Overview
What is Saint Basil Academy Trust?
Saint Basil Academy Trust is a charitable organization, established under Section 501(c)(3) of the Internal Revenue Code, that supports Saint Basil Academy, an Orthodox home for children in need. Located in Garrison, New York, this nonprofit organization provides shelter, food, education, protection, and a home for orphans, as well as children from families facing chronic illness, poverty, or separation. The trust's primary objective is to distribute its income to support Saint Basil Academy's exempt function, which is dedicated to assisting vulnerable children.
Is Saint Basil Academy Trust legitimate?
Saint Basil Academy Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Basil Academy 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: $45,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Saint Basil Academy Trust?
The Saint Basil Academy Trust's primary purpose is to distribute funds to Saint Basil Academy, an Orthodox home that provides support for children in need. Located at a specific address in Garrison, New York, Saint Basil Academy serves as the beneficiary of these distributions, which are in line with the exempt function defined under Section 501(c)(3) of the Internal Revenue Code. The supported organization, Saint Basil Academy, is a national not-for-profit philanthropic center under the Greek Orthodox Archdiocese of America. It offers love, shelter, food, education, protection, and a home to orphans, children of chronically ill or destitute parents, and children from broken homes.
Who is the CEO of Saint Basil Academy Trust?
Frank B Hancock is the Trustee of Saint Basil Academy Trust.
What is the revenue of Saint Basil Academy Trust?
Saint Basil Academy Trust's revenue in 2022 was $640,782.
Who are the executives of Saint Basil Academy Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $45,472
Where can I find the form 990 for Saint Basil Academy Trust?
Saint Basil Academy Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Saint Basil Academy Trust
Saint Basil Academy Trust is an organization with a primary objective of providing financial assistance to Saint Basil Academy, a charitable institution that offers a home and support to children in need. Located elsewhere, Saint Basil Academy serves as a sanctuary for orphans, children of chronically ill or destitute parents, and children from broken homes. The Trust's mission, as defined under Section 501(c)(3) of the Internal Revenue Code, is to contribute financially to Saint Basil Academy, enabling it to fulfill its exempt function of providing love, shelter, food, education, protection, and a home for these children. The Trust's role is crucial in ensuring that Saint Basil Academy can continue its vital work of supporting and nurturing children in need, providing them with a safe and nurturing environment during difficult times.
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Impact
October, 2024
Saint Basil Academy Trust significantly impacts the lives of vulnerable children by providing essential financial resources to Saint Basil Academy, an Orthodox home dedicated to serving children in need. This support facilitates the academy's mission to offer a nurturing environment filled with love, shelter, food, education, and protection for orphans and children from broken homes, as well as those with chronically ill or financially struggling parents. By ensuring these children receive the care and support they require, Saint Basil Academy Trust contributes to their overall well-being and future opportunities, fostering a brighter path for those who might otherwise face hardship.
This information is meant to be a general summary of Saint Basil Academy 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: $640,782
- Gross Receipts: $1,580,393
Assets and Liabilities:
- Total Assets: $7,926,790
- Total Liabilities: $0
- Net Assets: $7,926,790
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Organization Details
Phone
(540) 344-9246Principal Officer
Frank B Hancock
Main Address
PO BOX 12765, ROANOKE, VA, 24028
NTEE Category
Code: P74 - Human services
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