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Francis T Smith Endowment Trust Truist Trust Division Trustee

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

EIN: 383766498 ✦ Greenville, SC ✦ Designated as a 501(c)(3)

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Overview

What is Francis T Smith Endowment Trust Truist Trust Division Trustee?

Francis T Smith Endowment Trust, a division of Truist Trust, is a charitable organization located in Greenville, South Carolina. Its primary mission is to provide financial assistance to Christ Church Episcopal School through direct cash grants as a 501(c)(3) supporting organization. The trust is headquartered at 2 W Washington St, Greenville, SC 29601. Its purpose is aligned with the educational mission of Christ Church Episcopal School, located on Cavalier Drive, Greenville South Carolina, to contribute positively to the local community.

Is Francis T Smith Endowment Trust Truist Trust Division Trustee legitimate?

Francis T Smith Endowment Trust Truist Trust Division Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Francis T Smith Endowment Trust Truist Trust Division Trustee 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: $21,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Francis T Smith Endowment Trust Truist Trust Division Trustee?

The Francis T Smith Endowment Trust, under the Trustee division of Truist, serves as a supporting organization with a mission to provide financial assistance to a specific 501(c)(3) organization, in this case, Christ Church Episcopal School. The primary objective of this trust is to offer direct financial aid to this educational institution, thereby contributing to its ongoing operations and initiatives. While the mission statement does not explicitly mention promoting education or community development, it can be inferred that the primary purpose of the Francis T Smith Endowment Trust is to support the educational endeavors of Christ Church Episcopal School.

Who is the CEO of Francis T Smith Endowment Trust Truist Trust Division Trustee?

Truist Bank is the Principal Officer of Francis T Smith Endowment Trust Truist Trust Division Trustee.

What is the revenue of Francis T Smith Endowment Trust Truist Trust Division Trustee?

Francis T Smith Endowment Trust Truist Trust Division Trustee's revenue in 2022 was $282,716.

Who are the executives of Francis T Smith Endowment Trust Truist Trust Division Trustee and what are their salaries?


There is 1 key member and their salary:


Truist Bank (Corporate Fiduciary/Truste)
  • Compensation: $0
  • Related: $0
  • Other: $21,384
Where can I find the form 990 for Francis T Smith Endowment Trust Truist Trust Division Trustee?

Francis T Smith Endowment Trust Truist Trust Division Trustee's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Francis T Smith Endowment Trust Truist Trust Division Trustee

The Francis T Smith Endowment Trust, a supporting organization under the Trustee division of Truist, is dedicated to providing financial assistance to Christ Church Episcopal School. This mission is in line with the organization's status as a 509(A)(3) supporting organization, which signifies its close relationship with the 501(c)(3) entity, Christ Church Episcopal School located in Greenville, South Carolina. The Francis T Smith Endowment Trust's role is to extend financial aid to this educational institution through direct cash grants. This support aims to contribute positively to the operations and growth of Christ Church Episcopal School.

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Impact




October, 2024

The Francis T Smith Endowment Trust Truist Trust Division Trustee plays a significant role in providing financial support to the Christ Church Episcopal School in Greenville, South Carolina. Through direct cash grants, this trust enhances the educational opportunities and resources available to students at the school, helping to foster a rich learning environment.

By operating as a supporting organization, it ensures that the mission of Christ Church Episcopal School is upheld and that the institution can continue to offer quality education aligned with its values. This financial assistance allows the school to invest in various programs, facilities, and scholarships, ultimately contributing to the development of well-rounded students and strengthening the community's educational framework.

The impact of this endowment trust extends beyond mere financial contributions; it embodies a commitment to education and philanthropy that is essential for nurturing future generations and enhancing the overall quality of education in the region.




This information is meant to be a general summary of Francis T Smith Endowment Trust Truist Trust Division Trustee. 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
$282,716 (2022)
Expenses
$304,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $281,558
  • Gross Receipts: $347,395

Assets and Liabilities:

  • Total Assets: $3,700,707
  • Total Liabilities: $0
  • Net Assets: $3,700,707

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Organization Details

Founding Year

2008

Principal Officer

Truist Bank

Main Address

2 W Washington St, Greenville, SC, 29601

NTEE Category

Code: T20 - Philanthropy

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