The Philomatheon Society Trust

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

EIN: 346528135 ✦ Canton, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Philomatheon Society Trust?

The Philomatheon Society Trust is a charitable entity based in Canton, Ohio, specifically at Huntington Bank - 4481 Munson St NW, 44718. Its primary function is to support the Philomatheon Society of the Blind, a 501(c)(3) public charity, by managing and investing its funds. The ultimate goal of The Philomatheon Society Trust is to finance the activities and initiatives of the Philomatheon Society of the Blind, which is dedicated to serving the blind community. The trust serves as a financial backbone, ensuring the continuity and sustainability of the related charity's mission.

Is The Philomatheon Society Trust legitimate?

The Philomatheon Society Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Philomatheon Society 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 Philomatheon Society Trust?

The Philomatheon Society Trust's mission is centered around managing and investing funds with the primary purpose of supporting the Philomatheon Society of the Blind, a 501(C)(3) public charity. This trust is dedicated to providing financial backing to this related organization, thereby contributing to its continued operation and services. The mission of The Philomatheon Society Trust is essentially to ensure the sustained financial well-being of the Philomatheon Society of the Blind, thereby enabling it to carry out its charitable activities for the benefit of the visually impaired community.

Who is the CEO of The Philomatheon Society Trust?

Robert M Sweeney is the Trustee of The Philomatheon Society Trust.

What is the revenue of The Philomatheon Society Trust?

The Philomatheon Society Trust's revenue in 2022 was $41,295.

Who are the executives of The Philomatheon Society Trust and what are their salaries?

There 3 volunteers at The Philomatheon Society Trust.


Here are 3 key members and their salaries:


Robert M Sweeney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jude Streb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert F Belden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Philomatheon Society Trust?

The Philomatheon Society Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Philomatheon Society Trust

The Philomatheon Society Trust is dedicated to fulfilling its mission by holding and investing funds to support the Philomatheon Society of the Blind, a recognized 501(c)(3) public charity. This trust's primary objective is to ensure the financial stability and growth of the Philomatheon Society of the Blind, contributing to its ongoing operations and initiatives. By investing wisely and strategically, The Philomatheon Society Trust serves as a vital financial backbone for its related charity, enabling it to continue its mission of providing support and resources for the visually impaired community.

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Impact




October, 2024

The Philomatheon Society Trust plays a significant role in empowering and enhancing the lives of individuals within the blind community. By holding and investing funds, the Trust ensures a sustainable financial foundation for the Philomatheon Society of the Blind, allowing for ongoing programs and services that support blind and visually impaired individuals.

Through its strategic investment approach, the Trust maximizes resources to fund essential activities such as educational initiatives, skill development, and community engagement. This not only fosters independence and confidence among participants but also helps to raise awareness about the challenges faced by the blind community. The impact of the Trust extends beyond financial support; it cultivates a sense of belonging and promotes inclusivity, ultimately transforming lives and enriching the community in Canton, Ohio and beyond.




This information is meant to be a general summary of The Philomatheon Society 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
$41,295 (2022)
Expenses
$86,569 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $41,295
  • Gross Receipts: $185,727

Assets and Liabilities:

  • Total Assets: $1,174,757
  • Total Liabilities: $0
  • Net Assets: $1,174,757

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Organization Details

Founding Year

1953

Principal Officer

Robert M Sweeney

Main Address

HUNTINGTON BANK - 4481 MUNSON ST NW, CANTON, OH, 44718

NTEE Category

Code: T00 - Philanthropy

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