Overview
What is Cowles Ruth & Andrew Char F0108601?
Cowles Ruth & Andrew Char F0108601 is a charitable trust established by Ruth and Andrew Cowles. With Frost Bank serving as the institutional trustee, the trust adheres to the Cowles' intentions as outlined in its governing document. The primary beneficiaries of this trust are three recognized 501(c)3 organizations, including Madison Square Presbyterian Church and United Way of San Antonio. The trust operates in San Antonio, Texas, and its purpose is to support these charitable organizations by carrying out the Cowles' intended directions.
Is Cowles Ruth & Andrew Char F0108601 legitimate?
Cowles Ruth & Andrew Char F0108601 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cowles Ruth & Andrew Char F0108601 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: $167,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cowles Ruth & Andrew Char F0108601?
The organization, Cowles Ruth & Andrew Char F0108601, as per the instructions of its institutional trustee, Frost Bank, aims to support three named charitable organizations that qualify as 501(c)3 organizations. The intent and directions provided in the governing document of the trust are carried out by Frost Bank, with the goal of benefiting these organizations. However, as the provided information does not contain specific details about the mission statements of the beneficiary organizations, it is unavailable to provide a summary of their objectives.
Who is the CEO of Cowles Ruth & Andrew Char F0108601?
Debbie Broemsen is the Trustee of Cowles Ruth & Andrew Char F0108601.
What is the revenue of Cowles Ruth & Andrew Char F0108601?
Cowles Ruth & Andrew Char F0108601's revenue in 2022 was $2,181,866.
Who are the executives of Cowles Ruth & Andrew Char F0108601 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $167,233
- Related: $0
- Other: $0
Where can I find the form 990 for Cowles Ruth & Andrew Char F0108601?
Cowles Ruth & Andrew Char F0108601's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cowles Ruth & Andrew Char F0108601
Cowles Ruth & Andrew Char F0108601, as per its governing document, is directed and carried out by Frost Bank. This charitable trust was established through the wills of Ruth Cowles and Andrew Cowles, with the purpose of benefiting three qualified 501(c)3 organizations. The mission of Cowles Ruth & Andrew Char F0108601, therefore, lies in supporting and furthering the objectives of these three charitable organizations, contributing to their causes and initiatives. The specific nature and focus of these beneficiary organizations are not provided in the information provided, but it can be inferred that the trust is committed to supporting organizations that fall under the 501(c)3 category, which typically includes religious, educational, charitable, scientific, literary, testing for public safety, to foster national or international amateur sports competition, and prevention of cruelty to children or animals.
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Impact
October, 2024
Cowles Ruth & Andrew Char F0108601 significantly impacts the San Antonio community by supporting charitable organizations dedicated to improving social welfare. Managed by Frost Bank as the institutional trustee, the trust channels resources towards three specific beneficiaries, enhancing their capacity to serve local needs.
Through its contributions, the trust plays a vital role in sustaining the programs of Madison Square Presbyterian Church, which fosters community spirit and offers various services to residents. Additionally, the trust supports the United Way of San Antonio, an organization that addresses critical issues such as poverty, education, and health.
By aligning its efforts with these established nonprofits, Cowles Ruth & Andrew Char amplifies their missions, ensuring that effective support reaches those who need it most. The trust’s targeted philanthropy exemplifies a strategic approach to charitable giving, focused on long-lasting community benefits.
This information is meant to be a general summary of Cowles Ruth & Andrew Char F0108601. 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: $885,337
- Gross Receipts: $7,940,967
Assets and Liabilities:
- Total Assets: $20,895,041
- Total Liabilities: $0
- Net Assets: $20,895,041
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Organization Details
Founding Year
1967
Phone
(210) 220-4623Principal Officer
Debbie Broemsen
Main Address
P O BOX 2950 TAX DEPT FLOOR 5, SAN ANTONIO, TX, 782992950
NTEE Category
Code: T00 - Philanthropy
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