Overview
What is The Double Eagle Endowment?
The Double Eagle Endowment is a nonprofit organization based in Dublin, Ohio, with the primary objective of managing funds for the acquisition, construction, maintenance, and operation of a temple or other suitable building for a Masonic valley. The endowment's purpose is to invest and distribute funds for these specific purposes, and it may also allocate resources for maintaining and operating a Valley office as permitted. The endowment operates with the sole intention of benefiting the Masonic valley and other appropriate Masonic bodies.
Is The Double Eagle Endowment legitimate?
The Double Eagle Endowment is a legitimate nonprofit organization registered as a 501(c)(10) entity. The Double Eagle Endowment 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 The Double Eagle Endowment?
The Double Eagle Endowment is established with a specific purpose. It is set up to receive, invest, and distribute funds for the acquisition, construction, equipping, maintenance, and operation of a temple or other building, primarily for its own use, but also for other suitable Masonic bodies as it deems appropriate. The endowment may also utilize its trust funds for the upkeep and operation of its office, as permitted by its use. In essence, the Double Eagle Endowment serves as a financial resource to support the establishment and upkeep of Masonic buildings.
What is the revenue of The Double Eagle Endowment?
The Double Eagle Endowment's revenue in 2022 was $20,554.
Who are the executives of The Double Eagle Endowment and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for The Double Eagle Endowment?
The Double Eagle Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Double Eagle Endowment
The Double Eagle Endowment is established with a specific mission in mind. Its primary objective is to collect, invest, and distribute funds for the purpose of constructing, maintaining, and operating a temple or other building. This endeavor is carried out with the intention of benefiting a particular Valley, serving both its needs and those of other appropriate Masonic bodies. Additionally, the trust funds associated with the Endowment can be utilized for the upkeep and operation of the Valley's office, as permitted by the specified use.
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Impact
October, 2024
The Double Eagle Endowment significantly impacts its community by securing funds for the acquisition, construction, and maintenance of facilities that serve the Valley and its affiliated Masonic bodies. Through prudent investment and management of assets, the Endowment ensures the financial health and sustainability of these essential spaces, enabling them to meet the needs of their members and the broader community.
By focusing on building and maintaining a dedicated temple and other related facilities, the Endowment fosters a sense of community and belonging among its members. It provides a venue for gatherings, ceremonies, and initiatives that promote mutual benefit, enhancing fellowship and encouraging the growth of Masonic values.
Additionally, the Endowment's ability to distribute funds for operational support means that it can adapt to changing needs over time, ensuring that the Valley office and its facilities are well-equipped to serve current and future generations. Ultimately, the Double Eagle Endowment plays a vital role in preserving Masonic traditions while expanding opportunities for engagement and service within the community.
This information is meant to be a general summary of The Double Eagle Endowment. 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: $14,099
- Gross Receipts: $20,554
Assets and Liabilities:
- Total Assets: $326,930
- Total Liabilities: $0
- Net Assets: $326,930
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Organization Details
Founding Year
1990
Principal Officer
Fred S Kile
NTEE Category
Code: Y40 - Mutual benefit
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