Overview
What is James Mcgregor University Of Utah Endowment Fund?
The James Mcgregor University of Utah Endowment Fund is a nonprofit entity established to provide ongoing financial assistance to the University of Utah. Its primary purpose is to support the University's mining school, with the fund's net income distributed to the institution twice a year, as decided by the responsible board or governing body. This endowment serves as a vital resource for the University, contributing to the maintenance and development of its mining education programs.
Is James Mcgregor University Of Utah Endowment Fund legitimate?
James Mcgregor University Of Utah Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. James Mcgregor University Of Utah 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of James Mcgregor University Of Utah Endowment Fund?
The James McGregor University of Utah Endowment Fund was established with the purpose of providing financial assistance to the University of Utah. Specifically, the net income from this fund is allocated semi-annually to maintain the university's mining school, as decided by the governing body. The fund's primary objective is to support the educational institution, specifically its mining program. The amount and frequency of the financial aid are determined by the board or governing body of the endowment fund. This financial support is crucial for the University of Utah to continue offering quality education in the mining field.
What is the revenue of James Mcgregor University Of Utah Endowment Fund?
James Mcgregor University Of Utah Endowment Fund's revenue in 2023 was $9,789.
Who are the executives of James Mcgregor University Of Utah Endowment Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,094
- Related: $0
- Other: $0
Where can I find the form 990EZ for James Mcgregor University Of Utah Endowment Fund?
James Mcgregor University Of Utah Endowment Fund's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of James Mcgregor University Of Utah Endowment Fund
The James McGregor University of Utah Endowment Fund is a philanthropic entity established with the primary objective of providing financial assistance to the University of Utah. The fund's mission is centered around providing a semi-annual income to the university, specifically earmarked for the maintenance of its mining school. The allocation of these funds is overseen by the fund's board or governing body, ensuring that the financial support is utilized effectively to uphold the standards and operations of the mining school at the University of Utah. The James McGregor University of Utah Endowment Fund serves as a vital source of ongoing support, contributing to the university's academic and educational endeavors in the field of mining.
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Impact
October, 2024
The James McGregor University of Utah Endowment Fund has a significant impact on the University of Utah by providing essential financial support for its mining school. The fund ensures a steady stream of resources, with net income distributed semi-annually to help maintain and enhance the educational programs and facilities associated with the mining school. This support plays a crucial role in fostering academic excellence and ensuring that students receive a quality education in the mining field. By facilitating ongoing maintenance and development, the endowment contributes to the long-term sustainability and success of the university's mining programs, ultimately benefiting students, faculty, and the broader community.
This information is meant to be a general summary of James Mcgregor University Of Utah 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 2023.
- Investment Income: $4,205
- Gross Receipts: $16,549
Assets and Liabilities:
- Total Assets: $160,229
- Total Liabilities: $0
- Net Assets: $160,229
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Organization Details
Principal Officer
First Financial Bank Na
NTEE Category
Code: B80 - Education
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