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East Boston K Trust

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

EIN: 222893493 ✦ East boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is East Boston K Trust?

The East Boston K Trust is a nonprofit organization that focuses on offering scholarships, or grants, to a select group of 18 beneficiaries. By distributing these funds as part of their programs, the East Boston K Trust aims to support the educational endeavors of these individuals, thereby contributing positively to their future prospects. Although the specific activities and mission of the trust are not detailed in the provided information, it is clear that the East Boston K Trust plays an essential role in providing financial assistance to deserving students.

Is East Boston K Trust legitimate?

East Boston K Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Boston K Trust submitted a form 990EZ, 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.

What is the mission statement of East Boston K Trust?

The East Boston K Trust is an organization that focuses on providing scholarships as part of its programs. Its mission, in essence, is to support 18 eligible students by distributing these scholarships. The primary objective of this trust is to aid these students in their educational pursuits. The organization does not disclose any additional details about its mission beyond this scholarship program.

Who is the CEO of East Boston K Trust?

Unavailable

What is the revenue of East Boston K Trust?

East Boston K Trust's revenue in 2022 was $2,560.

Who are the executives of East Boston K Trust and what are their salaries?


Here are 4 key members and their salaries:


Philip Freehan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace C Magoon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Dipietro (Sec/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Gambale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for East Boston K Trust?

East Boston K Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of East Boston K Trust

The East Boston K Trust, as a nonprofit organization, is committed to offering financial aid in the form of scholarships to a select group of 18 beneficiaries. Through its programs, the Trust distributes these scholarships to deserving students. By doing so, the East Boston K Trust plays a significant role in supporting the educational aspirations of these individuals, contributing to their personal growth and potential future success.

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Impact




August, 2024

East Boston K Trust's impact lies in its dedication to providing educational opportunities through scholarships. By offering financial assistance to 18 recipients, the trust directly supports individuals in pursuing their academic goals. This support not only benefits the recipients themselves but also contributes to the overall advancement of education in the community. Through its targeted focus on education, East Boston K Trust plays a vital role in empowering individuals to achieve their full potential and create positive impacts in their lives and society as a whole.




This information is meant to be a general summary of East Boston K 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
$2,560 (2022)
Expenses
$17,538 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $636
  • Gross Receipts: $2,560

Assets and Liabilities:

  • Total Assets: $137,880
  • Total Liabilities: $0
  • Net Assets: $137,880

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Organization Details

Main Address

C/O MAGOON 264 BENNINGTON ST, EAST BOSTON, MA, 02128

NTEE Category

Code: B82 - Education

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