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First Place Endowment Trust Fund

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

EIN: 266243203 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is First Place Endowment Trust Fund?

The First Place Endowment Trust Fund is a perpetual endowment fund, dedicated to supporting and benefiting the nonprofit organization known as First Place. Its primary objective is to generate and distribute income, aiming to offer high-quality, culturally sensitive education to children whose families are grappling with homelessness. The fund's mission is deeply rooted in providing an opportunity for these children to overcome the challenges of their circumstances, ensuring they have access to a well-rounded education.


Official website here: www.firstplaceschool.org

Is First Place Endowment Trust Fund legitimate?

First Place Endowment Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Place Endowment Trust 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.firstplaceschool.org

What is the mission statement of First Place Endowment Trust Fund?

The First Place Endowment Trust Fund is an enduring fund dedicated to supporting First Place. Its primary mission is to generate and distribute income, aiming to offer high-quality, culturally sensitive education to children whose families face challenges with homelessness. By doing so, the fund aims to make a positive impact on these children's lives.


Official website here: www.firstplaceschool.org

Who is the CEO of First Place Endowment Trust Fund?

Dawn Mason is the Board President of First Place Endowment Trust Fund.


Official website here: www.firstplaceschool.org

What is the revenue of First Place Endowment Trust Fund?

First Place Endowment Trust Fund's revenue in 2022 was $90,016.


Official website here: www.firstplaceschool.org

Who are the executives of First Place Endowment Trust Fund and what are their salaries?

There 6 volunteers at First Place Endowment Trust Fund.


Here are 7 key members and their salaries:


Dawn Mason (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bailey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baionne Coleman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anisa Mason (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Reed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christi Springer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryam Mason (Managing Director)
  • Compensation: $0
  • Related: $30,000
  • Other: $0


Official website here: www.firstplaceschool.org

Where can I find the form 990 for First Place Endowment Trust Fund?

First Place Endowment Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.firstplaceschool.org

Learn more at the official website: www.firstplaceschool.org

Mission Statement of First Place Endowment Trust Fund

The First Place Endowment Trust Fund is a perpetually held endowment, dedicated to supporting and benefiting the organization known as First Place. Its mission is to distribute income in a manner that provides high-quality, culturally relevant education to children whose families are grappling with homelessness. The fund is committed to making a meaningful impact in the lives of these children, ensuring they have access to educational opportunities that can help them overcome the challenges associated with their families' housing situation. The endowment's goal is to contribute to the overall well-being and development of these children, thereby empowering them to overcome the hardships associated with homelessness.

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Impact




October, 2024

The First Place Endowment Trust Fund significantly impacts the lives of children facing homelessness by ensuring a sustainable source of financial support for educational initiatives. By operating as an endowment held in perpetuity, it provides consistent funding that enables the delivery of high-quality, culturally relevant education tailored to the needs of these children and their families. This financial stability allows First Place to maintain and enhance its educational programs, ensuring that children in vulnerable situations receive the support they need to thrive academically and socially. Through this commitment, the fund plays a vital role in breaking the cycle of homelessness by fostering educational opportunities that empower children to achieve their potential.




This information is meant to be a general summary of First Place Endowment Trust 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
$90,016 (2022)
Expenses
$112,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40,016
  • Gross Receipts: $104,132

Assets and Liabilities:

  • Total Assets: $2,988,926
  • Total Liabilities: $0
  • Net Assets: $2,988,926

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Organization Details

Founding Year

2008

Principal Officer

Dawn Mason

Main Address

PO BOX 22536, SEATTLE, WA, 98122

NTEE Category

Code: T90 - Philanthropy

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