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Richard & Katherine Ripley Educational Trust

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

EIN: 367370344 ✦ Paris, IL ✦ Designated as a 501(c)(3)

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Overview

What is Richard & Katherine Ripley Educational Trust?

The Richard & Katherine Ripley Educational Trust is a nonprofit organization that operates from a post office box in Paris, Illinois. Their primary mission is to offer scholarships to students attending Oakland High School in Oakland, Illinois, with a focus on the fields of art, science, business, or teaching. The trust aims to assist these students in achieving their academic goals, contributing to their local community. The trust's activities involve providing financial aid to deserving students, contributing to their educational growth and future success in their chosen fields.

Is Richard & Katherine Ripley Educational Trust legitimate?

Richard & Katherine Ripley Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richard & Katherine Ripley Educational 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 Richard & Katherine Ripley Educational Trust?

The Richard & Katherine Educational Trust is committed to providing scholarships for students at Oakland High School, with a focus on the fields of art, science, business, or teaching. The organization's mission is to aid these students in achieving their academic goals by offering financial assistance. The Trust's activities primarily involve making donations to support individuals in their pursuits. In summary, the Richard & Katherine Educational Trust exists to foster educational growth and opportunities for talented students in various disciplines.

What is the revenue of Richard & Katherine Ripley Educational Trust?

Richard & Katherine Ripley Educational Trust's revenue in 2024 was $7,183.

Who are the executives of Richard & Katherine Ripley Educational Trust and what are their salaries?

There 3 volunteers at Richard & Katherine Ripley Educational Trust.

Here are 2 key members and their salaries:


Tamra Inman (Senior Trust Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Vaughn (Trust Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Richard & Katherine Ripley Educational Trust?

Richard & Katherine Ripley Educational Trust's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Richard & Katherine Ripley Educational Trust

The Richard & Katherine Ripley Educational Trust is committed to providing financial assistance to students attending Oakland High School in Oakland, Illinois. This nonprofit organization's mission lies in supporting students pursuing careers in the fields of art, science, business, or teaching. By offering scholarships, the Trust aims to help these students achieve their educational goals and potentially pave the way for successful careers. The contributions made by the Trust serve as a testament to its dedication to nurturing young talent and fostering growth in various academic disciplines.

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Impact




October, 2024

The Richard & Katherine Ripley Educational Trust significantly enhances educational opportunities for students at Oakland High School in Illinois by providing scholarships specifically in the fields of art, science, business, and teaching. Through these scholarships, the trust helps empower students to pursue their academic and career goals, alleviating the financial burden associated with higher education.

The impact is multifaceted: by investing in the youth of Oakland, the trust fosters a culture of learning and ambition, encouraging students to excel in their chosen fields. The financial assistance also promotes diversity in educational pursuits, allowing students to explore creative and professional avenues that might otherwise be inaccessible. Moreover, with donations aimed at helping individuals achieve their aspirations, the trust plays a vital role in creating a supportive community environment where education is valued and accessible.

Overall, the Richard & Katherine Ripley Educational Trust not only supports individual students but also contributes to the broader community by nurturing future leaders and innovators in various disciplines.




This information is meant to be a general summary of Richard & Katherine Ripley Educational 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
$7,183 (2024)
Expenses
$2,948 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $7,183
  • Gross Receipts: $7,183

Assets and Liabilities:

  • Total Assets: $107,638
  • Total Liabilities: $0
  • Net Assets: $107,638

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Organization Details

Founding Year

2001

Principal Officer

Tamra Inman

NTEE Category

Code: T11 - Philanthropy

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