Tr Uw Corale Workum Decd

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

EIN: 316019902 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Tr Uw Corale Workum Decd?

Tr Uw Corale Workum Decd is a nonprofit organization situated in Cincinnati, Ohio. Its main objective is to manage and invest trust assets, with the aim of generating income that is then distributed to the charities outlined in its governing document. Among these charities, the University of Cincinnati Foundation and Jewish Home of Cincinnati, Inc. are recipients of this income. The organization's activities revolve around managing and strategically investing trust assets to achieve this income distribution goal.

Is Tr Uw Corale Workum Decd legitimate?

Tr Uw Corale Workum Decd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tr Uw Corale Workum Decd 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: $56,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tr Uw Corale Workum Decd?

Tr Uw Corale Workum Decd's mission is centered around investing its trust assets to generate income. This income is then distributed to the charities specified in its governing document. The primary objective of this entity is to support these designated charities financially. It does not have its own programs or activities, but rather, it functions as a conduit for distributing income derived from its investment portfolio. The University of Cincinnati Foundation and Jewish Home of Cincinnati, Inc. are among the charities that benefit from its income distribution.

Who is the CEO of Tr Uw Corale Workum Decd?

Fifth Third Bank N A is the Trustee of Tr Uw Corale Workum Decd.

What is the revenue of Tr Uw Corale Workum Decd?

Tr Uw Corale Workum Decd's revenue in 2023 was $193,551.

Who are the executives of Tr Uw Corale Workum Decd and what are their salaries?


There is 1 key member and their salary:


Fifth Third Bank N A (Trustee)
  • Compensation: $56,187
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tr Uw Corale Workum Decd?

Tr Uw Corale Workum Decd's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Tr Uw Corale Workum Decd

Tr Uw Corale Workum Decd is a trust that invests its assets to generate income. This income is then distributed to the charities listed in its governing document. The primary mission of this trust is to provide financial support to these charitable organizations, thereby contributing to their causes and initiatives. The activities of the trust are centered around the investment of its assets, with the ultimate goal of generating income for the benefit of the named charities. In this capacity, Tr Uw Corale Workum Decd plays a crucial role in supporting the financial needs of these charitable organizations.

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Impact




October, 2024

Tr Uw Corale Workum Decd makes a significant impact by investing trust assets, generating income that supports various charitable organizations. By focusing on the distribution of funds to designated charities such as the University of Cincinnati Foundation and the Jewish Home of Cincinnati, Inc., it enhances the financial resources available to these institutions. This funding helps these charities further their missions and services, enabling them to better serve their communities in Cincinnati and beyond. The systematic approach to managing and distributing trust assets ensures a sustained impact, fostering philanthropy and community support.




This information is meant to be a general summary of Tr Uw Corale Workum Decd. 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
$193,551 (2023)
Expenses
$350,528 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $193,551
  • Gross Receipts: $448,713

Assets and Liabilities:

  • Total Assets: $3,179,862
  • Total Liabilities: $0
  • Net Assets: $3,179,862

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Organization Details

Founding Year

1957

Principal Officer

Fifth Third Bank N A

Main Address

PO BOX 630858, CINCINNATI, OH, 452630858

NTEE Category

Code: T00 - Philanthropy

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