Overview
What is Youth Growth Stock Trust?
Youth Growth Stock Trust is a nonprofit organization based in Fayetteville, North Carolina. Their primary mission is to contribute directly to other 501C(3) organizations or local schools, both public and private, to support the youth of Cumberland County. This support can take the form of grants or gifts, aiming to enhance the opportunities and well-being of the youth in this region.
Is Youth Growth Stock Trust legitimate?
Youth Growth Stock Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth Growth Stock 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.
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 Youth Growth Stock Trust?
The Youth Growth Stock Trust's mission is focused on providing financial assistance to various 501C(3) organizations and local schools, serving both the public and private sectors, with the primary goal of aiding the youth within Cumberland County. Through grant distributions and charitable gifts, this trust aims to support the educational and developmental needs of the young population in its jurisdiction. The organization's activities are reflected in its contributions, as detailed in the schedule of recipient organizations.
Who is the CEO of Youth Growth Stock Trust?
Stuart Walters is the Administrator of Youth Growth Stock Trust.
What is the revenue of Youth Growth Stock Trust?
Youth Growth Stock Trust's revenue in 2022 was $366,069.
Who are the executives of Youth Growth Stock Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Youth Growth Stock Trust?
Youth Growth Stock Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Youth Growth Stock Trust
Youth Growth Stock Trust is an organization that focuses on providing assistance to the youth in Cumberland County. Their mission, as stated, is to distribute grants or gifts to various 501C(3) organizations and local schools, both public and private, with the primary aim of aiding the youth in the area. Through direct contributions to these chosen organizations, Youth Growth Stock Trust seeks to make a significant impact on the lives of young individuals in Cumberland County. The specific activities and initiatives undertaken by this nonprofit are detailed in their schedule of donee organizations.
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Impact
October, 2024
Youth Growth Stock Trust significantly impacts the youth of Cumberland County by providing much-needed grants and gifts to various 501(c)(3) organizations and local schools, both public and private. This financial support enhances educational programs, extracurricular activities, and resources that directly benefit young people in the community. By targeting contributions to specific organizations outlined in their schedule of donee organizations, the Trust ensures that its assistance goes directly where it is needed most, fostering a positive development environment for the youth. This approach not only aids in immediate educational and developmental needs but also strengthens the overall community by investing in its future leaders.
This information is meant to be a general summary of Youth Growth Stock 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 2022.
- Investment Income: $366,069
- Gross Receipts: $366,069
Assets and Liabilities:
- Total Assets: $6,145,925
- Total Liabilities: $0
- Net Assets: $6,145,925
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Organization Details
Founding Year
1992
Phone
(910) 323-3377Principal Officer
Stuart Walters
Main Address
PO BOX 303, FAYETTEVILLE, NC, 28302
NTEE Category
Code: T00 - Philanthropy
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