Overview
What is Wg And Jb Manson Charitable Tr?
Wg And Jb Manson Charitable Trust is a nonprofit organization located in Oakland Park, Florida. The primary mission of this trust is to provide support to charitable and educational organizations, as outlined in its trust document. Specifically, it contributes to Huggins Hospital and Wolfeboro Children's Center, both located in Wolfeboro, New Hampshire, and grants annual educational scholarships to high school students in New Jersey. The trust's annual income is utilized in several ways; a portion is allocated as scholarships, while the remaining half is donated to the aforementioned organizations. The trust's generosity has resulted in the distribution of 2,500 scholarships in the past, although no scholarships were granted in the year 2022.
Is Wg And Jb Manson Charitable Tr legitimate?
Wg And Jb Manson Charitable Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wg And Jb Manson Charitable Tr 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: $80,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Wg And Jb Manson Charitable Tr?
The Wg And Jb Manson Charitable Trust's mission is to offer support to charitable and educational organizations. Specifically, it focuses on two primary beneficiaries: Huggins Hospital and the WolfeBoro Area Children's Center, both located in Wolfeboro, New Hampshire. The trust also provides annual educational scholarships to high school students in New Jersey. Each year, a portion of the net income is allocated for these scholarships, with a specific amount granted to each trust. Additionally, half of the remaining net income is donated to Huggins Hospital and the WolfeBoro Children's Center, Inc. for their operations. In 2022, no scholarships were awarded due to certain conditions.
Who is the CEO of Wg And Jb Manson Charitable Tr?
Richard J Jagusztyn is the Trustee of Wg And Jb Manson Charitable Tr.
What is the revenue of Wg And Jb Manson Charitable Tr?
Wg And Jb Manson Charitable Tr's revenue in 2022 was $427,293.
Who are the executives of Wg And Jb Manson Charitable Tr and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $40,374
- Related: $0
- Other: $0
- Compensation: $40,374
- Related: $0
- Other: $0
Where can I find the form 990 for Wg And Jb Manson Charitable Tr?
Wg And Jb Manson Charitable Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wg And Jb Manson Charitable Tr
W.G. and J.B. Manson Charitable Trust is a philanthropic organization with a mission to support charitable and educational organizations. Specifically, it focuses on providing aid to Huggins Hospital and the Wolfeboro Area Children's Center, both located in New Hampshire. Additionally, the trust grants annual educational scholarships to students at high schools in New Jersey. Each year, a portion of the trust's net income is allocated for these purposes. In 2022, 2,500 scholarships were planned, but none were granted. The remaining half of the net income is contributed to Huggins Hospital and the Wolfeboro Children's Center, Inc., furthering their missions and services.
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Impact
October, 2024
Wg And Jb Manson Charitable Tr provides significant support to charitable and educational organizations, focusing on institutions such as Huggins Hospital and the Wolfeboro Children’s Center in New Hampshire. Through its financial contributions, the trust aims to enhance educational opportunities by offering scholarships, although there was no scholarship granted in 2022. Each year, the trust allocates a set amount specifically for these educational initiatives, reflecting a commitment to student advancement. The organization also emphasizes community health by directing a portion of its resources to local healthcare facilities, thereby supporting both educational and health-related services in the region.
This information is meant to be a general summary of Wg And Jb Manson Charitable Tr. 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: $427,293
- Gross Receipts: $2,606,638
Assets and Liabilities:
- Total Assets: $11,133,340
- Total Liabilities: $169,022
- Net Assets: $10,964,318
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Organization Details
Founding Year
2014
Phone
(954) 491-1065Principal Officer
Richard J Jagusztyn
Main Address
701 EAST COMMERCIAL BLVD 200, OAKLAND PARK, FL, 333343392
NTEE Category
Code: T50 - Philanthropy
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