Overview
What is Spring Hill College Foundation (1255000777)?
The Spring Hill College Foundation (1255000777) is a nonprofit entity, specifically an asset trust, situated in Mobile, Alabama. Its sole income beneficiary is Spring Hill College, a not-for-profit organization. The foundation's mission revolves around distributing income for the betterment of Spring Hill College. The relationship between the two entities is such that the foundation's income supports the operations and growth of Spring Hill College.
Is Spring Hill College Foundation (1255000777) legitimate?
Spring Hill College Foundation (#1255000777) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Hill College Foundation (#1255000777) 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: $1,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Spring Hill College Foundation (1255000777)?
The Spring Hill College Foundation, identified by the code 1255000777, is an asset trust with a singular income beneficiary: Spring Hill College, a non-profit organization. Its mission, in essence, is to support Spring Hill College financially. The net income generated by the foundation is distributed to benefit this educational institution. The foundation's role is essential in aiding Spring Hill College in its operations, contributing to its continued growth and success.
Who is the CEO of Spring Hill College Foundation (1255000777)?
Roger E Cole is the Trustee of Spring Hill College Foundation (#1255000777).
What is the revenue of Spring Hill College Foundation (1255000777)?
Spring Hill College Foundation (1255000777)'s revenue in 2023 was $2,439.
Who are the executives of Spring Hill College Foundation (1255000777) and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Spring Hill College Foundation (1255000777)?
Spring Hill College Foundation (1255000777)'s most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Spring Hill College Foundation (1255000777)
The Spring Hill College Foundation (1255000777) is established as an asset trust, with a singular purpose in mind. This foundation exists primarily to generate income, which is then allocated for the benefit of Spring Hill College, a renowned not-for-profit organization. Essentially, the Spring Hill College Foundation serves as a financial support system for Spring Hill College, ensuring its continued operation and growth. The income distributed by the foundation directly contributes to the well-being of Spring Hill College, thus playing a vital role in its ongoing success.
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Impact
October, 2024
Spring Hill College Foundation plays a crucial role in supporting and enhancing the mission of Spring Hill College in Mobile, Alabama. By managing an asset trust, the foundation ensures that the college receives consistent income that can be utilized for various educational initiatives, scholarships, and campus improvements. This financial support directly benefits students, faculty, and the overall educational environment, fostering academic excellence and a well-rounded college experience. The foundation's commitment underscores the importance of sustainable funding in facilitating quality education and promoting the growth and development of the college community.
This information is meant to be a general summary of Spring Hill College Foundation (1255000777). 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 2023.
- Investment Income: $2,218
- Gross Receipts: $2,818
Assets and Liabilities:
- Total Assets: $203,020
- Total Liabilities: $0
- Net Assets: $203,020
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Organization Details
Founding Year
1931
Phone
(251) 690-1411Principal Officer
Roger E Cole
Main Address
REGIONS BANK PO BOX 1628, MOBILE, AL, 36633
NTEE Category
Code: B43I - Education
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