John & Minnie Oshea Fdn Iua

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

EIN: 356311797 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is John & Minnie Oshea Fdn Iua?

The John & Minnie Oshea Fdn Iua is a charitable organization, with a postal address in Cincinnati, Ohio. The foundation's primary mission is to invest its assets to generate income, which is then distributed to the named charities as per its governing document. Specifically, this income supports worthy undergraduate students by providing scholarships at Evansville College. Although not explicitly mentioned in the information, it can be inferred that the foundation aims to contribute positively to education and further the academic pursuits of deserving students.

Is John & Minnie Oshea Fdn Iua legitimate?

John & Minnie Oshea Fdn Iua is a legitimate nonprofit organization registered as a 501(c)(3) entity. John & Minnie Oshea Fdn Iua 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: $25,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of John & Minnie Oshea Fdn Iua?

The John & Minnie Oshea Fdn Iua's mission is centered around investing its trust assets to generate income. This income is then distributed to the charities named in its governing document. Specifically, the foundation has earmarked distributions to Evansville College for the purpose of providing scholarships to deserving undergraduate students at the institution. This philanthropic endeavor aims to support the education of individuals who demonstrate academic potential.

Who is the CEO of John & Minnie Oshea Fdn Iua?

Fifth Third Bank N A is the Trustee of John & Minnie Oshea Fdn Iua.

What is the revenue of John & Minnie Oshea Fdn Iua?

John & Minnie Oshea Fdn Iua's revenue in 2023 was $116,628.

Who are the executives of John & Minnie Oshea Fdn Iua and what are their salaries?


There is 1 key member and their salary:


Fifth Third Bank N A (Trustee)
  • Compensation: $25,116
  • Related: $0
  • Other: $0
Where can I find the form 990 for John & Minnie Oshea Fdn Iua?

John & Minnie Oshea Fdn Iua's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of John & Minnie Oshea Fdn Iua

The John & Minnie Oshea Foundation Iua, as per its mission statement, invests its trust assets to generate income. This income is then distributed to the charities named in the governing document. One of the specific distributions identified in the information provided is to Evansville College, which is earmarked for providing scholarships to undergraduate students who demonstrate worthiness at this institution. In essence, the Foundation's mission is to invest its resources to generate income, which is then used to support various charities and, in particular, to offer scholarships to deserving students at Evansville College.

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Impact




October, 2024

The John & Minnie Oshea Foundation makes a significant impact by investing its trust assets to generate income that supports various charitable causes. A primary focus of these distributions is on education, particularly by providing scholarships to deserving undergraduate students at Evansville College. This commitment helps alleviate the financial burden of higher education, enabling students to pursue their academic dreams and contribute positively to their communities. By prioritizing educational opportunities, the foundation fosters individual growth and encourages a cycle of support and success within the wider community.




This information is meant to be a general summary of John & Minnie Oshea Fdn Iua. 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
$116,628 (2023)
Expenses
$126,610 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $116,628
  • Gross Receipts: $1,692,943

Assets and Liabilities:

  • Total Assets: $1,548,128
  • Total Liabilities: $0
  • Net Assets: $1,548,128

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Organization Details

Founding Year

1976

Principal Officer

Fifth Third Bank N A

Main Address

PO BOX 630858, CINCINNATI, OH, 452630858

NTEE Category

Code: B82 - Education

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