Magnolia Cemetery Perpetual Fund H10040

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

EIN: 746293048 ✦ San antonio, TX ✦ Designated as a 501(c)(13)

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Overview

What is Magnolia Cemetery Perpetual Fund H10040?

Magnolia Cemetery Perpetual Fund H10040 is a charitable trust, managed by Frost Bank, established with the purpose of aiding the Magnolia Cemetery Corporation. This tax-exempt organization is committed to assisting in the upkeep and enhancement of the Magnolia Cemetery. The trust's activities are guided by the intentions and directives outlined in its governing document. While the information provided does not detail specific initiatives or projects, it is clear that the fund's primary role is to support the Magnolia Cemetery Corporation in its mission to maintain and improve the cemetery.

Is Magnolia Cemetery Perpetual Fund H10040 legitimate?

Magnolia Cemetery Perpetual Fund H10040 is a legitimate nonprofit organization registered as a 501(c)(13) entity. Magnolia Cemetery Perpetual Fund H10040 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: $14,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Magnolia Cemetery Perpetual Fund H10040?

The Magnolia Cemetery Perpetual Fund H10040, managed by Frost Bank, is established with the intention to aid the Magnolia Cemetery Corporation, a tax-exempt organization. The primary objective of this charitable trust is to support the cemetery in maintaining and improving its facilities. This fund serves as a means to ensure the upkeep and enhancement of the Magnolia Cemetery, preserving its historical and cultural significance for future generations. By carrying out the intentions and directions outlined in its governing document, the fund plays a crucial role in the upkeep and betterment of the cemetery.

Who is the CEO of Magnolia Cemetery Perpetual Fund H10040?

Claire M Ronneburger is the Principal Officer of Magnolia Cemetery Perpetual Fund H10040.

What is the revenue of Magnolia Cemetery Perpetual Fund H10040?

Magnolia Cemetery Perpetual Fund H10040's revenue in 2022 was $86,098.

Who are the executives of Magnolia Cemetery Perpetual Fund H10040 and what are their salaries?


There is 1 key member and their salary:


Claire Ronneburger (Trustee)
  • Compensation: $14,496
  • Related: $0
  • Other: $0
Where can I find the form 990 for Magnolia Cemetery Perpetual Fund H10040?

Magnolia Cemetery Perpetual Fund H10040's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Magnolia Cemetery Perpetual Fund H10040

The Magnolia Cemetery Perpetual Fund H10040, overseen by Frost Bank as its institutional trustee, is established with the primary objective of aiding the Magnolia Cemetery Corporation. This tax-exempt organization's mission is to support the Magnolia Cemetery in its efforts to preserve and enhance the Magnolia Cemetery. The trust's purpose, as outlined in its governing document, is to contribute to the maintenance and improvement of this historical and significant cemetery. By carrying out these intentions, the Magnolia Cemetery Perpetual Fund H10040 plays a crucial role in ensuring the well-being and upkeep of the Magnolia Cemetery, thereby honoring the memories of those interred there.

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Impact




October, 2024

The Magnolia Cemetery Perpetual Fund H10040 plays a crucial role in supporting the upkeep and enhancement of the Magnolia Cemetery in San Antonio, Texas. By providing financial resources through its trust, managed by Frost Bank, the fund ensures that the cemetery remains well-maintained and preserved for future generations.

This initiative helps safeguard the historical significance of the cemetery, allowing for regular maintenance, improvements, and restoration projects that contribute to the overall aesthetic and cultural value of the site. The trust’s governance facilitates effective management of funds, enabling the Magnolia Cemetery Corporation to focus on its mission without the constant concern for financial shortfalls.

Through its impact, the Magnolia Cemetery Perpetual Fund also fosters community engagement, offering a dignified space for reflection and remembrance. As a long-term financial solution, it secures the cemetery's future, ensuring its beauty and integrity for visitors and families honoring their loved ones.




This information is meant to be a general summary of Magnolia Cemetery Perpetual Fund H10040. 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
$86,098 (2022)
Expenses
$62,846 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $86,098
  • Gross Receipts: $369,468

Assets and Liabilities:

  • Total Assets: $2,032,770
  • Total Liabilities: $0
  • Net Assets: $2,032,770

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Organization Details

Founding Year

1980

Principal Officer

Claire M Ronneburger

Main Address

P O BOX 2950 TAX DEPT FLOOR 5, SAN ANTONIO, TX, 782992950

NTEE Category

Code: Y50 - Mutual benefit

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