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The Wolters Charitable Trust 51548

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

EIN: 476243624 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Wolters Charitable Trust 51548?

The Wolters Charitable Trust #51548, situated in San Antonio, Texas, is a nonprofit organization established according to the will of Ethel Wolters. Its primary mission is to provide support to charitable organizations as outlined in Ethel Wolters' will, specifically encompassing the First United Methodist Church and the City of Shiner. The trust is managed by a trustee who adheres to the trust instrument to fulfill its primary exempt purpose.

Is The Wolters Charitable Trust 51548 legitimate?

The Wolters Charitable Trust #51548 is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wolters Charitable Trust #51548 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: $20,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Wolters Charitable Trust 51548?

The Wolters Charitable Trust 51548 is dedicated to supporting charitable organizations as outlined in the will of Ethel Wolters. Following the stipulations of the trust instrument, this organization provides aid to the specified charities, encompassing the First United Methodist Church and City of Shiner. The primary objective of the trust is to fulfill its exempt purpose, which is to offer support to these chosen charities. By adhering to its mission, the trust contributes to the betterment of various charitable causes, upholding the intentions of its founder.

Who is the CEO of The Wolters Charitable Trust 51548?

Debbie Broemsen is the Debbie Broemsen, Administrator of The Wolters Charitable Trust #51548.

What is the revenue of The Wolters Charitable Trust 51548?

The Wolters Charitable Trust 51548's revenue in 2023 was $284,149.

Who are the executives of The Wolters Charitable Trust 51548 and what are their salaries?


There is 1 key member and their salary:


Frost Bank Trustee (Debbie Broemsen, Administrator)
  • Compensation: $26,137
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Wolters Charitable Trust 51548?

The Wolters Charitable Trust 51548's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Wolters Charitable Trust 51548

The Wolters Charitable Trust 51548, in adherence to Ethel Wolters' will, dedicates its primary exempt purpose to providing support to specified charitable organizations. This organization, following the trust instrument, carries out its mission by backing charitable entities such as the First United Methodist Church and the City of Shiner. The trust's activities aim to sustain and strengthen these organizations, contributing to their respective causes and upholding the philanthropic vision of its founder, Ethel Wolters.

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Impact




October, 2024

The Wolters Charitable Trust 51548 makes a significant impact by supporting charitable organizations as designated in the will of Ethel Wolters. By focusing its resources on entities like the First United Methodist Church and the City of Shiner, the trust fosters community development and supports various programs that benefit local residents. Located in San Antonio, TX, the trust adheres closely to the directives laid out in the trust instrument, ensuring that its contributions address the needs of the specified organizations. This targeted support not only enhances the capacity of these charities to serve but also strengthens the community ties they foster. Overall, the trust plays a crucial role in facilitating philanthropy that uplifts and enriches the lives of individuals in the areas it serves.




This information is meant to be a general summary of The Wolters Charitable Trust 51548. 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
$284,149 (2023)
Expenses
$176,151 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $156,354
  • Gross Receipts: $714,496

Assets and Liabilities:

  • Total Assets: $2,957,739
  • Total Liabilities: $0
  • Net Assets: $2,957,739

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Organization Details

Founding Year

2002

Principal Officer

Debbie Broemsen

Main Address

C/O FROST BANK PO DRAWER 2950, SAN ANTONIO, TX, 782992950

NTEE Category

Code: T20 - Philanthropy

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