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3C Corporation

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

EIN: 412046529 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is 3C Corporation?

3C Corporation is a nonprofit organization with a primary mission to manage certain investment assets on behalf of Yale University. Acting as a supporting organization, 3C Corporation plays a crucial role in maintaining parts of Yale University's endowment portfolio, specifically by holding specific investment properties. This partnership allows Yale University to leverage 3C Corporation's expertise in managing these assets, contributing to the overall financial stability and growth of the esteemed educational institution.

Is 3C Corporation legitimate?

3C Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 3C Corporation 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 3C Corporation?

3C Corporation serves as a supporting organization, primarily dedicated to maintaining certain investment assets on behalf of Yale University. Its primary mission is to manage and safeguard a portion of Yale University's endowment, ensuring the financial stability and growth of the university's resources. The corporation's role is essential in supporting Yale University's academic and research initiatives, contributing to its overall success and continued development. By holding and managing investment assets, 3C Corporation plays a crucial role in sustaining the university's long-term financial health.

Who is the CEO of 3C Corporation?

Unavailable

What is the revenue of 3C Corporation?

3C Corporation's revenue in 2022 was $2,339,477.

Who are the executives of 3C Corporation and what are their salaries?


Here are 5 key members and their salaries:


Alexander C Banker (Vp, Treasurer & Director)
  • Compensation: $0
  • Related: $1,280,537
  • Other: $314,595
Matthew St Mendelsohn (President & Director)
  • Compensation: $0
  • Related: $1,236,196
  • Other: $951,569
Stephen C Murphy (Secretary & Director)
  • Compensation: $0
  • Related: $542,757
  • Other: $81,764
David F Swensen (Former President & Director)
  • Compensation: $0
  • Related: $6,646,375
  • Other: $43,054
Dean J Takahashi (Former Vp, Treasurer & Director)
  • Compensation: $0
  • Related: $357,443
  • Other: $48,026
Where can I find the form 990 for 3C Corporation?

3C Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 3C Corporation

3C Corporation, as a supporting organization, is dedicated to serving a unique role by holding certain investment assets on behalf of Yale University. Its primary mission is to safeguard and manage these investment properties, contributing to the endowment of the renowned educational institution. By fulfilling this role, 3C Corporation plays a crucial part in supporting Yale University's financial wellbeing, thereby indirectly contributing to its academic and research endeavors. The corporation's activities are centered around managing and preserving these investment assets, ensuring their optimal utilization for Yale University's benefit.

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Impact




October, 2024

3C Corporation plays a critical role in the financial management of Yale University's endowment by holding specific investment assets. This function supports the university's broader financial health and stability, allowing Yale to allocate resources effectively for educational initiatives, research, and various campus improvements. The corporation's activities ensure that the university can maintain and grow its assets, ultimately benefiting students, faculty, and the academic community. By managing these investment properties, 3C Corporation contributes to the sustainability and longevity of Yale's mission in education. Its activities in New Haven, Connecticut, reinforce the economic and educational landscape of the area, reflecting a commitment to preserving and enhancing the university’s legacy and impact.




This information is meant to be a general summary of 3C Corporation. 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
$2,339,477 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,339,477
  • Gross Receipts: $2,339,477

Assets and Liabilities:

  • Total Assets: $12,816,356
  • Total Liabilities: $0
  • Net Assets: $12,816,356

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Organization Details

Founding Year

2002

Main Address

C/O Yale Univ Tax PO Box 208239, New Haven, CT, 065208239

NTEE Category

Code: B114 - Education

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