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The Freven Foundation Charitable Trust

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

EIN: 311480308 ✦ Cockeysville, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Freven Foundation Charitable Trust?

The Freven Foundation Charitable Trust is a public foundation situated in Cockeysville, Maryland. Its primary mission is to provide support to Gerstell Academy, Inc., a nonprofit entity as well. The foundation operates with the intention of aiding this educational institution in its operations and initiatives. The Freven Foundation Charitable Trust's purpose is clearly centered around its dedication to Gerstell Academy, Inc. and ensuring its continued growth and success.

Is The Freven Foundation Charitable Trust legitimate?

The Freven Foundation Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Freven Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Freven Foundation Charitable Trust?

The Freven Foundation Charitable Trust primarily focuses on supporting Gerstell Academy, Inc. As a public foundation, its mission is to contribute to the operations and growth of this educational institution. Although the provided information does not provide specific details about the nature of the support or the goals of the foundation beyond this, it is clear that The Freven Foundation Charitable Trust is committed to contributing to the success of Gerstell Academy, Inc.

What is the revenue of The Freven Foundation Charitable Trust?

The Freven Foundation Charitable Trust's revenue in 2024 was $2,034,331.

Who are the executives of The Freven Foundation Charitable Trust and what are their salaries?

Here are 9 key members and their salaries:


Dr Frederick G Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Venice K Paterakis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard J Nessif (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul O Wallace (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Nessif (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Krulevitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Krulevitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Zizos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Zizos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Freven Foundation Charitable Trust?

The Freven Foundation Charitable Trust's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of The Freven Foundation Charitable Trust

The Freven Foundation Charitable Trust is a public foundation dedicated to supporting Gerstell Academy, Inc. In essence, its mission is to contribute to the success and growth of this organization. The foundation does not provide specific details about its methods or goals beyond its commitment to Gerstell Academy, Inc.

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Impact




October, 2024

The Freven Foundation Charitable Trust significantly impacts the educational landscape by supporting Gerstell Academy, Inc. Located in Cockeysville, MD, this initiative enhances the quality of education through financial resources and strategic support. By focusing on educational excellence, it empowers students and educators alike, fostering a vibrant learning environment that prioritizes innovative teaching and holistic student development. Its commitment to Gerstell Academy underscores a dedication to nurturing future leaders and enriching the community through quality education.




This information is meant to be a general summary of The Freven Foundation 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
$2,034,331 (2024)
Expenses
$1,995,116 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $851,132
  • Gross Receipts: $8,314,243

Assets and Liabilities:

  • Total Assets: $47,265,031
  • Total Liabilities: $4,650,606
  • Net Assets: $42,614,425

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Organization Details

Founding Year

1996

Principal Officer

Dr Frederick G Smith

NTEE Category

Code: B11 - Education

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