Overview
What is Bolton College Trust?
Bolton College Trust is a nonprofit organization situated in Memphis, Tennessee, specifically at 6000 Poplar Avenue 400. Its primary mission is to support Bolton High School and provide four-year college scholarships to its graduating seniors. The trust allocates funds to various educational institutions, including Austin Peay, Murray State University, Rhodes College, Tennessee State University, and the University of Memphis, amounting to a total of $16,500. Through these scholarships, the trust aims to empower students and contribute to their higher education.
Is Bolton College Trust legitimate?
Bolton College Trust is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bolton College 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: $39,276
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What is the mission statement of Bolton College Trust?
The Bolton College Trust's mission is centered around providing support to a specific high school and offering four-year college scholarships to its graduating seniors. This organization aims to empower students by providing them with the financial means to pursue higher education at reputable institutions such as Austin Peay, Murray State University, Rhodes College, Tennessee State University, and the University of Memphis. The total scholarship amount provided by the trust annually reaches a substantial figure, contributing significantly to the educational pursuits of these students.
Who is the CEO of Bolton College Trust?
Truist Bank is the Principal Officer of Bolton College Trust.
What is the revenue of Bolton College Trust?
Bolton College Trust's revenue in 2022 was $504,267.
Who are the executives of Bolton College Trust and what are their salaries?
Here are 8 key members and their salaries:
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- Compensation: $39,276
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Where can I find the form 990 for Bolton College Trust?
Bolton College Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bolton College Trust
Bolton College Trust, as a nonprofit organization, is dedicated to supporting Bolton High School and offering four-year college scholarships to graduating seniors. By providing these scholarships, the trust aims to empower students by giving them the opportunity to pursue higher education at reputable institutions such as Austin Peay, Murray State University, Rhodes College, Tennessee State University, and the University of Memphis. With a total scholarship fund of 16,500 dollars, Bolton College Trust is committed to making a significant impact on the lives of its beneficiaries, helping them to advance their education and potentially shape their futures.
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Impact
October, 2024
Bolton College Trust significantly impacts the educational landscape at Bolton High School by providing essential support and financial resources for students. Through its scholarship program, the trust offers four-year college scholarships to graduating seniors, enabling them to pursue higher education and achieve their academic goals.
In recent initiatives, scholarships totaling $16,500 have been distributed among various institutions, including Austin Peay, Murray State University, Rhodes College, Tennessee State University, and the University of Memphis. This financial assistance not only helps alleviate the burden of tuition fees but also opens doors to a brighter future for students who may otherwise face barriers to higher education.
By empowering students with the necessary support and scholarships, Bolton College Trust plays a crucial role in fostering educational attainment and promoting opportunities for personal and professional growth within the Memphis community.
This information is meant to be a general summary of Bolton College 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: $403,591
- Gross Receipts: $2,126,541
Assets and Liabilities:
- Total Assets: $3,790,771
- Total Liabilities: $0
- Net Assets: $3,790,771
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Organization Details
Founding Year
1969
Phone
(615) 748-5011Principal Officer
Truist Bank
Main Address
6000 POPLAR AVENUE 400, MEMPHIS, TN, 381193955
NTEE Category
Code: B82 - Education
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