Overview
What is William A And Genevieve H Strong Foundation Trust?
The William A and Genevieve H Strong Foundation Trust is a philanthropic organization situated in Pine Bluff, Arkansas. Its primary function involves managing funds generously donated by various sources. The Trust then distributes a significant portion, approximately 60%, of these funds to eligible charitable organizations. These organizations fall under the category of conservative organizations that are exempt under section 501(C)(3) of the United States tax code, as specified in the Trust's agreement. The Trust Committee, responsible for the Foundation, determines which organizations are deemed appropriate for funding.
Is William A And Genevieve H Strong Foundation Trust legitimate?
William A And Genevieve H Strong Foundation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. William A And Genevieve H Strong Foundation 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.
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What is the mission statement of William A And Genevieve H Strong Foundation Trust?
The William A and Genevieve H Strong Foundation Trust's mission revolves around managing funds donated by contributors. It makes direct grants to organizations that are exempt under the Internal Revenue Code section 501(C)(3), as per the agreement and the discretion of the Foundation Trust Committee. The primary objective of these grants is to support charitable initiatives, with 60% of the grants being allocated to conservative charitable organizations. The Foundation Trust does not engage in any specific mission beyond this, focusing solely on the distribution of funds to eligible organizations.
Who is the CEO of William A And Genevieve H Strong Foundation Trust?
Betty Jane Strong is the Trustee of William A And Genevieve H Strong Foundation Trust.
What is the revenue of William A And Genevieve H Strong Foundation Trust?
William A And Genevieve H Strong Foundation Trust's revenue in 2022 was $339,156.
Who are the executives of William A And Genevieve H Strong Foundation Trust and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for William A And Genevieve H Strong Foundation Trust?
William A And Genevieve H Strong Foundation Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of William A And Genevieve H Strong Foundation Trust
The William A and Genevieve H Strong Foundation Trust is a philanthropic organization that serves as a steward for donated funds. Its mission, as outlined in the Trust agreement and determined suitable by the Foundation Trust Committee, involves making direct grants to nonprofit organizations that have been exempted under section 26 USC 501 (C)(3) of the Internal Revenue Code. The Foundation's primary role is to distribute a significant portion of its grants and allocations to conservative charitable organizations, committing 60% of its funds towards such causes. By providing financial support to these eligible organizations, the William A and Genevieve H Strong Foundation Trust contributes to various charitable initiatives, ultimately aiming to make a positive impact in the communities it serves.
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Impact
October, 2024
The William A And Genevieve H Strong Foundation Trust significantly impacts its community by managing funds contributed by donors to support charitable organizations. By distributing a substantial portion of its grants—60%—to conservative charitable entities, the Foundation plays a vital role in fostering initiatives that align with its values. This targeted support helps sustain a variety of programs and activities, enhancing the overall welfare of the Pine Bluff area in Arkansas. Through its diligent grant-making process, which adheres to the parameters set forth in the Trust agreement, the Foundation ensures that the funds are directed appropriately to organizations that are exempt under 26 USC 501 (C)(3), thereby effectively promoting philanthropy and social good within the community.
This information is meant to be a general summary of William A And Genevieve H Strong Foundation 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 2022.
- Investment Income: $339,156
- Gross Receipts: $2,026,136
Assets and Liabilities:
- Total Assets: $1,947,267
- Total Liabilities: $0
- Net Assets: $1,947,267
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Organization Details
Founding Year
2004
Phone
(870) 535-7617Principal Officer
Betty Jane Strong
Main Address
PO Box 5699, Pine Bluff, AR, 71611
NTEE Category
Code: T113 - Philanthropy
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