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W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church

Endowment Fund

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

EIN: 306041434 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church?

W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church is a nonprofit organization that manages an Endowment Fund. This fund generates earnings from investments and annually disburses a portion of its principal earnings to Bethel United Methodist Church, fulfilling its charitable mission. The primary objective of the Endowment Fund is to support and aid Bethel United Methodist Church in its operations and initiatives, thereby contributing to its overall mission.

Is W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church legitimate?

W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church is a legitimate nonprofit organization registered as a 501(c)(3) entity. W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church 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

What is the mission statement of W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church?

The W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church Endowment Fund has a charitable mission. It distributes a portion of its investment earnings and principal annually to Bethel United Methodist Church. This financial support helps the church fulfill its charitable objectives. The Endowment Fund's mission is essential in providing ongoing support to the church, contributing to its ongoing operations and initiatives. The distribution of funds ensures the church can continue its charitable work, serving its community and adherents.

Who is the CEO of W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church?

Unavailable

What is the revenue of W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church?

W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church's revenue in 2022 was -$37,897.

Who are the executives of W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church and what are their salaries?


There is 1 key member and their salary:


Truist Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church?

W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church

W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church's mission is centered around its Endowment Fund, which serves a charitable purpose. The fund generates earnings from investments and distributes a portion of both earnings and principal to Bethel United Methodist Church on an annual basis. This distribution is in line with the fund's charitable mission, contributing to the church's operations and upholding its values. The Endowment Fund's activities are instrumental in supporting the church's various initiatives and programs, ensuring the continuation of its charitable work.

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Impact




October, 2024

W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church plays a significant role in supporting the Bethel United Methodist Church through its endowment fund. By distributing earnings from investments and a percentage of the principal at least annually, it ensures a steady flow of resources that enable the church to fulfill its charitable mission. This consistent financial support helps sustain the church's various programs and outreach initiatives, enhancing its capacity to serve the community in Charlotte, NC. The focus on philanthropy reinforces the church's commitment to making a positive impact on the lives of those it reaches, fostering a strong sense of community and service.




This information is meant to be a general summary of W Rudolph & Helen Jacobs Carter Fbo Bethel United Methodist Church. 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
-$37,897 (2022)
Expenses
$110,264 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$37,897
  • Gross Receipts: $2,621,958

Assets and Liabilities:

  • Total Assets: $1,532,570
  • Total Liabilities: $0
  • Net Assets: $1,532,570

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Organization Details

Main Address

PO BOX 896825, CHARLOTTE, NC, 282896825

NTEE Category

Code: T12 - Philanthropy

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