Overview
What is Sebastian Paul Long Testamentary Trust?
The Sebastian Paul Long Testamentary Trust is a charitable entity, established with the primary objective of supporting Eternal Word Television Network (EWTN), a nonprofit organization. EWTN operates various media platforms, including television, radio, internet, and print media, from a Catholic perspective. The trust accomplishes this by distributing 75% of its annual income earnings to EWTN. The current year's earnings, which were accumulated in 2022, were partially disbursed in 2022, with the remaining earnings set to be distributed to EWTN in 2023. The trust is based in Irondale, Alabama, at 5817 Old Leeds Road.
Is Sebastian Paul Long Testamentary Trust legitimate?
Sebastian Paul Long Testamentary Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sebastian Paul Long Testamentary 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sebastian Paul Long Testamentary Trust?
The Sebastian Paul Long Testamentary Trust was established with a purpose to support Eternal Word Television Network, Inc., a 501(C)(3) organization that operates various media networks from a Catholic perspective. The trust operates by distributing a significant portion of its annual income earnings to EWTN. The most recent earnings, accrued in 2022, were partially disbursed in the same year, with the remaining earnings scheduled for distribution to EWTN in 2023. The primary objective of the trust is to aid and strengthen EWTN's operations, thereby contributing to the dissemination of its religious and educational content.
Who is the CEO of Sebastian Paul Long Testamentary Trust?
Michael P Warsaw is the Trustee of Sebastian Paul Long Testamentary Trust.
What is the revenue of Sebastian Paul Long Testamentary Trust?
Sebastian Paul Long Testamentary Trust's revenue in 2022 was $3,339.
Who are the executives of Sebastian Paul Long Testamentary Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $344,077
- Other: $33,199
Where can I find the form 990 for Sebastian Paul Long Testamentary Trust?
Sebastian Paul Long Testamentary Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sebastian Paul Long Testamentary Trust
The Sebastian Paul Long Testamentary Trust is established to contribute to the well-being of Eternal Word Television Network, Inc. (EWTN), a nonprofit organization that delivers television, radio, internet, and print media networks from a Catholic perspective. This trust operates with the primary objective of supporting EWTN financially, distributing 75% of its annual income earnings to the beneficiary organization. The current earnings, accumulated in 2022, have been partially disbursed, with the remaining portion set to be distributed to EWTN in the following year. The trust's mission is to aid and strengthen EWTN in its mission to disseminate Catholic perspectives through various media platforms.
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Impact
October, 2024
The Sebastian Paul Long Testamentary Trust plays a significant role in supporting the Eternal Word Television Network (EWTN), a prominent platform that disseminates Catholic teachings through various media channels, including television, radio, the internet, and print. By distributing 75% of its annual income earnings to EWTN, the trust ensures a continuous flow of financial resources that enables the network to expand its outreach and enhance its programming.
In 2022, the trust accrued earnings that were partially disbursed within the same year, with the remaining funds scheduled for distribution in 2023. This regular financial support bolsters EWTN's capacity to deliver content that aligns with Catholic values and provides spiritual guidance to a global audience. Ultimately, the Sebastian Paul Long Testamentary Trust serves as a crucial pillar in EWTN's mission, fostering a robust network for the promotion of Catholic doctrine and community engagement.
This information is meant to be a general summary of Sebastian Paul Long Testamentary 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: $3,339
- Gross Receipts: $443,339
Assets and Liabilities:
- Total Assets: $1,151,218
- Total Liabilities: $2,228
- Net Assets: $1,148,990
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Organization Details
Founding Year
2000
Phone
(205) 271-2900Principal Officer
Michael P Warsaw
Main Address
5817 OLD LEEDS ROAD, IRONDALE, AL, 35210
NTEE Category
Code: T23 - Philanthropy
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