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Bauer Charitable Trust

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

EIN: 596831771 ✦ Stuart, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bauer Charitable Trust?

The Bauer Charitable Trust is a philanthropic organization situated in Stuart, Florida. Its primary function involves providing monthly grants to three recognized nonprofit entities: the Florida Sheriffs Youth Fund, Gulfstream Council Boy Scouts of America, and the Young Men's Christian Association of Martin County. These grants are initiated from the net income of the trust. The Bauer Charitable Trust actively supports the missions of these beneficiaries, contributing to their ongoing operations and initiatives. Specifically, the trust has a partnership with the Young Men's Christian Association of Martin County and Gulfstream Council Boy Scouts of America, contributing to their respective programs and activities.


Official website here: www.seacoastnational.com

Is Bauer Charitable Trust legitimate?

Bauer Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bauer Charitable 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: $56,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.seacoastnational.com

What is the mission statement of Bauer Charitable Trust?

The Bauer Charitable Trust's mission involves providing regular grants from its net income to three recognized non-profit organizations. These beneficiaries include the Florida Sheriffs Youth Fund, Gulfstream Council Boy Scouts of America, and the Young Men's Christian Associates of Martin County. By doing so, the trust aims to support the noble causes and initiatives of these organizations, thereby contributing to their ongoing operations and impact in their respective fields. Although the information does not provide a specific mission statement, it can be inferred that the trust's mission aligns with the objectives and goals of the beneficiary organizations it supports.


Official website here: www.seacoastnational.com

Who is the CEO of Bauer Charitable Trust?

Seacoast National Bank is the Principal Officer of Bauer Charitable Trust.


Official website here: www.seacoastnational.com

What is the revenue of Bauer Charitable Trust?

Bauer Charitable Trust's revenue in 2023 was $148,507.


Official website here: www.seacoastnational.com

Who are the executives of Bauer Charitable Trust and what are their salaries?


There is 1 key member and their salary:


Seacoast National Bank (Trustee)
  • Compensation: $57,487
  • Related: $0
  • Other: $0


Official website here: www.seacoastnational.com

Where can I find the form 990 for Bauer Charitable Trust?

Bauer Charitable Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.seacoastnational.com

Learn more at the official website: www.seacoastnational.com

Mission Statement of Bauer Charitable Trust

The Bauer Charitable Trust is a philanthropic organization that focuses on providing grants to three 501(c)(3) beneficiaries, utilizing the income generated from the trust. Its monthly distributions are intended for the Florida Sheriffs Youth Fund, Gulfstream Council Boy Scouts of America, and Young Men's Christian Assoc of Martin Co. This charitable trust actively supports these three nonprofit organizations, channeling funds to contribute to their respective missions and initiatives. By providing these grants, the Bauer Charitable Trust plays a crucial role in extending its reach and impact in various social and community development projects.

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Impact




October, 2024

Bauer Charitable Trust has a significant impact through its targeted grant distributions, which support three key beneficiaries: the Florida Sheriffs Youth Fund, Gulfstream Council Boy Scouts of America, and Young Men's Christian Association of Martin County. By providing monthly financial support to these organizations, the trust enhances youth programs and community initiatives that foster development, leadership, and character building among young people.

The trust's contributions facilitate vital resources for mentoring, recreational activities, and educational initiatives, promoting a positive environment for youth engagement. Its efforts not only enrich the lives of individuals but also strengthen community ties and support local families, underscoring a commitment to philanthropy and community development in the Stuart, Florida area.




This information is meant to be a general summary of Bauer Charitable 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.

Revenue
$148,507 (2023)
Expenses
$404,790 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $146,258
  • Gross Receipts: $1,245,599

Assets and Liabilities:

  • Total Assets: $4,975,227
  • Total Liabilities: $0
  • Net Assets: $4,975,227

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Organization Details

Founding Year

2007

Principal Officer

Seacoast National Bank

Main Address

815 COLORADO AVE, STUART, FL, 34994

NTEE Category

Code: T90Z - Philanthropy

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