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Jack R Macdonald Charitable Trust

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

EIN: 306410216 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Jack R Macdonald Charitable Trust?

Jack R Macdonald Charitable Trust is a philanthropic entity established by its founder, with the primary purpose of supporting various charitable organizations as outlined in its governing document. Based in Dallas, Texas, this trust is committed to contributing financially to the causes it has chosen to support, specifically those connected to Seattle Children's Hospital Foundation, with a focus on their research needs. The trust's mission is centered around providing financial aid to these charitable organizations, thereby contributing to their overall objectives and advancements.


Official website here: www.none

Is Jack R Macdonald Charitable Trust legitimate?

Jack R Macdonald Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack R Macdonald 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: $442,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.none

What is the mission statement of Jack R Macdonald Charitable Trust?

The Jack R Macdonald Charitable Trust was established with the purpose of backing charitable organizations, as outlined in its governing document. The primary mission of this trust is to provide financial support to these charitable organizations, specifically focusing on the research needs of the Seattle Children's Hospital Foundation. The trust aims to contribute to the advancement of medical research and potentially improve healthcare outcomes. By supporting these charitable organizations, the Jack R Macdonald Charitable Trust is making a significant impact in the field of healthcare.


Official website here: www.none

Who is the CEO of Jack R Macdonald Charitable Trust?

Bank Of America N A is the Trustee of Jack R Macdonald Charitable Trust.


Official website here: www.none

What is the revenue of Jack R Macdonald Charitable Trust?

Jack R Macdonald Charitable Trust's revenue in 2022 was $138,659.


Official website here: www.none

Who are the executives of Jack R Macdonald Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Bank Of America N A (Trustee)
  • Compensation: $442,748
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Jack R Macdonald Charitable Trust?

Jack R Macdonald Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Jack R Macdonald Charitable Trust

The Jack R Macdonald Charitable Trust, as per its establishment by the trustor, is designed to support various charitable organizations as outlined in its governing document. The primary mission of this trust is to provide financial assistance and resources to these named charitable organizations, with a focus on advancing their causes and achieving their objectives. One of the organizations the Jack R Macdonald Charitable Trust supports is the Seattle Children's Hospital Foundation, specifically in meeting the research needs of the foundation. By contributing to this mission, the Jack R Macdonald Charitable Trust plays a significant role in furthering the medical and scientific advancements aimed at improving the health and well-being of children.

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Impact




October, 2024

The Jack R Macdonald Charitable Trust makes a significant impact by providing financial support specifically designated for the Seattle Children's Hospital Foundation. This funding enables the hospital to address critical research needs, contributing to advancements in pediatric healthcare and medical discoveries that can improve outcomes for children. By focusing its resources on identified charitable organizations, the trust helps to bolster vital healthcare initiatives, ensuring that essential research can progress and lead to innovative treatments and solutions for young patients in need.




This information is meant to be a general summary of Jack R Macdonald 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.

Revenue
$138,659 (2022)
Expenses
$12,372,960 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $133,969
  • Gross Receipts: $93,441,979

Assets and Liabilities:

  • Total Assets: $197,116,887
  • Total Liabilities: $0
  • Net Assets: $197,116,887

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Organization Details

Founding Year

2014

Principal Officer

Bank Of America N A

Main Address

PO BOX 653067, DALLAS, TX, 752653067

Website

www.none

NTEE Category

Code: T19 - Philanthropy

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