Overview
What is Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013?
The Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013 is a charitable trust, headquartered in Wilmington, Delaware. Its primary purpose is to financially support the operations of the Delaware Academy of Medicine, Inc., particularly their student loan program. The interest generated from these loans is then used to strengthen and expand this student aid initiative. The trust's mission is to contribute financially to the Delaware Academy of Medicine, thereby aiding in their overall objectives.
Is Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013 legitimate?
Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013 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: $2,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013?
The Walter S Carpenter Jr Trust Fbo De Academy of Medicine Amended 2013 was established with a mission to financially aid the Delaware Academy of Medicine, Inc. Specifically, the trust's purpose is to support the institution's programs, including its student loan program. The interest earned from these student loans is then utilized to strengthen and expand the student loan program further. In essence, the trust's role is to provide financial assistance to the Delaware Academy of Medicine, Inc., thereby contributing to its overall operations and initiatives.
Who is the CEO of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013?
Brown Advisory is the Principal Officer of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013.
What is the revenue of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013?
Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013's revenue in 2022 was $6,319.
Who are the executives of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,726
- Related: $0
- Other: $0
Where can I find the form 990 for Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013?
Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013
The Walter S Carpenter Jr Trust Fbo De Academy of Medicine Amended 2013 is a charitable trust with a mission to support the Delaware Academy of Medicine, Inc. This support is primarily financial in nature, aimed at bolstering the organization's programs. Among these programs, the trust has a special focus on the student loan program. The interest earned from these student loans is then utilized to further develop and enhance this specific program. By doing so, the Walter S Carpenter Jr Trust Fbo De Academy of Medicine Amended 2013 is contributing to the education and future of medical students, thereby supporting the Delaware Academy of Medicine, Inc. in its mission to advance medical knowledge and practice.
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Impact
October, 2024
The Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013 plays a significant role in supporting the educational initiatives of the Delaware Academy of Medicine. By providing financial resources, the trust enhances the academy’s ability to offer programs that are crucial for medical education and training within the community.
A key aspect of its impact is the support it provides for the student loan program. Income generated from the interest on these loans is reinvested to sustain and potentially expand the student loan offerings, ensuring that future medical professionals can access financial assistance for their education. This initiative not only alleviates the financial burden on students but also fosters a new generation of healthcare providers dedicated to serving the community.
Overall, the trust's contributions enable the Delaware Academy of Medicine to uphold its mission, thereby enhancing educational opportunities and promoting health education in the Wilmington area and beyond. This commitment to education ultimately leads to a stronger healthcare community, benefiting the larger public health landscape.
This information is meant to be a general summary of Walter S Carpenter Jr Trust Fbo De Academy Of Medicine Amended 2013. 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: $2,996
- Program Service Revenue: $3,323
- Gross Receipts: $6,319
Assets and Liabilities:
- Total Assets: $491,072
- Total Liabilities: $0
- Net Assets: $491,072
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student loan program
Revenue
$3,323
Organization Details
Founding Year
1962
Phone
(302) 351-7602Principal Officer
Brown Advisory
Main Address
5701 Kennett Pike No 100, Wilmington, DE, 19807
NTEE Category
Code: B11 - Education
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