Overview
What is James Mcgregor Student Endowment Fund?
The James Mcgregor Student Endowment Fund is a charitable trust that provides annual financial support to two esteemed educational institutions, Rose-Hulman Institute of Technology and Indiana State University, both located in Terre Haute, Indiana. Beyond this, the trust's net income is allocated to educational institutions within Vigo County, Indiana. The purpose of this endowment is to contribute to the educational landscape in the region, thereby empowering students and fostering academic growth.
Is James Mcgregor Student Endowment Fund legitimate?
James Mcgregor Student Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Mcgregor Student Endowment Fund submitted a form 990EZ, 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.
What is the mission statement of James Mcgregor Student Endowment Fund?
The James Mcgregor Student Endowment Fund's mission is centered around providing financial support to educational institutions. Each year, a portion of the trust's income is allocated to Rose-Hulman Institute of Technology and Indiana State University. Furthermore, the net income of the trust is distributed to educational institutions located in Vigo County, Indiana. This fund's primary objective is to contribute to the educational sector by providing financial aid to these institutions.
Who is the CEO of James Mcgregor Student Endowment Fund?
First Financial Bank Na is the Trustee of James Mcgregor Student Endowment Fund.
What is the revenue of James Mcgregor Student Endowment Fund?
James Mcgregor Student Endowment Fund's revenue in 2022 was -$4,278.
Who are the executives of James Mcgregor Student Endowment Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $4,306
- Related: $0
- Other: $0
Where can I find the form 990EZ for James Mcgregor Student Endowment Fund?
James Mcgregor Student Endowment Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of James Mcgregor Student Endowment Fund
The James Mcgregor Student Endowment Fund, in its mission, annually disburses the income generated from its trust to two esteemed educational institutions, namely Rose-Hulman Institute of Technology and Indiana State University, both located in Terre Haute, Indiana. Notably, the net income accumulated within the trust is further distributed to various educational institutions within Vigo County, Indiana. This endowment fund serves as a significant source of financial support for the pursuit of education within the specified region.
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Impact
October, 2024
The James McGregor Student Endowment Fund significantly impacts the educational landscape in Vigo County, Indiana, by providing vital financial support to local institutions. Each year, it allocates income to Rose-Hulman Institute of Technology and Indiana State University, enhancing their ability to offer quality education and support to students. This funding not only aids in maintaining academic programs but also contributes to scholarships and resources that benefit students directly. By distributing its net income across educational institutions within the region, the endowment fosters a culture of academic excellence and accessibility, empowering students in their pursuit of higher education and enriching the community as a whole.
This information is meant to be a general summary of James Mcgregor Student 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: $6,354
- Gross Receipts: $68,218
Assets and Liabilities:
- Total Assets: $319,585
- Total Liabilities: $0
- Net Assets: $319,585
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Organization Details
Phone
(812) 238-6257Principal Officer
First Financial Bank Na
Main Address
PO Box 540, Terre Haute, IN, 478080540
NTEE Category
Code: B82 - Education
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