Overview
What is Old Trail School Foundation?
The Old Trail School Foundation is a nonprofit organization established in 1990, dedicated to supporting Old Trail School. Its primary role is to raise funds, manage investments, and oversee endowment funds for the school. The foundation's mission includes underwriting faculty salary increases, funding financial aid for deserving students, and building an endowment fund for the physical plant. Additionally, it aims to create endowments for specific areas such as the library, technology, geography, professional development, and guest speakers, thereby strengthening the school's programs and reputation.
Official website here: www.oldtrail.org
Is Old Trail School Foundation legitimate?
Old Trail School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Trail School Foundation 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
Official website here: www.oldtrail.org
What is the mission statement of Old Trail School Foundation?
The Old Trail School Foundation, established in 1990, was created with the primary objective of benefiting Old Trail School. Its mission involves soliciting and managing donations, setting and reviewing investment and spending policies, and overseeing the management of endowment funds for the school. The foundation aims to build an endowment large enough to cover faculty salary increases beyond inflation and provide financial aid to students who lack the means but possess the academic ability to attend Old Trail School. Additionally, the foundation seeks to establish an endowment fund for the school's physical plant, reducing its reliance on operating expenses for maintenance and enhancement. Furthermore, the foundation intends to build endowments to enhance specific programs such as the library, technology, geography, professional development, and guest speakers, thereby alleviating budgetary constraints for these areas and maintaining the school's expected standards.
Official website here: www.oldtrail.org
Who is the CEO of Old Trail School Foundation?
Sarah Johnston is the President of Old Trail School Foundation.
Official website here: www.oldtrail.org
What is the revenue of Old Trail School Foundation?
Old Trail School Foundation's revenue in 2022 was $715,809.
Official website here: www.oldtrail.org
Who are the executives of Old Trail School Foundation and what are their salaries?
There 7 volunteers at Old Trail School Foundation.
Here are 10 key members and their salaries:
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- Related: $252,021
- Other: $27,174
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- Related: $121,531
- Other: $21,428
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- Related: $145,421
- Other: $23,621
Official website here: www.oldtrail.org
Where can I find the form 990 for Old Trail School Foundation?
Old Trail School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oldtrail.org
Learn more at the official website: www.oldtrail.org
Mission Statement of Old Trail School Foundation
The Old Trail School Foundation, established in 1990, serves the benefit of Old Trail School by soliciting and managing funds, establishing and reviewing investment and spending policies, and overseeing the management of endowment funds. The primary mission of this organization is to build an endowment large enough to cover faculty salary increases beyond inflation and fund financial aid allocations for students who possess the academic ability but lack the means to attend Old Trail School. The foundation also aims to establish an endowment for the physical plant, reducing the school's reliance on operating expenses for maintenance and enhancement. Additionally, the Old Trail School Foundation seeks to build an endowment to enhance specific programs, such as the library, technology, geography, professional development, and guest speakers, thereby providing the strength and excellence expected by the school's families. This approach alleviates the burden on the annual operating budget for program expenses.
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Impact
October, 2024
The Old Trail School Foundation significantly impacts the educational landscape by providing vital financial support to Old Trail School through its endowment programs. Established in 1990, it focuses on soliciting and managing gifts that enhance the school's ability to pay competitive faculty salaries, ensuring that exceptional teachers are retained even as inflation rises.
By building a robust endowment, the foundation enables the school to offer financial aid to academically talented students who might otherwise lack the means to attend. This commitment to inclusivity allows a diverse range of students to benefit from the unique educational opportunities at Old Trail School.
The foundation also addresses the need for sustainable funding for the school's facilities, reducing reliance on annual operating expenses for maintenance and enhancements. Additionally, it allocates resources to specific educational enhancements, such as improvements in the library, advancements in technology, and funding for professional development and guest speakers. This strategic oversight not only alleviates the pressure on the annual operating budget but also ensures that Old Trail School can consistently provide a high-quality learning environment that meets the expectations of its community.
This information is meant to be a general summary of Old Trail School Foundation. 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: $610,629
- Gross Receipts: $1,111,698
Assets and Liabilities:
- Total Assets: $8,679,736
- Total Liabilities: $0
- Net Assets: $8,679,736
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Organization Details
Founding Year
1990
Phone
(330) 666-1118Principal Officer
Sarah Johnston
Main Address
PO BOX 827, BATH, OH, 442100827
Website
www.oldtrail.orgNTEE Category
Code: B80 - Education
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