Overview
What is James Mcgregor Educational Institutions Endowment Fund?
The James Mcgregor Educational Institutions Endowment Fund is a charitable trust established with a primary objective of providing financial assistance to educational institutions in Terre Haute, Indiana. Annually, the trust distributes its net income to three esteemed educational institutions, namely Indiana State University, St. Mary-of-the-Woods College, and Rose-Hulman Institute of Technology. This support is intended to uphold and strengthen the academic endeavors of these institutions, thereby contributing positively to the educational landscape of Terre Haute.
Is James Mcgregor Educational Institutions Endowment Fund legitimate?
James Mcgregor Educational Institutions Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Mcgregor Educational Institutions Endowment Fund 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: $12,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of James Mcgregor Educational Institutions Endowment Fund?
The James Mcgregor Educational Institutions Endowment Fund's primary objective is to provide annual financial assistance to support three educational institutions: Indiana State University, St. Mary-of-the-Woods College, and Rose-Hulman Institute of Technology, all located in Terre Haute, Indiana. By distributing the net income of the trust annually, the fund aims to contribute to the continued operation and development of these educational institutions. The fund serves as a means of supporting the educational sector and contributing to the educational growth and development of the recipients. The funds provided by the trust help these institutions maintain their operations, provide education, and contribute to the overall educational landscape.
Who is the CEO of James Mcgregor Educational Institutions Endowment Fund?
Unavailable
What is the revenue of James Mcgregor Educational Institutions Endowment Fund?
James Mcgregor Educational Institutions Endowment Fund's revenue in 2022 was $14,796.
Who are the executives of James Mcgregor Educational Institutions Endowment Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $12,805
- Related: $0
- Other: $0
Where can I find the form 990 for James Mcgregor Educational Institutions Endowment Fund?
James Mcgregor Educational Institutions Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of James Mcgregor Educational Institutions Endowment Fund
The James Mcgregor Educational Institutions Endowment Fund, in its mission, annually distributes its net income to provide support for three esteemed educational institutions: Indiana State University, St. Mary-of-the-Woods College, and Rose-Hulman Institute of Technology, all situated in Terre Haute. This philanthropic endeavor aims to boost the educational capabilities and resources of these institutions, thereby contributing to their overall growth and development.
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Impact
October, 2024
The James Mcgregor Educational Institutions Endowment Fund significantly impacts the educational landscape of Terre Haute, Indiana, by providing essential financial support to three key institutions: Indiana State University, St. Mary-of-the-Woods College, and Rose-Hulman Institute of Technology. Through the annual distribution of the net income generated by the trust, these institutions receive vital resources that enhance their educational programs, support student scholarships, and improve campus facilities.
By bolstering these colleges and universities, the fund plays a crucial role in fostering academic excellence and accessibility for the local student population. This support not only aids in retaining high-quality faculty and developing innovative curricula but also helps ensure that students from diverse backgrounds have the opportunity to pursue higher education. Ultimately, the trust contributes to the overall growth and enrichment of the educational community in Terre Haute, positively impacting countless students and the broader region.
This information is meant to be a general summary of James Mcgregor Educational Institutions Endowment Fund. 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: $14,796
- Gross Receipts: $194,341
Assets and Liabilities:
- Total Assets: $1,137,940
- Total Liabilities: $0
- Net Assets: $1,137,940
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Organization Details
Founding Year
1938
Phone
(812) 238-6257Main Address
PO Box 540, Terre Haute, IN, 478080540
NTEE Category
Code: B82 - Education
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