William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund

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

EIN: 626118624 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

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Overview

What is William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund?

The William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund is an endowment established to financially aid Johnson University, a religious institution of higher learning that was established by the Church of Christ. This trust was created by Johnson University itself, using funds received through a bequest, for the purpose of managing its finances. The primary mission of the trust is to provide financial support to Johnson University, ensuring its continued operation and growth.

Is William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund legitimate?

William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust 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: $38,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund?

The William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund's primary mission is to provide financial assistance to Johnson University, a religious institution of higher learning established by the Church of Christ. This trust was established as a result of a bequest received by the college, and its purpose is to manage funds for the sole benefit of supporting Johnson University. The trust's activities primarily involve providing financial support to the university.

Who is the CEO of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund?

Pinnacle Bank Trustee Sh is the Principal Officer of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund.

What is the revenue of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund?

William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund's revenue in 2022 was $745,155.

Who are the executives of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund and what are their salaries?


There is 1 key member and their salary:


Pinnacle Bank Trustee (Trustee)
  • Compensation: $38,561
  • Related: $0
  • Other: $0
Where can I find the form 990 for William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund?

William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund

The William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund is a charitable entity with a singular mission: to support Johnson University, a prestigious institution of higher learning established by the Church of Christ. This trust was thoughtfully established by Johnson University for the purpose of managing financial resources, following a substantial bequest it received. The primary role of the trust is to provide monetary assistance to this religious educational institution, thereby contributing to its ongoing operation and growth.

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Impact




October, 2024

The William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust Fund significantly impacts Johnson University by providing essential financial support that enhances the institution's educational offerings and operational stability. Established from a bequest, this trust fund is dedicated exclusively to fostering the mission of Johnson University, a respected religious institution founded by the Church of Christ.

Through the trust's resources, students and programs at Johnson University benefit from improved facilities, scholarships, and academic initiatives that align with the institution's commitment to high-quality education infused with Christian values. This funding is pivotal in ensuring the university remains accessible and continues to thrive, ultimately shaping the future leaders and disciples of the faith. As a result, the trust plays a crucial role in sustaining and advancing the university's mission within the community and beyond.




This information is meant to be a general summary of William S & Mrs Ws Hughes Johnson Bible College Perpetual Trust 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
$745,155 (2022)
Expenses
$276,546 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $657,758
  • Gross Receipts: $6,026,361

Assets and Liabilities:

  • Total Assets: $6,175,523
  • Total Liabilities: $0
  • Net Assets: $6,175,523

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Organization Details

Founding Year

1974

Principal Officer

Pinnacle Bank Trustee Sh

Main Address

1111 NORTHSHORE DR S800, KNOXVILLE, TN, 37919

NTEE Category

Code: B43 - Education

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