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R Stuart Moore Charitable Trust For The

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

EIN: 264319544 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is R Stuart Moore Charitable Trust For The?

The R Stuart Moore Charitable Trust for The is a philanthropic organization, primarily based in Florida, which focuses on supporting the charitable aims of Ferrum College. They accomplish this by establishing scholarships for students, contributing to necessary repairs on college buildings, and partially covering the president's salary. Their overall goal is to contribute positively to the academic institution and the individuals it serves.

Is R Stuart Moore Charitable Trust For The legitimate?

R Stuart Moore Charitable Trust For The is a legitimate nonprofit organization registered as a 501(c)(3) entity. R Stuart Moore Charitable Trust For The 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: $46,746
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of R Stuart Moore Charitable Trust For The?

The R Stuart Moore Charitable Trust aims to support the charitable purpose of Ferrum College. This support is primarily achieved through the establishment of scholarships for students, as well as contributing to necessary repairs of college buildings. Additionally, the trust agreements allow for the partial or full payment of the college president's salary. This philanthropic organization's actions are focused on enhancing the educational experience and the overall infrastructure of Ferrum College.

Who is the CEO of R Stuart Moore Charitable Trust For The?

Truist Bank is the Co-Trustee of R Stuart Moore Charitable Trust For The.

What is the revenue of R Stuart Moore Charitable Trust For The?

R Stuart Moore Charitable Trust For The's revenue in 2023 was $391,469.

Who are the executives of R Stuart Moore Charitable Trust For The and what are their salaries?


Here are 3 key members and their salaries:


Douglas B Lane (Co-Trustee)
  • Compensation: $19,730
  • Related: $0
  • Other: $0
Ferrum College (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Truist Bank (Trustee)
  • Compensation: $27,016
  • Related: $0
  • Other: $0
Where can I find the form 990 for R Stuart Moore Charitable Trust For The?

R Stuart Moore Charitable Trust For The's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of R Stuart Moore Charitable Trust For The

The R Stuart Moore Charitable Trust For The is committed to supporting the charitable purpose of Ferrum College. This support takes various forms, including the establishment of scholarships to assist students financially, undertaking necessary repairs to college buildings, and contributing towards a portion or the entirety of the President's salary. The Trust's primary objective is to contribute positively to Ferrum College, thereby aiding in its mission to provide quality education.

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Impact




October, 2024

The R Stuart Moore Charitable Trust significantly impacts Ferrum College by providing essential financial support that enhances the educational experience for students. Through the establishment of scholarships, the trust helps make higher education more accessible, allowing a greater number of students to pursue their academic goals without the burden of crippling debt.

In addition to scholarships, the trust plays a crucial role in maintaining the college's physical infrastructure. By assisting with necessary repairs to college buildings, it ensures that students have a safe and conducive learning environment. The financial support also extends to offsetting part or all of the president's salary, which can help stabilize the college's leadership and maintain continuity in strategic initiatives.

Overall, the trust's contributions foster a more robust educational institution, promoting both academic excellence and operational sustainability at Ferrum College.




This information is meant to be a general summary of R Stuart Moore Charitable Trust For The. 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
$391,469 (2023)
Expenses
$777,725 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $391,469
  • Gross Receipts: $2,249,433

Assets and Liabilities:

  • Total Assets: $11,181,654
  • Total Liabilities: $0
  • Net Assets: $11,181,654

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Organization Details

Founding Year

2009

Principal Officer

Truist Bank

Main Address

PO BOX 919798, ORLANDO, FL, 328919798

NTEE Category

Code: B113 - Education

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