Overview
What is Brannan Charitable Trust?
The Brannan Charitable Trust is a philanthropic organization, located in Marietta, Oklahoma, with a postal address at 2408 Melvin Douglas Road. Its primary mission involves receiving contributions, investing and managing these funds, and then distributing the income from these investments, after deducting expenses, to the Love County Health Center Foundation, Inc. (LCHCF). As per the provided information, during 2021, the Brannan Charitable Trust distributed 31,831 dollars to LCHCF, an organization that falls under Section 501(C)3 of the Internal Revenue Code, which exempts charitable organizations from federal income tax.
Official website here: www.none
Is Brannan Charitable Trust legitimate?
Brannan Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brannan Charitable Trust 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: $3,710
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.none
What is the mission statement of Brannan Charitable Trust?
The Brannan Charitable Trust's primary purpose is to collect contributions, manage investments, and distribute the earnings, after deducting expenses, to the Love County Health Center Foundation, Inc. (LCHCF), a charity exempt under Section 501(C)3 of the Internal Revenue Code. During 2021, the Trust distributed 31,831 dollars to LCHCF. Essentially, the Brannan Charitable Trust serves to support the operations of the Love County Health Center Foundation, Inc. by offering financial assistance.
Official website here: www.none
Who is the CEO of Brannan Charitable Trust?
Arthur Rickets is the Trustee of Brannan Charitable Trust.
Official website here: www.none
What is the revenue of Brannan Charitable Trust?
Brannan Charitable Trust's revenue in 2022 was -$344,466.
Official website here: www.none
Who are the executives of Brannan Charitable Trust and what are their salaries?
Here are 3 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Brannan Charitable Trust
The Brannan Charitable Trust is a philanthropic organization with a mission to collect contributions, invest and manage these funds, and subsequently distribute the income generated from investments, minus expenses, to the Love County Health Center Foundation, Inc. (LCHCF). This foundation, exempt under Section 501(C)3 of the Internal Revenue Code, is the primary recipient of the trust's distributions. In 2021, the Brannan Charitable Trust distributed 31,831 dollars to LCHCF. The trust's purpose is to support the operations and initiatives of this health center foundation.
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Impact
October, 2024
Brannan Charitable Trust plays a vital role in supporting the Love County Health Center Foundation (LCHCF) in Marietta, Oklahoma. By receiving and managing contributions, the trust effectively invests these funds to generate income that directly benefits the health center. In 2021, it distributed $31,831 to LCHCF, significantly impacting local healthcare services and community health initiatives.
Through its financial contributions, Brannan Charitable Trust enhances the capabilities of LCHCF, enabling them to provide better medical services and resources to the community. This support not only helps sustain existing healthcare programs but also fosters the development of new initiatives aimed at improving health outcomes for residents in Love County. The trust's commitment to philanthropy reinforces the importance of accessible healthcare and plays an essential role in the well-being of the community it serves.
This information is meant to be a general summary of Brannan Charitable Trust. 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: $37,201
- Gross Receipts: $37,201
Assets and Liabilities:
- Total Assets: $1,805,835
- Total Liabilities: $0
- Net Assets: $1,805,835
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Organization Details
Founding Year
1974
Phone
(580) 465-1068Principal Officer
Arthur Rickets
Main Address
2408 MELVIN DOUGLAS RD, MARIETTA, OK, 73448
Website
www.noneNTEE Category
Code: T30 - Philanthropy
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