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Thayer Academy Charitable Trust C/O Thayer Academy

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

EIN: 206770243 ✦ Braintree, MA ✦ Designated as a 501(c)(3)

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Overview

What is Thayer Academy Charitable Trust C/O Thayer Academy?

Thayer Academy Charitable Trust C/O Thayer Academy is a nonprofit organization situated in Braintree, Massachusetts, with a specific mission to support the Thayer Academy Faculty Sabbatical Program. In 2022, they contributed $138,778 to this cause, ensuring that these funds are utilized exclusively for this purpose. The trust is dedicated to benefiting and aiding the sabbatical program of Thayer Academy, a recognized 501(c)(3) organization. This support likely enables faculty members to take a break from their daily duties to engage in personal growth, research, or other enriching experiences, thus contributing to the overall academic environment of Thayer Academy.

Is Thayer Academy Charitable Trust C/O Thayer Academy legitimate?

Thayer Academy Charitable Trust C/O Thayer Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thayer Academy Charitable Trust C/O Thayer Academy 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 Thayer Academy Charitable Trust C/O Thayer Academy?

The Thayer Academy Charitable Trust, operating under the name Thayer Academy, is established with the purpose of supporting the faculty sabbatical program of Thayer Academy, a recognized 501(c)(3) organization. The trust's primary objective is to provide financial aid for this program. When grants are distributed, they are designated as restricted funds, intended solely for the support of the Thayer Academy faculty sabbatical program. In 2022, the trust contributed $138,778 towards this cause.

Who is the CEO of Thayer Academy Charitable Trust C/O Thayer Academy?

Julaine Mcinnis is the Trustee of Thayer Academy Charitable Trust C/O Thayer Academy.

What is the revenue of Thayer Academy Charitable Trust C/O Thayer Academy?

Thayer Academy Charitable Trust C/O Thayer Academy's revenue in 2022 was $57,253.

Who are the executives of Thayer Academy Charitable Trust C/O Thayer Academy and what are their salaries?


Here are 3 key members and their salaries:


Julaine Mcinnis (Trustee)
  • Compensation: $0
  • Related: $251,469
  • Other: $46,709
Jay M Cashman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven D Comoletti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Thayer Academy Charitable Trust C/O Thayer Academy?

Thayer Academy Charitable Trust C/O Thayer Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Thayer Academy Charitable Trust C/O Thayer Academy

Thayer Academy Charitable Trust, shortened as TACT, is a charitable organization with a specific mission. Its purpose is to benefit and support the Thayer Academy Faculty Sabbatical Program, which is overseen by the Trustees of Thayer Academy, a recognized 501(c)(3) organization. TACT's role is to contribute financially to this program, with the funds being earmarked exclusively for its operation. In 2022, TACT contributed $138,778 towards this end. The organization's contribution is essential in allowing Thayer Academy faculty members to take sabbaticals, providing them with the opportunity for professional growth and development, ultimately enhancing the educational experience offered at Thayer Academy.

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Impact




October, 2024

Thayer Academy Charitable Trust significantly enhances the educational environment at Thayer Academy through its support of the Faculty Sabbatical Program. By providing dedicated funding, the Trust enables faculty members to pursue opportunities for professional growth, research, and renewal, which ultimately enriches the educational experiences they offer to students. In 2022, the Trust allocated $138,778 specifically aimed at facilitating these sabbaticals, ensuring that resources are exclusively directed toward this initiative. This commitment not only fosters a culture of continuous improvement among educators but also reflects a long-term investment in the quality of education and the development of a dynamic learning community in Braintree, MA.




This information is meant to be a general summary of Thayer Academy Charitable Trust C/O Thayer Academy. 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
$57,253 (2022)
Expenses
$138,778 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57,253
  • Gross Receipts: $57,253

Assets and Liabilities:

  • Total Assets: $1,061,469
  • Total Liabilities: $0
  • Net Assets: $1,061,469

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Organization Details

Founding Year

2005

Principal Officer

Julaine Mcinnis

Main Address

745 WASHINGTON STREET, BRAINTREE, MA, 02184

NTEE Category

Code: B122 - Education

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