Big Brothers Of Schenectady County Endowment Trust Fund

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

EIN: 237048160 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Big Brothers Of Schenectady County Endowment Trust Fund?

The Big Brothers of Schenectady County Endowment Trust Fund is a charitable entity that plays a crucial role in sustaining the operations of Big Brothers Big Sisters in the Capital Region. By managing funds, this trust actively contributes to the organization's programs and activities, thereby extending its reach and impact on the local community. The endowment trust fund serves as a valuable resource, empowering Big Brothers Big Sisters to continue its mission of fostering meaningful relationships between young individuals and their mentors.

Is Big Brothers Of Schenectady County Endowment Trust Fund legitimate?

Big Brothers Of Schenectady County Endowment Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Of Schenectady County Endowment Trust Fund 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 Big Brothers Of Schenectady County Endowment Trust Fund?

The Big Brothers Of Schenectady County Endowment Trust Fund's mission is to assist the Big Brothers Big Sisters organization in the Capital Region by supplying financial resources for their programs and activities. By doing so, it aims to contribute positively to the organization's mission of mentoring and guiding children in need. The Trust Fund's purpose is to provide long-term financial stability, enabling the Big Brothers Big Sisters organization to continue its valuable work in the community. The Trust Fund's support enables the organization to deliver its mentoring services and initiatives, ultimately benefiting the children and youth it serves.

Who is the CEO of Big Brothers Of Schenectady County Endowment Trust Fund?

Unavailable

What is the revenue of Big Brothers Of Schenectady County Endowment Trust Fund?

Big Brothers Of Schenectady County Endowment Trust Fund's revenue in 2022 was $8,168.

Who are the executives of Big Brothers Of Schenectady County Endowment Trust Fund and what are their salaries?


There is 1 key member and their salary:


Trustco Bank (Trustee)
  • Compensation: $306
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Big Brothers Of Schenectady County Endowment Trust Fund?

Big Brothers Of Schenectady County Endowment Trust Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Big Brothers Of Schenectady County Endowment Trust Fund

The Big Brothers of Schenectady County Endowment Trust Fund is a dedicated entity that plays a crucial role in supporting the Big Brothers Big Sisters organization within the Capital Region. Its primary mission is to provide financial backing for the various programs and activities undertaken by this nonprofit organization. By doing so, it contributes to the overall objective of Big Brothers Big Sisters, which is to foster positive mentorship relationships between young individuals and their mentors, thereby promoting personal growth and development. The Endowment Trust Fund serves as a vital source of financial sustenance, enabling the Big Brothers Big Sisters organization to continue its invaluable work in the community.

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Impact




August, 2024

The impact of the Big Brothers of Schenectady County Endowment Trust Fund is significant in supporting the Big Brothers Big Sisters organization of the Capital Region. Through providing funds for programs and activities, the trust fund plays a crucial role in promoting youth development and fostering positive relationships between mentors and young individuals in the community. This support contributes to the overall well-being and growth of the youth in the Capital Region, helping them achieve their full potential and creating a positive impact on their lives.




This information is meant to be a general summary of Big Brothers Of Schenectady County Endowment Trust Fund. 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
$8,168 (2022)
201120122013201420152016201720182019202020212022$0$2,500$5,000$7,500$10,000
Expenses
$2,887 (2022)
201120122013201420152016201720182019202020212022$0$2,000$4,000$6,000$8,000
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $2,170
  • Gross Receipts: $9,623

Assets and Liabilities:

  • Total Assets: $89,341
  • Total Liabilities: $0
  • Net Assets: $89,341

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Organization Details

Main Address

6 METRO PARK RD, ALBANY, NY, 12205

NTEE Category

Code: O30 - Youth development

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