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The Joseph C Bancroft Charitable And Educational Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582340181 ✦ Mccomb, MS ✦ Designated as a 501(c)(3)

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Overview

What is The Joseph C Bancroft Charitable And Educational Fund?

The Joseph C Bancroft Charitable and Educational Fund is a philanthropic organization, primarily dedicated to supporting charitable and educational institutions. With a focus on its specified beneficiary, the Croft Institute for International Studies, this fund contributes significantly to the institute's operational costs. Situated at the University of Mississippi, the Croft Institute encourages the exploration of various international aspects, such as cultures, businesses, languages, politics, and other affairs. Its primary objective is to prepare students for a future characterized by global interdependence among nations, businesses, and societal institutions. The Joseph C Bancroft Charitable and Educational Fund also extends its support to other eligible charitable and educational Section 501(C)(3) organizations, aligned with the exempt charitable and educational purposes of the Croft Institute.

Is The Joseph C Bancroft Charitable And Educational Fund legitimate?

The Joseph C Bancroft Charitable And Educational Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Joseph C Bancroft Charitable And Educational Fund 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: $752,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Joseph C Bancroft Charitable And Educational Fund?

The Joseph C Bancroft Charitable and Educational Fund supports charitable and educational organizations. Its primary objective is to aid its specified publicly supported Section 501(C)(3) beneficiary, the Croft Institute for International Studies, and other similar charitable and educational Section 501(C)(3) organizations. The fund contributes a substantial portion of the costs to operate the Croft Institute, which is a 501(C)3 organization. The Croft Institute's mission is to promote the study of international cultures, businesses, languages, politics, and other affairs. It achieves this goal through its affiliation with the University of Mississippi, preparing students for a future of global interdependence among nations, businesses, and other societal institutions.

Who is the CEO of The Joseph C Bancroft Charitable And Educational Fund?

Gerald M Abdalla is the Director of The Joseph C Bancroft Charitable And Educational Fund.

What is the revenue of The Joseph C Bancroft Charitable And Educational Fund?

The Joseph C Bancroft Charitable And Educational Fund's revenue in 2022 was $6,181,563.

Who are the executives of The Joseph C Bancroft Charitable And Educational Fund and what are their salaries?


Here are 4 key members and their salaries:


Robert M Bird (Director)
  • Compensation: $141,250
  • Related: $0
  • Other: $0
Tom A Abdalla (Director, Sec & Treas)
  • Compensation: $141,250
  • Related: $0
  • Other: $0
Gerald M Abdalla Jr (Director)
  • Compensation: $328,750
  • Related: $0
  • Other: $0
Gerald M Abdalla (President, Director)
  • Compensation: $141,250
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Joseph C Bancroft Charitable And Educational Fund?

The Joseph C Bancroft Charitable And Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Joseph C Bancroft Charitable And Educational Fund

The Joseph C. Bancroft Charitable and Educational Fund is committed to supporting charitable and educational organizations. Its primary mission is to aid its specified publicly supported Section 501(c)(3) beneficiary, the Croft Institute for International Studies, as well as other charitable and educational Section 501(c)(3) organizations. The fund contributes a substantial portion of the cost to operate the Croft Institute, an organization that promotes the study of international cultures, businesses, languages, politics, and other affairs. The institute, affiliated with the University of Mississippi, strives to prepare students for a future of global interdependence among nations, businesses, and other societal institutions. Its principal objective is to foster an understanding of international relations, thereby fostering a more interconnected and harmonious world.

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Impact




October, 2024

The Joseph C Bancroft Charitable And Educational Fund has a significant impact on the educational landscape by financially supporting the Croft Institute for International Studies at the University of Mississippi. This fund plays a critical role in covering a substantial portion of the institute's operational costs, enabling it to thrive as a hub for the study of international cultures, languages, politics, and global affairs.

By doing so, the fund helps prepare students for a future characterized by global interdependence, fostering a deeper understanding of the diverse societal institutions that shape our world. The Croft Institute's mission aligns closely with the fund's objectives, as both are dedicated to enhancing educational opportunities that emphasize the importance of international studies. This collaborative effort not only enriches student experiences but also contributes to a more informed and engaged citizenry equipped to navigate complex global challenges.




This information is meant to be a general summary of The Joseph C Bancroft Charitable And Educational Fund. 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.

Revenue
$6,181,563 (2022)
Expenses
$4,434,870 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,954,541
  • Gross Receipts: $6,181,563

Assets and Liabilities:

  • Total Assets: $193,902,263
  • Total Liabilities: $16,751,747
  • Net Assets: $177,150,516

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Organization Details

Founding Year

1997

Principal Officer

Gerald M Abdalla

Main Address

PO BOX 826, MCCOMB, MS, 396490826

NTEE Category

Code: T900 - Philanthropy

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