The William A Wareingiii Memorial Fund

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

EIN: 237368598 ✦ Kerrville, TX ✦ Designated as a 501(c)(3)

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Overview

What is The William A Wareingiii Memorial Fund?

The William A Wareingiii Memorial Fund is a charitable organization dedicated to supporting the Fredericksburg Independent School District in Fredericksburg, Texas. Their primary objective is to provide an annual scholarship titled "The William A. Wareing, iii Memorial Award," utilizing the net income from their trust. Furthermore, they aim to contribute to the school district's charitable, literary, and educational purposes and the welfare and development of its students. The Fund's mission is to positively impact the lives of children attending this school district.

Is The William A Wareingiii Memorial Fund legitimate?

The William A Wareingiii Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The William A Wareingiii Memorial 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 The William A Wareingiii Memorial Fund?

The William A Wareingiii Memorial Fund's mission is centered around supporting educational pursuits. It accomplishes this by annually distributing the fund's income to award a scholarship titled "The William A. Wareing, III Memorial Award." Additionally, the fund aims to contribute to charitable, literary, or educational purposes within the educational sector. The ultimate goal is to enhance the welfare and development of students attending such institutions.

Who is the CEO of The William A Wareingiii Memorial Fund?

Unavailable

What is the revenue of The William A Wareingiii Memorial Fund?

The William A Wareingiii Memorial Fund's revenue in 2022 was -$1,697.

Who are the executives of The William A Wareingiii Memorial Fund and what are their salaries?


Here are 2 key members and their salaries:


Security State Bank Trust (Corporate Trustee)
  • Compensation: $1,360
  • Related: $0
  • Other: $0
Mark Williamson (Individual Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The William A Wareingiii Memorial Fund?

The William A Wareingiii Memorial Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The William A Wareingiii Memorial Fund

The William A. Wareing III Memorial Fund is dedicated to supporting the Fredericksburg Independent School District in Texas. The primary objective of this nonprofit organization is to distribute the net income of its trust annually, funding a scholarship award titled "The William A. Wareing III Memorial Award." Beyond this, the fund also aims to contribute to the charitable, literary, or educational purposes within the school district. Ultimately, the William A. Wareing III Memorial Fund strives to enhance the welfare and development of the children attending this school district.

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Impact




October, 2024

The William A. Wareing III Memorial Fund significantly enhances the educational landscape of the Fredericksburg Independent School District in Fredericksburg, Texas. Through its annual distributions from the trust, the fund supports the William A. Wareing III Memorial Award, which provides scholarship opportunities for students. This initiative helps foster the intellectual and personal growth of children in the district by enabling access to educational resources and experiences that are essential for their development.

In addition to offering financial assistance, the fund contributes to the overall welfare and educational mission of the school district by promoting charitable and literary pursuits. This not only enriches the students’ learning environment but also encourages a culture of philanthropy and community support centered on education. The positive impact of the fund can be observed in the increased opportunities for students to excel academically and engage in meaningful extracurricular activities, thereby shaping well-rounded individuals prepared for future success.




This information is meant to be a general summary of The William A Wareingiii Memorial 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
-$1,697 (2022)
Expenses
$5,052 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,667
  • Gross Receipts: $13,670

Assets and Liabilities:

  • Total Assets: $128,455
  • Total Liabilities: $0
  • Net Assets: $128,455

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Organization Details

Main Address

1130 JUNCTION HIGHWAY STE 200, KERRVILLE, TX, 78028

NTEE Category

Code: T00 - Philanthropy

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