Tr Uw Carl F Hertenstein General Trust

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

EIN: 316116343 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Tr Uw Carl F Hertenstein General Trust?

Tr Uw Carl F Hertenstein General Trust is a charitable trust established with the primary objective of investing its assets to generate income. This income is then distributed to the charities as specified in the governing document. The trust does not carry out any direct activities itself, but rather serves as a financial vehicle to support the missions of various charitable organizations. The focus of the trust is on providing a steady income stream to these charities, thereby contributing to their causes and making a positive impact in various fields.

Is Tr Uw Carl F Hertenstein General Trust legitimate?

Tr Uw Carl F Hertenstein General Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tr Uw Carl F Hertenstein General 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: $104,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tr Uw Carl F Hertenstein General Trust?

The mission of the Tr Uw Carl F Hertenstein General Trust is centered around investing its assets to generate income. This income, as outlined in the governing document, is then distributed to the named charities. The primary goal of the trust is to support these designated charities financially, providing them with the resources they need to carry out their respective missions. The trust does not engage in any activities beyond this investment and income distribution process.

Who is the CEO of Tr Uw Carl F Hertenstein General Trust?

Fifth Third Bank N A is the Trustee of Tr Uw Carl F Hertenstein General Trust.

What is the revenue of Tr Uw Carl F Hertenstein General Trust?

Tr Uw Carl F Hertenstein General Trust's revenue in 2023 was $876,257.

Who are the executives of Tr Uw Carl F Hertenstein General Trust and what are their salaries?


There is 1 key member and their salary:


Fifth Third Bank N A (Trustee)
  • Compensation: $104,222
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tr Uw Carl F Hertenstein General Trust?

Tr Uw Carl F Hertenstein General Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Tr Uw Carl F Hertenstein General Trust

The Tr Uw Carl F Hertenstein General Trust, as per its mission, invests its assets to generate income. This income, in turn, is intended to be distributed to the charities specified in its governing document. Essentially, the role of this trust is to serve as a financial resource for the designated charities, providing them with a steady stream of income. The trust's assets are strategically invested to ensure this income generation, thereby contributing to the charitable causes it supports.

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Impact




October, 2024

Tr Uw Carl F Hertenstein General Trust plays a significant role in supporting various charitable initiatives by investing its assets to generate income. This income is then distributed to specific charities outlined in its governing document. Based in Cincinnati, Ohio, the trust acts as a financial backbone for these organizations, enabling them to further their missions and expand their impact within the community. By strategically allocating funds, the trust fosters philanthropy and helps sustain activities that are essential for social betterment, cultural enrichment, and community support.




This information is meant to be a general summary of Tr Uw Carl F Hertenstein General 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
$876,257 (2023)
Expenses
$765,631 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $876,257
  • Gross Receipts: $2,984,435

Assets and Liabilities:

  • Total Assets: $7,988,632
  • Total Liabilities: $0
  • Net Assets: $7,988,632

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Organization Details

Founding Year

1969

Principal Officer

Fifth Third Bank N A

Main Address

PO BOX 630858, CINCINNATI, OH, 452630858

NTEE Category

Code: T00 - Philanthropy

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