Overview
What is Oakleaf Endowment Trust For Connecticut College?
The Oakleaf Endowment Trust for Connecticut College is a nonprofit organization located in Minneapolis, Minnesota. Its primary mission is to maintain and enhance the quality of Connecticut College, providing financial assistance through grants to help cover its daily operating costs. The endowment's revenue is derived from contributions and investment income. The trust aims to establish an endowment that will preserve and enhance the quality of Connecticut College or its successor through merger or consolidation.
Is Oakleaf Endowment Trust For Connecticut College legitimate?
Oakleaf Endowment Trust For Connecticut College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakleaf Endowment Trust For Connecticut College 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
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What is the mission statement of Oakleaf Endowment Trust For Connecticut College?
The Oakleaf Endowment Trust for Connecticut College's mission is to establish an endowment aimed at preserving and enhancing the quality of Connecticut College or its successor through merger or consolidation. This endowment serves to support the daily operating costs of the college. The revenue for the endowment is derived from contributions and investment income. The trust's primary goal is to maintain and improve the quality of education at Connecticut College.
What is the revenue of Oakleaf Endowment Trust For Connecticut College?
Oakleaf Endowment Trust For Connecticut College's revenue in 2023 was $231,897.
Who are the executives of Oakleaf Endowment Trust For Connecticut College and what are their salaries?
There 5 volunteers at Oakleaf Endowment Trust For Connecticut College.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $699,100
- Other: $64,226
- Compensation: $0
- Related: $223,431
- Other: $52,238
- Compensation: $0
- Related: $211,641
- Other: $33,507
- Compensation: $0
- Related: $232,471
- Other: $39,524
- Compensation: $0
- Related: $203,337
- Other: $20,077
Where can I find the form 990 for Oakleaf Endowment Trust For Connecticut College?
Oakleaf Endowment Trust For Connecticut College's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Oakleaf Endowment Trust For Connecticut College
The Oakleaf Endowment Trust for Connecticut College is established with a mission to enhance and maintain the quality of Connecticut College or its successor through merger or consolidation. To achieve this, the trust aims to establish an endowment that will provide ongoing financial support to the college. This endowment is funded through contributions and investment income. The trust's primary role is to assist Connecticut College with its daily operating costs, thereby contributing to the overall enhancement of the college's quality.
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Impact
October, 2024
The Oakleaf Endowment Trust for Connecticut College plays a crucial role in maintaining and enhancing the quality of the educational experience at Connecticut College. Through its endowment, the Trust provides essential financial support, which directly assists with the institution's daily operating costs. This backing not only sustains existing programs but also allows for the development of new initiatives that enrich the academic environment and student life.
By generating revenue from contributions and investment income, the Trust ensures that Connecticut College can continue to thrive, fostering a vibrant learning community and maintaining high standards of education. Its mission to establish a robust endowment positions Connecticut College to adapt and grow, ensuring long-term sustainability and excellence for future generations of students.
This information is meant to be a general summary of Oakleaf Endowment Trust For Connecticut College. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $182,655
- Gross Receipts: $231,897
Assets and Liabilities:
- Total Assets: $4,550,483
- Total Liabilities: $0
- Net Assets: $4,550,483
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Organization Details
Founding Year
1997
Principal Officer
Amanda Mayfield
NTEE Category
Code: T20I - Philanthropy
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