Overview
What is Trinity Foundation?
Trinity Foundation serves as a vital financial management entity for Trinity Church Myrtle Beach. Its primary role is to oversee and invest donated funds, ensuring the church's leadership has accurate information about earnings and liquidity. This allows them to strategically plan their charitable endeavors effectively. The foundation's mission is to manage, invest, and reinvest gifts of both real and personal property exclusively for the benefit and use of Trinity Church Myrtle Beach.
Is Trinity Foundation legitimate?
Trinity Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Foundation 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.
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What is the mission statement of Trinity Foundation?
The Trinity Foundation's primary mission is to manage and invest donated property resources, both real and personal, with the sole intention of benefiting and serving Trinity Church in Myrtle Beach. The foundation's role is to hold, manage, and reinvest these funds, ensuring that the earnings and liquidity of these investments are communicated to the church's vestry. This information allows the church to strategically plan their charitable endeavors effectively.
Who is the CEO of Trinity Foundation?
Jerrett Oates Jr is the President of Trinity Foundation.
What is the revenue of Trinity Foundation?
Trinity Foundation's revenue in 2022 was $75,614.
Who are the executives of Trinity Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Trinity Foundation?
Trinity Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinity Foundation
Trinity Foundation, as a nonprofit entity, is dedicated to managing, investing, and reinvesting gifts of both real and personal property. The primary objective of this organization is to benefit and utilize these resources solely for the advantage of Trinity Church Myrtle Beach. By overseeing these investments, Trinity Foundation provides vital financial information to the church's vestry, allowing them to plan their charitable endeavors effectively. This partnership ensures that the church can make informed decisions regarding the earnings and liquidity of their funds, ultimately enabling them to carry out their charitable purposes with confidence and precision.
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Impact
October, 2024
Trinity Foundation plays a vital role in supporting Trinity Church in Myrtle Beach by effectively managing and investing gifts of property, both real and personal. This strategic oversight ensures that the church has the necessary financial resources to fulfill its charitable purposes and outreach initiatives. By keeping the vestry informed about fund earnings and liquidity, Trinity Foundation helps the church plan for sustainable growth and impactful community engagement. The foundation's efforts enable the church to focus on its mission while ensuring financial stability and transparency.
This information is meant to be a general summary of Trinity Foundation. 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: $75,089
- Gross Receipts: $148,516
Assets and Liabilities:
- Total Assets: $1,714,166
- Total Liabilities: $0
- Net Assets: $1,714,166
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Organization Details
Founding Year
2011
Phone
(843) 448-8426Principal Officer
Jerrett Oates Jr
Main Address
1229 38TH AVENUE NORTH PMB 231, MYRTLE BEACH, SC, 29577
NTEE Category
Code: X111 - Religion related
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