Overview
What is Andrew Squire Testamentary Trust?
The Andrew Squire Testamentary Trust is a philanthropic entity that distributes its earnings to Case Western Reserve University. Its mission, as outlined in the will of Andrew Squire who passed away in 1934, is twofold: first, to preserve, maintain, and operate Squire Farm, a property and educational resource of the university; and second, to contribute to Flora Stone Mather College of Case Western Reserve University, should funds not be required for the former purpose. The trust operates under the Ohio Institutional Trust Funds Act of 1999, allowing it to distribute the maximum income, based on either 5% of the adjusted gross income or traditional income. KeyBank plays a role in supporting the needs and activities of the beneficiary organization in achieving its mission.
Is Andrew Squire Testamentary Trust legitimate?
Andrew Squire Testamentary Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Andrew Squire Testamentary 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: $354,771
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Andrew Squire Testamentary Trust?
The Andrew Squire Testamentary Trust, as outlined in Andrew Squire's will and codicils, is instructed to make grants to Case Western Reserve University. These funds are intended for preserving, maintaining, and operating Squire Farm, a property and educational function of the university. If the funds are not required for these purposes, they are to be utilized for the benefit of Flora Stone Mather College within the university.
Who is the CEO of Andrew Squire Testamentary Trust?
Unavailable
What is the revenue of Andrew Squire Testamentary Trust?
Andrew Squire Testamentary Trust's revenue in 2022 was $2,294,557.
Who are the executives of Andrew Squire Testamentary Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $354,770
- Related: $0
- Other: $0
Where can I find the form 990 for Andrew Squire Testamentary Trust?
Andrew Squire Testamentary Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Andrew Squire Testamentary Trust
The Andrew Squire Testamentary Trust, as per the instructions of Andrew Squire's will and codicils, is tasked with making grants to Case Western Reserve University. The primary purpose of these grants is to preserve, maintain, and operate Squire Farm, which is one of the educational properties of the university. In instances where these grants are not required for the aforementioned purposes, they are intended for the benefit of Flora Stone Mather College within the same university. The trust serves to support the educational functions of Case Western Reserve University in various capacities, contributing to its overall mission.
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Impact
October, 2024
The Andrew Squire Testamentary Trust significantly impacts the preservation and functionality of Squire Farm, an integral part of Case Western Reserve University. Established under the directives of Andrew Squire’s will, the trust allocates its grants primarily for the maintenance and operation of Squire Farm. This support ensures that the property continues to serve educational purposes, enriching the learning environment for students and faculty alike.
In instances where funding for Squire Farm is sufficient, the trust further benefits the Flora Stone Mather College, enhancing educational opportunities and resources at the university. The flexibility in grant distribution allows for strategic use of funds, prioritizing the needs of Squire Farm while still contributing to the broader educational mission of the university.
KeyBank's role in managing the trust ensures that the needs and activities of Case Western Reserve University are continuously supported, fostering an ongoing commitment to education and community involvement. Overall, the trust plays a crucial role in sustaining historical and educational resources, demonstrating a long-term commitment to philanthropy in support of higher education.
This information is meant to be a general summary of Andrew Squire Testamentary 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,294,557
- Gross Receipts: $4,885,538
Assets and Liabilities:
- Total Assets: $52,615,783
- Total Liabilities: $0
- Net Assets: $52,615,783
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Organization Details
Founding Year
1934
Phone
(216) 689-0969Main Address
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH, 44144
NTEE Category
Code: T900 - Philanthropy
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