Overview
What is Glen D And Claudine M Norton Charitable Trust?
The Glen D and Claudine M Norton Charitable Trust is a nonprofit organization based in Overbrook, Kansas, specifically at 800 SW JACKSON 1310, Topeka, KS 66612. Established with the primary objective of serving the literary and educational needs of the Overbrook community, the Trust allocates 25% of its original contributions towards an endowment. The income derived from this endowment is distributed semi-annually to the Overbrook Public Library Board to help cover their operating expenses, including maintenance, utilities, staff wages, and general operational costs. This financial assistance significantly contributes to the library's ability to serve the community effectively.
Is Glen D And Claudine M Norton Charitable Trust legitimate?
Glen D And Claudine M Norton Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glen D And Claudine M Norton 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: $250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Glen D And Claudine M Norton Charitable Trust?
The Glen D and Claudine M Norton Charitable Trust was established with the purpose of supporting literary and educational initiatives. Its mission is to provide financial assistance to further these objectives, specifically benefiting a public library. The trust's income, derived from an endowment portion, is distributed semi-annually to the library board for use in its operational budget. This financial assistance aids in covering expenses such as maintenance, utilities, staff, and general operational costs. The aim is to contribute positively to the educational and literary development of the community.
Who is the CEO of Glen D And Claudine M Norton Charitable Trust?
H Hurst Coffman is the Trustee of Glen D And Claudine M Norton Charitable Trust.
What is the revenue of Glen D And Claudine M Norton Charitable Trust?
Glen D And Claudine M Norton Charitable Trust's revenue in 2022 was $14,978.
Who are the executives of Glen D And Claudine M Norton Charitable Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $250
- Related: $0
- Other: $0
Where can I find the form 990 for Glen D And Claudine M Norton Charitable Trust?
Glen D And Claudine M Norton Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glen D And Claudine M Norton Charitable Trust
The Glen D And Claudine M Norton Charitable Trust is an organization established with a mission to contribute to the literary and educational advancement of the community. Specifically, it focuses on providing financial assistance to the public library in Overbrook, Kansas. This assistance aids in covering the library's daily operational expenses, such as maintenance, utilities, staff salaries, and general running costs. The trust's goal is to contribute to the library's budget, enabling it to continue serving the community effectively. The trust's endowment portion, which constitutes a quarter of its original contributions, provides the necessary income for these expenses to be met semi-annually. In this manner, the Glen D And Claudine M Norton Charitable Trust plays a significant role in supporting the educational and literary needs of the Overbrook community.
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Impact
October, 2024
The Glen D And Claudine M Norton Charitable Trust plays a vital role in enriching the Overbrook, Kansas community by supporting its public library. Through financial assistance, the Trust ensures that the library can continue to operate effectively, allowing residents access to literary and educational resources. The endowment established by the Trust contributes significantly to the library’s operating budget, helping to cover essential expenses such as maintenance, utilities, and staff salaries.
By providing semi-annual income distributions, the Trust not only sustains the library's day-to-day operations but also enhances its ability to offer programs and services that benefit the community. This support fosters a culture of literacy and learning, making it a cornerstone for educational development in Overbrook. The impact of the Trust extends beyond mere financial aid, promoting a thriving community hub for arts and education.
This information is meant to be a general summary of Glen D And Claudine M Norton 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: $14,978
- Gross Receipts: $14,978
Assets and Liabilities:
- Total Assets: $291,273
- Total Liabilities: $0
- Net Assets: $291,273
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Organization Details
Founding Year
2010
Phone
(785) 232-2662Principal Officer
H Hurst Coffman
Main Address
800 SW JACKSON 1310, TOPEKA, KS, 66612
NTEE Category
Code: A111 - Arts
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