Overview
What is Og Beckfrueh-Beck Memorial Trust F0195400?
The Og Beckfrueh-Beck Memorial Trust F0195400 is a charitable trust established according to the will of Og Beck. Based in San Antonio, Texas, the trust's primary mission is to distribute its income for educational purposes. Texas Lutheran University, an educational institution, has been the beneficiary of these distributions. The trust is overseen by Frost Bank as the sole trustee, ensuring the trust's assets are managed and distributed in line with Og Beck's wishes.
Is Og Beckfrueh-Beck Memorial Trust F0195400 legitimate?
Og Beckfrueh-Beck Memorial Trust F0195400 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Og Beckfrueh-Beck Memorial Trust F0195400 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: $66,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Og Beckfrueh-Beck Memorial Trust F0195400?
The Og Beckfrueh-Beck Memorial Trust F0195400, as per its trust agreement, was established through the will of Og Beck. The primary objective of this trust is to distribute its net income for educational purposes. The trust serves as a benefactor, providing financial support to Texas Lutheran University, an institution solely dedicated to educational pursuits. The mission of the trust is to contribute to educational advancements through its financial distributions. The Frost Bank serves as the sole trustee, ensuring the trust's funds are managed and distributed according to its stipulations.
Who is the CEO of Og Beckfrueh-Beck Memorial Trust F0195400?
Debbie Broemsen is the Trustee of Og Beckfrueh-Beck Memorial Trust F0195400.
What is the revenue of Og Beckfrueh-Beck Memorial Trust F0195400?
Og Beckfrueh-Beck Memorial Trust F0195400's revenue in 2022 was $637,789.
Who are the executives of Og Beckfrueh-Beck Memorial Trust F0195400 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $66,284
- Related: $0
- Other: $0
Where can I find the form 990 for Og Beckfrueh-Beck Memorial Trust F0195400?
Og Beckfrueh-Beck Memorial Trust F0195400's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Og Beckfrueh-Beck Memorial Trust F0195400
Og Beckfrueh-Beck Memorial Trust F0195400 was established through the will of Og Beck. In accordance with this will, the trust's mission is to distribute the net income to Texas Lutheran University for educational purposes. As the sole trustee, Frost Bank oversees the distribution of funds. The trust agreement dictates that all distributions have been made to Texas Lutheran University, an institution established solely for educational purposes. The trust's primary objective is to support the educational endeavors of Texas Lutheran University, ensuring the continuation of educational opportunities and advancements.
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Impact
October, 2024
Og Beckfrueh-Beck Memorial Trust F0195400 significantly enhances educational opportunities at Texas Lutheran University through its dedicated funding. Established by the will of Og Beck, the trust ensures that the net income generated is allocated exclusively for educational purposes at the university. This financial support helps to bolster various academic programs, scholarships, and other resources that enrich the learning experience for students.
As a result, students at Texas Lutheran University benefit from increased access to educational materials, facilities, and extracurricular activities, contributing to their overall development and success. The trust's consistent contributions promote a vibrant educational environment, aiding the university in achieving its mission to provide quality education. Through these efforts, the trust plays a crucial role in shaping the educational landscape within the community and fostering future generations of learners.
This information is meant to be a general summary of Og Beckfrueh-Beck Memorial Trust F0195400. 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: $637,789
- Gross Receipts: $2,514,406
Assets and Liabilities:
- Total Assets: $6,551,385
- Total Liabilities: $0
- Net Assets: $6,551,385
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Organization Details
Founding Year
1970
Principal Officer
Debbie Broemsen
Main Address
P O BOX 2950 TAX DEPT FLOOR 5, SAN ANTONIO, TX, 782992950
NTEE Category
Code: B42I - Education
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