The Procter & Gamble Retiree Benefit Trust

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

EIN: 311383353 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

Overview

What is The Procter & Gamble Retiree Benefit Trust?

The Procter & Gamble Retiree Benefit Trust, located in Cincinnati, Ohio, is a nonprofit organization dedicated to providing medical benefits for retired employees of the U.S. Procter & Gamble Company. This trust's primary mission is to ensure the well-being of retired employees by offering them essential healthcare services. With a solid commitment to its cause, the organization strives to maintain the health and well-being of those who have worked for the U.S. Procter & Gamble Company, contributing to their overall quality of life during their post-employment years.


Is The Procter & Gamble Retiree Benefit Trust legitimate?

The Procter & Gamble Retiree Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Procter & Gamble Retiree Benefit 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 not tax deductible.

Here 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 The Procter & Gamble Retiree Benefit Trust?
Who is the CEO of The Procter & Gamble Retiree Benefit Trust?
What is the revenue of The Procter & Gamble Retiree Benefit Trust?
Who are the executives of The Procter & Gamble Retiree Benefit Trust and what are their salaries?
Where can I find the form 990 for The Procter & Gamble Retiree Benefit Trust?

Mission Statement of The Procter & Gamble Retiree Benefit Trust

The Procter & Gamble Retiree Benefit Trust is a dedicated organization that focuses on providing essential medical benefits to retired employees of the Procter & Gamble Company in the United States. In simple terms, its mission is to ensure the well-being of these retirees by covering their healthcare needs.

Established with a clear purpose, this trust aims to alleviate the financial burden of healthcare costs for the retired employees of Procter & Gamble. By administering retiree medical benefits, the Trust enables these individuals to maintain their health and quality of life during their post-career years. The organization's unwavering commitment to this cause is evident in its consistent efforts to fund and manage these benefits for the beneficiaries.

The Procter & Gamble Retiree Benefit Trust plays a vital role in the lives of countless retired Procter & Gamble employees, providing them with peace of mind and security as they transition into retirement. The organization's dedication to its mission is a testament to Procter & Gamble's commitment to its employees, extending beyond their active employment. Through its work, the Trust ensures that the health needs of retired Procter & Gamble employees are met, enabling them to enjoy their retirement years with dignity and financial stability.

Impact

This information is meant to be a general summary of The Procter & Gamble Retiree Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Procter & Gamble Retiree Benefit Trust plays a crucial role in providing essential retiree medical benefits for retired employees of the U.S. Procter & Gamble Company. By funding these medical benefits, the Trust ensures that retirees have access to necessary healthcare services, contributing to their well-being and quality of life during their retirement years. This support underscores the commitment of Procter & Gamble to take care of its retired employees and honor their contributions to the company.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $23,769
  • Program Service Revenue: $181,879,864
  • Gross Receipts: $181,903,633

    • Assets and Liabilities:
  • Total Assets: $18,467,431
  • Total Liabilities: $1,665,345
  • Net Assets: $16,802,086
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRIBUTIONS

    Revenue

    $181,879,864

    Organization Details

    Founding Year

    1993

    Principal Officer

    Kevin Whitham

    Main Address

    TWO PROCTER GAMBLE PLAZA, CINCINNATI, OH, 45202

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of The Procter & Gamble Retiree Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.