Overview
What is Boy Scouts Of America Trust Fund - Samoset Council?
The Boy Scouts of America Trust Fund - Samoset Council is a 501(c)(3) nonprofit organization situated in Weston, Wisconsin. This philanthropic entity generates investment income, which serves as operational funds for the Boy Scouts of America - Samoset Council, Inc. The distributed income is utilized annually as needed to support the organization's activities. The primary mission of this trust is to provide operational funds to the Boy Scouts of America - Samoset Council Inc., contributing to their overall operations and mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Boy Scouts of America Trust Fund - Samoset Council has achieved a commendable 94% rating from Charity Navigator, reflecting strong accountability and financial practices. This high score is derived entirely from the organization’s performance in the Accountability & Finance beacon, which evaluates key aspects of governance and financial health. The organization benefits from a 100% independent board, indicating a commitment to transparency and ethical oversight.
The Trust Fund demonstrates excellent financial stability, with a liabilities to assets ratio of 0.00%, showcasing an absence of debt. Additionally, a substantial 93.41% of its expenses are directed towards programs, highlighting an efficient allocation of resources toward fulfilling its mission. Policies regarding conflicts of interest, whistleblower protections, and document retention are well-established and actively maintained.
While the ratings are exceptionally positive, ongoing vigilance in governance and financial stewardship will be crucial as the organization continues its operations. The comprehensive structure and policies in place serve to bolster confidence among stakeholders and supporters of the Boy Scouts of America Trust Fund - Samoset Council.
This AI summary has been generated from information found on Charity Navigator.
Is Boy Scouts Of America Trust Fund - Samoset Council legitimate?
Boy Scouts Of America Trust Fund - Samoset Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boy Scouts Of America Trust Fund - Samoset Council 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:
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What is the mission statement of Boy Scouts Of America Trust Fund - Samoset Council?
The Boy Scouts Of America Trust Fund - Samoset Council's mission is to generate investment income, serving as a financial resource for the Boy Scouts of America - Samoset Council Inc. This non-profit organization's primary goal is to provide operating funds for its operations. The income generated by this trust is distributed annually as needed, contributing to the smooth functioning of the Boy Scouts of America - Samoset Council Inc.
Who is the CEO of Boy Scouts Of America Trust Fund - Samoset Council?
John Overland is the Scout Executive of Boy Scouts Of America Trust Fund - Samoset Council.
What is the revenue of Boy Scouts Of America Trust Fund - Samoset Council?
Boy Scouts Of America Trust Fund - Samoset Council's revenue in 2022 was $72,464.
Who are the executives of Boy Scouts Of America Trust Fund - Samoset Council and what are their salaries?
Here are 39 key members and their salaries:
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Where can I find the form 990 for Boy Scouts Of America Trust Fund - Samoset Council?
Boy Scouts Of America Trust Fund - Samoset Council's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boy Scouts Of America Trust Fund - Samoset Council
The Boy Scouts of America Trust Fund - Samoset Council is a mission-driven entity designed to support the operational needs of the Boy Scouts of America - Samoset Council, Inc. This nonprofit organization's primary objective is to generate investment income, which is then utilized to provide essential operating funds for the Boy Scouts of America - Samoset Council, Inc. These funds are distributed on an annual basis as necessary. In essence, the Boy Scouts of America Trust Fund - Samoset Council serves as a financial backbone, ensuring the continuous operation and success of the Boy Scouts of America - Samoset Council, Inc.
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Impact
August, 2024
The impact of the Boy Scouts Of America Trust Fund - Samoset Council is crucial in providing operating funds for the Boy Scouts of America - 627 Samoset Council, Inc. This trust generates investment income which is distributed on an annual basis as needed to support the activities and programs of the council. By ensuring a stable source of funding, the trust directly contributes to the growth and development of youth in the Samoset Council area. Through its financial support, the trust plays a significant role in advancing the mission of the Boy Scouts of America - Samoset Council Inc. to provide essential youth development opportunities.
This information is meant to be a general summary of Boy Scouts Of America Trust Fund - Samoset Council. 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: $53,094
- Gross Receipts: $138,411
Assets and Liabilities:
- Total Assets: $2,199,736
- Total Liabilities: $0
- Net Assets: $2,199,736
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Organization Details
Founding Year
1965
Phone
(715) 355-1450Principal Officer
John Overland
Main Address
3511 CAMP PHILLIPS ROAD, WESTON, WI, 54476
NTEE Category
Code: O40 - Youth development
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