Overview
What is Laurel Crest Endowment Trust?
Laurel Crest Endowment Trust is a charitable organization situated in Columbia, South Carolina, specifically at 1324 Marion Street. Their primary purpose is to offer financial aid to residents of Laurel Crest Retirement Community who encounter difficulties in meeting their monthly fees, allowing them to continue residing in the community. This support aligns with their mission to uphold and bolster the work of FPCRC Inc, which plays a crucial role in the ministry of the First Presbyterian Church.
Is Laurel Crest Endowment Trust legitimate?
Laurel Crest Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Crest Endowment 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.
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Other Salaries and Wages: $0
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What is the mission statement of Laurel Crest Endowment Trust?
The Laurel Crest Endowment Trust's mission is centered around supporting FPCRC Inc, an organization that aids in the ministry of the First Presbyterian Church. In particular, the trust provides financial assistance to residents of Laurel Crest Retirement Community who encounter difficulties in meeting their monthly fees to maintain their residency. This support allows these individuals to continue living in the community, ensuring they can continue their daily lives without undue financial strain.
Who is the CEO of Laurel Crest Endowment Trust?
James A Herlong is the Treasurer of Laurel Crest Endowment Trust.
What is the revenue of Laurel Crest Endowment Trust?
Laurel Crest Endowment Trust's revenue in 2021 was $148,655.
Who are the executives of Laurel Crest Endowment Trust and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Laurel Crest Endowment Trust?
Laurel Crest Endowment Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Laurel Crest Endowment Trust
Laurel Crest Endowment Trust is an organization dedicated to supporting FPCRC Inc, which in turn aids in the ministry of First Presbyterian Church. In a more specific context, this endowment trust provides financial assistance to residents of Laurel Crest Retirement Community who face challenges in meeting their monthly fee obligations, thereby enabling them to continue residing in the community. By doing so, Laurel Crest Endowment Trust contributes to the well-being and continuity of its community members, demonstrating its commitment to supporting FPCRC Inc and its mission associated with the First Presbyterian Church.
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Impact
October, 2024
Laurel Crest Endowment Trust plays a vital role in supporting the well-being of residents at Laurel Crest Retirement Community. By providing financial assistance to those facing challenges in covering their monthly fees, the trust ensures that individuals can remain in a community that offers critical services and a sense of belonging. This support is not only crucial for the residents but also enhances the overall mission of FPCRC Inc and the ministry of First Presbyterian Church, promoting a compassionate and sustainable environment for seniors. Located in Columbia, SC, the trust's impact extends beyond financial aid; it fosters a spirit of community and care among its beneficiaries, reflecting the values of religion and service inherent in its mission.
This information is meant to be a general summary of Laurel Crest Endowment 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $148,655
- Gross Receipts: $252,157
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1993
Principal Officer
James A Herlong
Main Address
1324 Marion Street, Columbia, SC, 29201
NTEE Category
Code: X11 - Religion related
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