Overview
What is St Mary Catholic Central Endowment Fund?
The St Mary Catholic Central Endowment Fund, based in Monroe, Michigan, serves as a nonprofit organization with a primary mission to support secondary education at St Mary Catholic Central. This is accomplished by receiving and investing contributions, and subsequently distributing income and principal in accordance with the trust agreements. The fund's primary objective is to promote and further education at St Mary Catholic Central, contributing to the community's educational development.
Is St Mary Catholic Central Endowment Fund legitimate?
St Mary Catholic Central Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary Catholic Central Endowment Fund 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 St Mary Catholic Central Endowment Fund?
The St Mary Catholic Central Endowment Fund's mission is focused on promoting and advancing secondary education. This is achieved by accepting and investing contributions, and subsequently distributing income and principal in accordance with the agreed-upon trust agreements. The primary objective of this fund is to support and enhance the educational opportunities at St Mary Catholic Central.
What is the revenue of St Mary Catholic Central Endowment Fund?
St Mary Catholic Central Endowment Fund's revenue in 2024 was $566,675.
Who are the executives of St Mary Catholic Central Endowment Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for St Mary Catholic Central Endowment Fund?
St Mary Catholic Central Endowment Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of St Mary Catholic Central Endowment Fund
The St. Mary Catholic Central Endowment Fund is a mission-driven organization that aims to advance secondary education at St. Mary Catholic Central. Its primary objective is to promote and further this cause, as outlined in its trust agreements. The fund achieves this by receiving and investing contributions, and subsequently distributing both income and principal in accordance with these agreements. By doing so, the St. Mary Catholic Central Endowment Fund plays a significant role in supporting and enhancing the educational opportunities available at the institution.
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Impact
October, 2024
The St Mary Catholic Central Endowment Fund plays a crucial role in enhancing secondary education at St Mary Catholic Central in Monroe, MI. By receiving and strategically investing contributions, the fund is able to provide financial support that directly contributes to the educational mission of the institution.
The impact of this endowment can be seen in various areas, such as scholarship opportunities for students, funding for educational programs, and the maintenance and enhancement of school facilities. With a focus on promoting and furthering education, the fund ensures that resources are allocated effectively according to established trust agreements, benefiting both current and future students. Ultimately, the St Mary Catholic Central Endowment Fund fosters a supportive learning environment, enriching the educational experiences and opportunities available to students at the school.
This information is meant to be a general summary of St Mary Catholic Central Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $86,901
- Gross Receipts: $1,693,914
Assets and Liabilities:
- Total Assets: $5,355,650
- Total Liabilities: $0
- Net Assets: $5,355,650
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Organization Details
Founding Year
1973
Principal Officer
Michael Miller
NTEE Category
Code: B25I - Education
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