Overview
What is Anna K Meredith Endowment Trust?
The Anna K Meredith Endowment Trust is a nonprofit entity that serves as a financial resource for the Edmundson Art Foundation. Established through Anna K. Meredith's will, the trust receives income from 50,000 shares of stock donated by the Meredith Corporation. This income is then distributed to support the operations and initiatives of the Edmundson Art Foundation. The Anna K Meredith Endowment Trust plays a vital role in upholding the mission of the Edmundson Art Foundation, contributing to its overall financial stability and enabling its continued work in the field.
Is Anna K Meredith Endowment Trust legitimate?
Anna K Meredith Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anna K Meredith Endowment 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Anna K Meredith Endowment Trust?
The Anna K Meredith Endowment Trust supports the Edmundson Art Foundation financially, providing funds through the distribution of its income. This financial backing is a result of 50,000 shares of stock from the Meredith Corporation that were bequeathed to the trust due to Anna K. Meredith's will. The primary objective of the Anna K Meredith Endowment Trust is to sustain the operations and initiatives of the Edmundson Art Foundation, thereby contributing to the promotion and advancement of art-related activities. The trust does not have a stated mission beyond its role as a financial benefactor to the Edmundson Art Foundation.
Who is the CEO of Anna K Meredith Endowment Trust?
Bankers Trust is the Trustee of Anna K Meredith Endowment Trust.
What is the revenue of Anna K Meredith Endowment Trust?
Anna K Meredith Endowment Trust's revenue in 2022 was $2,487,379.
Who are the executives of Anna K Meredith Endowment Trust and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $182,308
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Anna K Meredith Endowment Trust?
Anna K Meredith Endowment Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anna K Meredith Endowment Trust
The Anna K. Meredith Endowment Trust is a philanthropic entity that plays a crucial role in funding the Edmundson Art Foundation. This support is made possible through the distribution of the foundation's income, which was made viable by the endowment of 50,000 shares of stock from the Meredith Corporation, a significant legacy left by Anna K. Meredith in her will. The Anna K. Meredith Endowment Trust's mission is to invest in the Edmundson Art Foundation, providing it with the financial resources it needs to fulfill its objectives and contribute to the arts community. The trust ensures the continuity of the Edmundson Art Foundation's work by regularly distributing its earnings, thereby enabling the foundation to pursue its artistic goals and make a meaningful impact in the world of art.
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Impact
October, 2024
The Anna K Meredith Endowment Trust significantly impacts the arts community by providing essential funding to the Edmundson Art Foundation. Through the income generated from 50,000 shares of stock from the Meredith Corporation, the Trust ensures financial support for various artistic initiatives and programs. This generous endowment enables the Edmundson Art Foundation to promote creativity, engage the public, and foster appreciation for the arts in Des Moines, Iowa, and beyond. By leveraging the legacy of Anna K. Meredith, the Trust actively supports the cultural landscape and enriches the community through artistic endeavors.
This information is meant to be a general summary of Anna K Meredith Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,487,379
- Gross Receipts: $13,940,350
Assets and Liabilities:
- Total Assets: $55,824,249
- Total Liabilities: $0
- Net Assets: $55,824,249
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Organization Details
Founding Year
1981
Phone
(800) 362-1688Principal Officer
Bankers Trust
Main Address
453 7TH STREET, DES MOINES, IA, 50309
NTEE Category
Code: A110 - Arts
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