Overview
What is Piedmont Education Trust?
Piedmont Education Trust is a nonprofit organization committed to enhancing the educational standards within its local community. Their mission encompasses two primary objectives: promoting a superior educational environment for the local school system and offering financial aid to senior students aiming to further their education through higher degrees. To accomplish this, they grant scholarships to deserving graduating seniors and provide financial assistance to teachers through grants within the Piedmont city school. By investing in both students and educators, Piedmont Education Trust aims to foster a thriving educational ecosystem.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Piedmont Education Trust has received a mixed evaluation, achieving a 73% score primarily due to its strengths in governance and financial health. The organization boasts a fully independent board and a favorable liabilities to assets ratio of 0.00%, indicating solid financial management. Its program expense ratio of 82.27% shows a strong commitment to directing funds toward its educational programs.
However, there are notable gaps in the Trust's accountability practices. The absence of key policies such as a conflict of interest policy and a whistleblower policy raises concerns about transparency and ethical standards. Additionally, the failure to post tax forms on the nonprofit's website may hinder public trust and accessibility of information for potential donors and stakeholders. Overall, while the organization demonstrates financial stability, it has opportunities for improvement in governance and policy documentation.
This AI summary has been generated from information found on Charity Navigator.
Is Piedmont Education Trust legitimate?
Piedmont Education Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piedmont Education 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.
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What is the mission statement of Piedmont Education Trust?
The Piedmont Education Trust is committed to enhancing the quality of education within the local school system. One of its primary objectives is to provide financial aid to senior students who are pursuing higher education degrees. In addition to this, the trust also offers teacher grants within the Piedmont city school system. Essentially, its mission is to support educational excellence and help deserving students further their academic careers.
Who is the CEO of Piedmont Education Trust?
Jane Gowens is the Board Member of Piedmont Education Trust.
What is the revenue of Piedmont Education Trust?
Piedmont Education Trust's revenue in 2022 was $111,307.
Who are the executives of Piedmont Education Trust and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Piedmont Education Trust?
Piedmont Education Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Piedmont Education Trust
Piedmont Education Trust, a nonprofit organization, is dedicated to enhancing the quality of education within the local school system and offering financial aid to senior students pursuing higher education degrees. The primary mission of this organization is twofold: to promote educational excellence at the local level and to support financially the academic pursuits of deserving senior students seeking higher education. Through its initiatives, Piedmont Education Trust awards college scholarships to graduating seniors and grants to teachers within the Piedmont city school system, thereby contributing to the overall development of the local educational landscape.
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Impact
October, 2024
Piedmont Education Trust significantly enhances the educational landscape of the local school system by focusing on two main areas: providing financial assistance to graduating seniors and supporting educators. Through the awarding of college scholarships, the Trust enables senior students to pursue higher education, thereby fostering academic growth and career opportunities. In addition, it grants resources to teachers, which bolsters the quality of instruction and learning within the Piedmont city school. This dual approach not only empowers students in their educational journeys but also creates a supportive environment for educators, ultimately contributing to a higher standard of education in the community.
This information is meant to be a general summary of Piedmont Education 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: $34,474
- Gross Receipts: $111,307
Assets and Liabilities:
- Total Assets: $1,029,147
- Total Liabilities: $0
- Net Assets: $1,029,147
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Organization Details
Founding Year
1992
Phone
(256) 447-8831Principal Officer
Jane Gowens
Main Address
502 HOOD ST, PIEDMONT, AL, 36272
NTEE Category
Code: B20I - Education
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