Overview
What is Hill Center Endowment?
The Hill Center Endowment is a charitable organization situated in Orlando, Florida, with a primary objective to offer financial support. Specifically, it pays out a maximum of 6.5% of its market value annually to the Hill Learning Development Center in Durham, North Carolina. This funding serves to sustain programs that benefit the center, ultimately advancing its mission and goals. The endowment's purpose is to ensure the center's continued growth and success, thereby contributing positively to the community in Durham, North Carolina.
Is Hill Center Endowment legitimate?
Hill Center Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hill Center Endowment 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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Executive Compensation: $15,185
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What is the mission statement of Hill Center Endowment?
The Hill Center Endowment's mission is to contribute financially to the Hill Learning Development Center in Durham, North Carolina. Specifically, up to 6.5% of the market value of the trust is allocated annually to support the center's programs. The primary purpose of the endowment is to provide funds for initiatives that enhance the center's operations and benefits. Located in Orlando, FL, the endowment serves as a vital source of financial support for the Hill Learning Development Center.
Who is the CEO of Hill Center Endowment?
Truist Bank is the Trustee of Hill Center Endowment.
What is the revenue of Hill Center Endowment?
Hill Center Endowment's revenue in 2022 was $100,464.
Who are the executives of Hill Center Endowment and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Hill Center Endowment?
Hill Center Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hill Center Endowment
Hill Center Endowment is a funding entity that contributes a portion of its resources to support the Hill Learning Development Center in Durham, North Carolina. Specifically, up to 6.5% of the market value of the trust is allocated for this purpose. The endowment's primary mission is to provide financial assistance to programs that benefit the Hill Learning Development Center, thereby contributing to its overall operations and growth. This mission is carried out from its base in Orlando, Florida.
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Impact
October, 2024
Hill Center Endowment has a significant impact by providing crucial financial support to the Hill Learning Development Center in Durham, North Carolina. By allocating up to 6.5% of the market value of its trust, the endowment ensures ongoing funding for various educational programs and initiatives at the center. This financial assistance enhances the center's capacity to deliver essential services, improve educational outcomes, and empower learners, particularly those facing challenges in their academic journeys. The endowment's support plays a vital role in fostering a conducive learning environment and advancing educational opportunities within the community.
This information is meant to be a general summary of Hill Center Endowment. 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: $100,464
- Gross Receipts: $1,901,515
Assets and Liabilities:
- Total Assets: $2,538,338
- Total Liabilities: $0
- Net Assets: $2,538,338
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Organization Details
Founding Year
1985
Phone
(404) 724-3644Principal Officer
Truist Bank
Main Address
PO BOX 919798, ORLANDO, FL, 328919798
NTEE Category
Code: B110 - Education
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