Aurene Norton Trust

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

EIN: 376124411 ✦ Champaign, IL ✦ Designated as a 501(c)(3)

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Overview

What is Aurene Norton Trust?

The Aurene Norton Trust is a nonprofit organization that adheres to a specific trust document, directing funds to the University of Illinois. Their primary role is to sponsor visiting lecturers specializing in agricultural marketing and contribute to the upkeep of an endowed chair in this field, known as the Laurence J. Norton Chair. This commitment to agricultural marketing education benefits the University of Illinois and contributes to the advancement of knowledge in this field.

Is Aurene Norton Trust legitimate?

Aurene Norton Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aurene Norton 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: $37,410
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Aurene Norton Trust?

The Aurene Norton Trust, as per its directive, allocates funds to the University of Illinois. These funds are primarily utilized for inviting visiting lecturers in the domain of agricultural marketing and for supporting an endowment for a chair in the same field. The objective of this trust is to contribute to the academic community, specifically in the field of agricultural marketing, by providing knowledge through visiting lecturers and maintaining a chair position for this specialized subject matter.

Who is the CEO of Aurene Norton Trust?

Melissa Hendricks is the Principal Officer of Aurene Norton Trust.

What is the revenue of Aurene Norton Trust?

Aurene Norton Trust's revenue in 2022 was $62,323.

Who are the executives of Aurene Norton Trust and what are their salaries?


There is 1 key member and their salary:


Busey Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aurene Norton Trust?

Aurene Norton Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aurene Norton Trust

The Aurene Norton Trust, as per its directive, allocates funds to the University of Illinois with a specific purpose. This includes financing visiting lecturers in the field of agricultural marketing and supporting an endowment for a chair in the same discipline. By doing so, the trust aims to contribute significantly to the academic community, fostering in-depth knowledge and expertise in agricultural marketing. The University of Illinois Laurence J. Norton Chair, a program under the trust's umbrella, further strengthens this commitment to advancing education and research in this particular field.

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Impact




October, 2024

The Aurene Norton Trust significantly enhances the academic landscape in agricultural marketing by providing financial support for visiting lecturers and maintaining an endowment for the Laurence J. Norton Chair at the University of Illinois. By facilitating the presence of esteemed experts in the field, it enriches the educational experience for students and faculty alike, fostering a deeper understanding of agricultural marketing principles and practices. This initiative not only strengthens the university's curriculum but also promotes innovation and thought leadership in an essential sector of the economy, ensuring that future professionals are well-equipped to address contemporary challenges in agricultural marketing.




This information is meant to be a general summary of Aurene Norton 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
$62,323 (2022)
Expenses
$174,884 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62,323
  • Gross Receipts: $454,461

Assets and Liabilities:

  • Total Assets: $2,107,599
  • Total Liabilities: $0
  • Net Assets: $2,107,599

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Organization Details

Founding Year

1972

Principal Officer

Melissa Hendricks

Main Address

PO BOX 260, CHAMPAIGN, IL, 618240260

NTEE Category

Code: B82 - Education

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