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Maud T Greenberg Tr Uw Fbo All Saints

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

EIN: 726091571 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Maud T Greenberg Tr Uw Fbo All Saints?

Maud T Greenberg Trust UW FBO All Saints is a nonprofit entity, specifically a type of fund, located in New Orleans, Louisiana. According to its mission, the trust distributes all its income to All Saints Episcopal Church in accordance with a will. This income serves a dual purpose: it aids the church and also funds scholarships. The trust's main activity revolves around fulfilling these financial obligations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 60% (Two-Star out of Four Star rating)

The Maud T Greenberg Trust for the benefit of All Saints has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its accountability and finance practices. The overall score primarily reflects a single beacon score related to accountability and finance. While it showcases a solid program expense ratio of 71.04%, which implies that a significant portion of its funds is directed toward its programs, there are notable deficiencies in governance practices.

Strengths of the organization include having a majority independent board, which is a positive indicator of governance. However, the organization faces challenges, particularly in missing key policies and documentation, such as a conflict of interest policy, whistleblower policy, and proper board meeting minutes. Additionally, the nonprofit's website lacks critical information, such as the Tax Form, which detracts from transparency.

Overall, while the Maud T Greenberg Trust demonstrates a commitment to its programmatic goals, the lack of essential policies and documentation raises questions about its governance and transparency. Potential donors are advised to consider these factors when evaluating their contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Maud T Greenberg Tr Uw Fbo All Saints legitimate?

Maud T Greenberg Tr Uw Fbo All Saints is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maud T Greenberg Tr Uw Fbo All Saints 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: $11,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Maud T Greenberg Tr Uw Fbo All Saints?

Maud T Greenberg Trust, as per the instructions of its will, funds both the All Saints Episcopal Church and provides scholarships. The income from this trust is evenly distributed between these two purposes. The assistance provided to the church helps in its operations, while the scholarships aim to support individuals with their education.

In simpler terms, the Maud T Greenberg Trust, as outlined in its will, provides financial aid to the All Saints Episcopal Church and funds scholarships. The church benefits from the income, which contributes to its daily operations. On the other hand, the scholarships aim to assist individuals in their educational pursuits.

Who is the CEO of Maud T Greenberg Tr Uw Fbo All Saints?

Hancock Whitney Bank is the Trustee of Maud T Greenberg Tr Uw Fbo All Saints.

What is the revenue of Maud T Greenberg Tr Uw Fbo All Saints?

Maud T Greenberg Tr Uw Fbo All Saints's revenue in 2022 was $26,250.

Who are the executives of Maud T Greenberg Tr Uw Fbo All Saints and what are their salaries?


There is 1 key member and their salary:


Hancock Whitney Bank (Trustee)
  • Compensation: $11,568
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maud T Greenberg Tr Uw Fbo All Saints?

Maud T Greenberg Tr Uw Fbo All Saints's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Maud T Greenberg Tr Uw Fbo All Saints

Maud T Greenberg Trust UW FBO All Saints, as per its will, distributes its net income in equal parts to provide assistance to All Saints Episcopal Church and fund scholarships. This charitable trust's mission is multifaceted, supporting both the religious institution and the educational pursuits of individuals. The income generated by the trust is allocated to aid All Saints Episcopal Church, contributing to its overall functioning and operations. Simultaneously, the trust also sets aside funds for scholarships, offering financial assistance to deserving individuals seeking higher education. By doing so, Maud T Greenberg Trust UW FBO All Saints contributes to the broader community, supporting both religious and educational causes.

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Impact




August, 2024

Maud T Greenberg Tr Uw Fbo All Saints has a significant impact as it provides funds to All Saints Episcopal Church according to the terms of the will. This income helps support the church in its activities and also contributes to funding scholarships. By fulfilling these financial obligations, Maud T Greenberg Tr Uw Fbo All Saints plays a vital role in supporting the mission and outreach of All Saints Episcopal Church in New Orleans, LA.




This information is meant to be a general summary of Maud T Greenberg Tr Uw Fbo All Saints. 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
$26,250 (2022)
Expenses
$45,911 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,250
  • Gross Receipts: $291,553

Assets and Liabilities:

  • Total Assets: $829,492
  • Total Liabilities: $0
  • Net Assets: $829,492

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Organization Details

Founding Year

1977

Principal Officer

Hancock Whitney Bank

Main Address

701 POYDRAS STREET STE 3100, NEW ORLEANS, LA, 701397727

NTEE Category

Code: X11 - Religion related

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