Overview
What is Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company?
Mildred A Eckstrom Memorial Fund, in association with Heartland Bank and Trust Company, is a charitable and educational organization located in Normal, Illinois. Established with the purpose of providing financial aid, the fund offers college scholarships to graduates of Princeton High School in Princeton, Illinois, with a specific interest in commercial studies. The organization's mission is to support the educational aspirations of local students, contributing to their future success in the business sector.
Is Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company legitimate?
Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company 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: $5,845
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company?
The Mildred A Eckstrom Memorial Fund, managed by Heartland Bank And Trust Company, is primarily focused on providing college scholarships. This philanthropic organization specifically targets graduates of Princeton High School in Illinois. The scholarship recipients are selected based on their interest in the commercial curriculum. The organization's activities are primarily geared towards charitable and educational purposes, using its trust income to fund these scholarships. The mission of the Mildred A Eckstrom Memorial Fund is to support the higher education of talented individuals with a passion for commerce. The scholarships aim to empower these students, providing them with the opportunity to pursue their academic goals and careers in the commercial field.
Who is the CEO of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company?
Heartland Bank Trust Co is the Principal Officer of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company.
What is the revenue of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company?
Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company's revenue in 2022 was -$1,748.
Who are the executives of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,845
- Related: $0
- Other: $0
Where can I find the form 990 for Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company?
Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company
The Mildred A. Eckstrom Memorial Fund, an organization dedicated to charitable and educational purposes, is committed to providing college scholarships for graduates of Princeton High School in Princeton, Illinois. Specifically, the fund focuses on supporting students whose interests lie in the commercial curriculum. This philanthropic organization utilizes its trust income to grant these scholarships, aiming to contribute to the higher education of deserving students in the commercial field.
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Impact
October, 2024
The Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company actively contributes to the educational landscape by providing college scholarships specifically for graduates of Princeton High School in Princeton, Illinois. This initiative is focused on benefiting students who have a vested interest in the commercial curriculum, thereby fostering their higher education pursuits in relevant fields.
By utilizing trust income for scholarship distribution, the Fund not only alleviates the financial burdens of college for these students but also encourages academic achievement and vocational training in commercial disciplines. This commitment enhances the educational opportunities available to young individuals in the community, empowering them to achieve their academic and career aspirations. The impact is substantial, cultivating a local culture of financial literacy and proficiency in commercial practices that can benefit both the graduates and the broader community.
This information is meant to be a general summary of Mildred A Eckstrom Memorial Fund C/O Heartland Bank And Trust Company. 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: -$1,748
- Gross Receipts: $1,234,474
Assets and Liabilities:
- Total Assets: $509,250
- Total Liabilities: $0
- Net Assets: $509,250
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Organization Details
Founding Year
2015
Phone
(309) 662-4444Principal Officer
Heartland Bank Trust Co
Main Address
200 W COLLEGE AVE, NORMAL, IL, 61761
NTEE Category
Code: T90 - Philanthropy
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