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Taylor Char Trust

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

EIN: 383692424 ✦ Pennington, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Taylor Char Trust?

The Taylor Char Trust is a nonprofit organization situated in Pennington, New Jersey. It is dedicated to making a positive impact in the community through its commitments to education and medical causes. Their initiatives encompass various programs, such as Masonic charity to assist those in need and a Presbyterian home to cater to the needs of senior citizens. The organization's reach extends beyond just these services, demonstrating a comprehensive approach to community support.

Is Taylor Char Trust legitimate?

Taylor Char Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylor Char 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: $58,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Taylor Char Trust?

The Taylor Char Trust is dedicated to serving both educational and medical sectors. The organization implements programs that extend beyond just these two areas, incorporating Masonic charity to assist the community and providing a Presbyterian home for senior care. In essence, the Taylor Char Trust aims to contribute positively to various aspects of social welfare, focusing on education, healthcare, and community support.

Who is the CEO of Taylor Char Trust?

Bank Of America is the Trustee of Taylor Char Trust.

What is the revenue of Taylor Char Trust?

Taylor Char Trust's revenue in 2023 was $231,457.

Who are the executives of Taylor Char Trust and what are their salaries?


There is 1 key member and their salary:


Bank Of America (Trustee)
  • Compensation: $58,915
  • Related: $0
  • Other: $0
Where can I find the form 990 for Taylor Char Trust?

Taylor Char Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Taylor Char Trust

The Taylor Char Trust is an organization dedicated to making a positive impact in the realms of education and medicine. Their mission involves extending support to various initiatives, incorporating Masonic charity to uplift the community and providing a Presbyterian home for the welfare of senior citizens. This nonprofit entity aims to contribute to the betterment of society by addressing both educational and medical needs, thereby enhancing the lives of those in need.

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Impact




October, 2024

The Taylor Char Trust plays a significant role in enhancing educational and medical opportunities within the community. By funding programs that focus on these key areas, the Trust addresses both immediate needs and long-term development, ensuring that individuals have access to essential resources and support.

One of its notable contributions is the aid provided through Masonic charity, which not only assists those in need but fosters a sense of community and solidarity among residents. Furthermore, the establishment of a Presbyterian home for seniors showcases the Trust's commitment to supporting the elderly population, offering them dignified housing and care.

Located in Pennington, NJ, the Taylor Char Trust effectively bridges gaps in education and healthcare, positively impacting the lives of community members and laying a foundation for a healthier, more educated future.




This information is meant to be a general summary of Taylor Char 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
$231,457 (2023)
Expenses
$335,882 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $231,457
  • Gross Receipts: $983,400

Assets and Liabilities:

  • Total Assets: $3,344,409
  • Total Liabilities: $0
  • Net Assets: $3,344,409

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Organization Details

Founding Year

1996

Principal Officer

Bank Of America

Main Address

PO BOX 1532, PENNINGTON, NJ, 08534

NTEE Category

Code: L12 - Housing

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