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Fowler Memorial Trust

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

EIN: 476136928 ✦ Fremont, NE ✦ Designated as a 501(c)(3)

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Overview

What is Fowler Memorial Trust?

The Fowler Memorial Trust is a nonprofit organization situated in Fremont, NE. Its primary mission is to support the musical activities of the First United Methodist Church of Fremont NE. The trust's role involves managing and allocating funds for music-related expenditures within the church. While the information does not provide details about its overall purpose or reach, it is clear that the Fowler Memorial Trust plays a significant role in the musical aspect of the First United Methodist Church.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

Fowler Memorial Trust has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance practices. The overall score is based solely on its Accountability & Finance beacon, where it achieved a score of 73%. The charity has shown strong performance in several areas, including having a fully independent board and maintaining an excellent liabilities to assets ratio.

However, the trust also has notable limitations. It has not provided key governance documents such as a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which are critical for transparency and accountability. Additionally, the charity is missing the required tax form website listing, indicating potential areas for improvement in its operational transparency.

Overall, while Fowler Memorial Trust demonstrates solid financial practices and governance, the absence of essential policies may raise concerns for potential donors seeking comprehensive accountability in nonprofit organizations.


This AI summary has been generated from information found on Charity Navigator.

Is Fowler Memorial Trust legitimate?

Fowler Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fowler Memorial 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: $25,008

For more financial information, click here

What is the mission statement of Fowler Memorial Trust?

The Fowler Memorial Trust is dedicated to managing the financial aspects of music-related activities for a specific organization, namely the First United Methodist Church in Fremont, Nebraska. Their role primarily involves allocating funds for musical expenditures within this church. However, the mission statement explicitly provided in the data is not available.

Who is the CEO of Fowler Memorial Trust?

Wayne Larson is the Chairman of Fowler Memorial Trust.

What is the revenue of Fowler Memorial Trust?

Fowler Memorial Trust's revenue in 2022 was $29,068.

Who are the executives of Fowler Memorial Trust and what are their salaries?


Here are 4 key members and their salaries:


Jill Hartman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Larson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Pannier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fowler Memorial Trust?

Fowler Memorial Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fowler Memorial Trust

The Fowler Memorial Trust is an organization that focuses on financing music-related expenses for the First United Methodist Church of Fremont NE. By supporting this religious institution, the Trust contributes to the musical activities that enrich the worship services and spiritual experiences of its congregation in Fremont, NE. The ultimate goal of the Fowler Memorial Trust is to facilitate the church's musical activities, ensuring a harmonious and spiritually uplifting environment for its members.

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Impact




October, 2024

Fowler Memorial Trust significantly enhances the musical experience at the First United Methodist Church of Fremont, Nebraska, by funding essential music expenditures. This support allows for the integration of diverse musical programs, enriching worship services and community events. The trust helps ensure that high-quality music contributes to the spiritual atmosphere of the church, fostering a vibrant community engagement and cultural enrichment that resonates through the local area. By prioritizing music, Fowler Memorial Trust not only uplifts the congregation but also strengthens the community's cultural fabric.




This information is meant to be a general summary of Fowler Memorial 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
$29,068 (2022)
Expenses
$37,822 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,068
  • Gross Receipts: $267,479

Assets and Liabilities:

  • Total Assets: $891,033
  • Total Liabilities: $0
  • Net Assets: $891,033

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Organization Details

Founding Year

1984

Principal Officer

Wayne Larson

Main Address

815 N BROAD ST, FREMONT, NE, 68025

NTEE Category

Code: T20P - Philanthropy

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