Overview
What is Baltimore Propeller Club Charitable Trust Inc?
Baltimore Propeller Club Charitable Trust Inc is a nonprofit organization committed to channeling resources towards other charitable organizations that hold a 501(c)(3) tax-exempt status. By offering grants, the organization supports the missions and activities of these organizations, thereby extending its reach and impact in various social sectors. The Trust's primary objective is to contribute to the broader charitable community by providing financial assistance to eligible organizations.
Is Baltimore Propeller Club Charitable Trust Inc legitimate?
Baltimore Propeller Club Charitable Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Propeller Club Charitable Trust Inc 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.
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What is the mission statement of Baltimore Propeller Club Charitable Trust Inc?
Baltimore Propeller Club Charitable Trust Inc's primary mission is to offer grants to organizations that fall under the exempt category of Internal Revenue Code Section 501(c)(3). By providing financial assistance to these eligible entities, the organization contributes to their charitable activities and initiatives. This philanthropic approach aims to support various causes and communities, ultimately promoting social welfare and community development. The organization's focus on grant provision allows it to contribute to the broader charitable sector, fostering a ripple effect of positive change.
Who is the CEO of Baltimore Propeller Club Charitable Trust Inc?
Brian Greenbaum is the Treasurer of Baltimore Propeller Club Charitable Trust Inc.
What is the revenue of Baltimore Propeller Club Charitable Trust Inc?
Baltimore Propeller Club Charitable Trust Inc's revenue in 2022 was $262,248.
Who are the executives of Baltimore Propeller Club Charitable Trust Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Baltimore Propeller Club Charitable Trust Inc?
Baltimore Propeller Club Charitable Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Baltimore Propeller Club Charitable Trust Inc
Baltimore Propeller Club Charitable Trust Inc, as per its mission, is committed to providing financial assistance to other nonprofit organizations that fall under the exempt category of Internal Revenue Code Section 501(c)(3). This means that the organization donates to charities that have been recognized by the Internal Revenue Service as being tax-exempt. By doing so, Baltimore Propeller Club Charitable Trust Inc contributes to the wider charitable sector, helping these organizations fulfill their own missions and serve their respective communities. The organization's primary activity is centered around grant-making, using its resources to support other charitable organizations that align with its exempt purpose.
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Impact
October, 2024
Baltimore Propeller Club Charitable Trust Inc significantly impacts the community by providing financial support to a range of organizations dedicated to educational and charitable causes. By distributing grants exclusively to entities recognized as 501(c)(3) organizations, it amplifies the efforts of established nonprofits, enabling them to pursue their missions effectively. This collaborative approach fosters growth and innovation within the educational sector, while also supporting broader charitable initiatives in the Baltimore area. The Trust's commitment to uplifting other organizations enriches the community's resources and enhances opportunities for individuals seeking education and support.
This information is meant to be a general summary of Baltimore Propeller Club Charitable Trust Inc. 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: $703
- Gross Receipts: $262,248
Assets and Liabilities:
- Total Assets: $262,971
- Total Liabilities: $0
- Net Assets: $262,971
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Organization Details
Founding Year
1985
Phone
(410) 342-6610Principal Officer
Brian Greenbaum
Main Address
3720 DILLON ST, BALTIMORE, MD, 21224
NTEE Category
Code: B82 - Education
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