Schenectady Foundation 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: $53,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of K Rice Tr Uw Fbo Schenectady Foundation?
The K Rice Tr Uw Fbo Schenectady Foundation's mission is centered around supporting the Schenectady Foundation Endowment Fund. This support is carried out through charitable contributions, in line with the stipulations set out in a will. These contributions are made to the Schenectady Foundation Endowment Fund. The foundation's role is primarily financial, providing resources to the specified endowment fund.
Who is the CEO of K Rice Tr Uw Fbo Schenectady Foundation?
Trustco Bank is the Trustee of K Rice Tr Uw Fbo Schenectady Foundation.
What is the revenue of K Rice Tr Uw Fbo Schenectady Foundation?
K Rice Tr Uw Fbo Schenectady Foundation's revenue in 2022 was $289,979.
Who are the executives of K Rice Tr Uw Fbo Schenectady Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $53,537
- Related: $0
- Other: $0
Where can I find the form 990 for K Rice Tr Uw Fbo Schenectady Foundation?
K Rice Tr Uw Fbo Schenectady Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of K Rice Tr Uw Fbo Schenectady Foundation
K Rice Tr Uw Fbo Schenectady Foundation, as the name suggests, is dedicated to supporting the Schenectady Foundation Endowment Fund. This nonprofit organization makes charitable contributions in accordance with the terms of a will, funneling these funds into the aforementioned endowment fund. By doing so, the K Rice Tr Uw Fbo Schenectady Foundation plays an instrumental role in maintaining and growing the resources available for future charitable initiatives through the Schenectady Foundation. By supporting the endowment fund, this organization is essentially ensuring the continuity and sustainability of charitable work in the community, in line with the wishes of the donor who established the will.
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Impact
October, 2024
K Rice Tr Uw Fbo Schenectady Foundation plays a significant role in enhancing the financial stability and impact of the Schenectady Foundation Endowment Fund. By providing charitable contributions in accordance with the terms of a will, this foundation directly supports a variety of philanthropic initiatives within the Schenectady community. The contributions help to strengthen the endowment fund, ensuring that resources are available for future grant-making and community projects that address local needs.
The foundation’s strategic focus on supporting the endowment fund enhances the Schenectady Foundation's capability to fund diverse programs, projects, and initiatives that foster community development, education, and social services. As a result, the foundation's impact extends beyond immediate financial contributions—it helps sustain long-term growth and support for the community, ultimately improving the quality of life for residents in the area. The foundation's efforts contribute to building a legacy of philanthropy and community engagement in Schenectady.
This information is meant to be a general summary of K Rice Tr Uw Fbo Schenectady Foundation. 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 2022.
- Investment Income: $289,979
- Gross Receipts: $289,979
Assets and Liabilities:
- Total Assets: $5,717,295
- Total Liabilities: $0
- Net Assets: $5,717,295
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Organization Details
Founding Year
1988
Phone
(518) 381-3643Principal Officer
Trustco Bank
Main Address
6 METRO PARK ROAD, ALBANY, NY, 12205
NTEE Category
Code: Z99 - Unknown
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