Overview
What is Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn?
Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn is a nonprofit entity based in Clarksburg, WV. Its primary function involves managing trust assets to generate investment income. This income is specifically earmarked for the benefit of the Clarksburg-Harrison Public Library, serving to procure books and publications for the library's collection. The fund releases the net income generated semi-annually to the library for this purpose, ensuring a continuous provision of resources for the community's literary needs.
Is Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn legitimate?
Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn 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: $0
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What is the mission statement of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn?
Stanley Clemans Fund, under the management of Melvin G. Sperry and C. David Mcmunn, is dedicated to investing trust assets in a manner that generates income. This income is then utilized primarily for the purchase of books and publications, benefiting a public library. The fund allocates the generated income semi-annually towards this purpose. In essence, the Stanley Clemans Fund aims to support and enrich the literary resources of a public library by investing strategically and providing regular financial assistance.
Who is the CEO of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn?
James C Turner is the Trustee of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn.
What is the revenue of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn?
Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn's revenue in 2022 was $255,219.
Who are the executives of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn?
Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn
The Stanley Clemans Fund UW Melvin G Sperry, under the care of C. David McMunn, is dedicated to a noble mission. This charitable organization invests its trust assets in a strategic manner, with the primary objective of generating investment income. The income generated is then allocated semi-annually to benefit the Clarksburg-Harrison Public Library. This allocation is specifically intended for the purchase of books and publications. By doing so, the Stanley Clemans Fund UW Melvin G Sperry C/O C David McMunn plays a significant role in enriching the library's collection and contributing to the educational and informational needs of its community. The fund's mission is a testament to its commitment to literacy and knowledge, ensuring that the Clarksburg-Harrison Public Library continues to serve its patrons effectively.
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Impact
October, 2024
The Stanley Clemans Fund Uw Melvin G Sperry significantly enhances the resources available to the Clarksburg-Harrison Public Library. By strategically investing trust assets, the fund generates investment income that is allocated specifically for the purchase of books and publications. This not only enriches the library's collection but also promotes literacy and educational opportunities within the community. The semi-annual distributions ensure a consistent influx of new materials, fostering an environment where patrons can engage with a diverse range of literature and information. Ultimately, the fund contributes to the cultural and intellectual development of the Clarksburg-Harrison area, making a lasting impact on its residents.
This information is meant to be a general summary of Stanley Clemans Fund Uw Melvin G Sperry C/O C David Mcmunn. 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: $255,219
- Gross Receipts: $331,537
Assets and Liabilities:
- Total Assets: $1,856,220
- Total Liabilities: $0
- Net Assets: $1,856,220
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Organization Details
Founding Year
1961
Phone
(304) 626-1123Principal Officer
James C Turner
Main Address
PO BOX 1997, CLARKSBURG, WV, 26302
NTEE Category
Code: T30 - Philanthropy
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