Edgar W Freeman Charitable Trust

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

EIN: 416225766 ✦ Yankton, SD ✦ Designated as a 501(c)(3)

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Overview

What is Edgar W Freeman Charitable Trust?

The Edgar W. Freeman Charitable Trust, established in 1980, is a philanthropic organization based in Yankton, South Dakota. Its primary focus is to support or sustain business school professorships at the University of South Dakota. The trust was established with the explicit purpose of making distributions to uphold educational positions within the university's business school, thereby contributing to academic growth and knowledge dissemination in the field.

Is Edgar W Freeman Charitable Trust legitimate?

Edgar W Freeman Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgar W Freeman Charitable 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: $37,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Edgar W Freeman Charitable Trust?

The Edgar W. Freeman Charitable Trust, established in 1980, is primarily focused on making distributions to support or maintain professorships at the University of South Dakota. This philanthropic organization has designated a portion of its trust to specifically assist in maintaining business school professorships at the same university. The primary objective of the trust is to contribute to the academic community, specifically in the field of professorships, thereby fostering educational growth and development at the University of South Dakota.

Who is the CEO of Edgar W Freeman Charitable Trust?

First Dakota National Bank is the Trustee of Edgar W Freeman Charitable Trust.

What is the revenue of Edgar W Freeman Charitable Trust?

Edgar W Freeman Charitable Trust's revenue in 2022 was $319,606.

Who are the executives of Edgar W Freeman Charitable Trust and what are their salaries?

There 4 volunteers at Edgar W Freeman Charitable Trust.


Here are 5 key members and their salaries:


First Dakota National Bank (Trustee)
  • Compensation: $37,400
  • Related: $0
  • Other: $0
John Dudley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Gestring (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Ridgway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Yockey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edgar W Freeman Charitable Trust?

Edgar W Freeman Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Edgar W Freeman Charitable Trust

The Edgar W. Freeman Charitable Trust, established in 1980, is a philanthropic organization with a specific mission. This mission is centered around supporting or maintaining professorships at the University of South Dakota. More precisely, the trust has a segment dedicated to upholding or sustaining business school professorships at this esteemed educational institution. By providing financial assistance to these academic positions, the Edgar W. Freeman Charitable Trust aims to contribute to the University of South Dakota's academic excellence and advancement in the field of business education.

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Impact




October, 2024

Edgar W. Freeman Charitable Trust significantly enhances the academic landscape at the University of South Dakota by providing essential funding for business school professorships. Established on January 2, 1980, this trust aims to strengthen educational opportunities and promote excellence in business education. By supporting these professorships, the trust plays a crucial role in attracting and retaining high-caliber faculty, thereby enriching the learning experience for students. Through its dedicated efforts, the trust contributes to the advancement of knowledge and professional skills within the business academic community in South Dakota.




This information is meant to be a general summary of Edgar W Freeman Charitable 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
$319,606 (2022)
Expenses
$318,647 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $319,606
  • Gross Receipts: $1,938,609

Assets and Liabilities:

  • Total Assets: $6,509,734
  • Total Liabilities: $0
  • Net Assets: $6,509,734

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Organization Details

Founding Year

1980

Principal Officer

First Dakota National Bank

Main Address

225 CEDAR STREET PO BOX 156, YANKTON, SD, 57078

NTEE Category

Code: T00 - Philanthropy

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