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Imogene & Harold Herndon I Charitable Trust I

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

EIN: 746484117 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Imogene & Harold Herndon I Charitable Trust I?

Imogene & Harold Herndon I Charitable Trust I is a benevolent organization situated in San Antonio, Texas. Its primary mission is to provide consistent financial assistance to seven distinguished charitable organizations on a quarterly basis. The trust's purpose is to offer unwavering support to these chosen causes, thereby contributing to their operations and impact in their respective fields.

Is Imogene & Harold Herndon I Charitable Trust I legitimate?

Imogene & Harold Herndon I Charitable Trust I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Imogene & Harold Herndon I Charitable Trust I 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: $129,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Imogene & Harold Herndon I Charitable Trust I?

The Imogene & Harold Herndon I Charitable Trust I is committed to providing ongoing support to seven specified charitable organizations. By distributing income quarterly, this trust helps to sustain the operations and initiatives of these charities. The specific goals or objectives of the charities themselves are responsible for shaping the impact of the trust's contributions. The trust's role is essentially to provide financial backing, enabling these charities to continue their work in various sectors. The trust does not disclose the nature or focus of the charities it supports, maintaining a focus on its financial support role.

Who is the CEO of Imogene & Harold Herndon I Charitable Trust I?

Frost Bank is the Co-Trustee of Imogene & Harold Herndon I Charitable Trust I.

What is the revenue of Imogene & Harold Herndon I Charitable Trust I?

Imogene & Harold Herndon I Charitable Trust I's revenue in 2022 was $1,257,836.

Who are the executives of Imogene & Harold Herndon I Charitable Trust I and what are their salaries?


Here are 2 key members and their salaries:


Mary Ann Swierc (Co-Trustee)
  • Compensation: $64,813
  • Related: $0
  • Other: $0
Frost Bank (Co-Trustee)
  • Compensation: $64,813
  • Related: $0
  • Other: $0
Where can I find the form 990 for Imogene & Harold Herndon I Charitable Trust I?

Imogene & Harold Herndon I Charitable Trust I's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Imogene & Harold Herndon I Charitable Trust I

The Imogene & Harold Herndon I Charitable Trust I is committed to supporting seven distinct charitable organizations. This philanthropic entity, operating independently, provides financial assistance to these charities on a regular basis, contributing income quarterly to uphold their noble causes. By doing so, the Trust plays a significant role in empowering these organizations to continue their valuable work in the community. Although the specific nature of the charities and the causes they advocate for are not provided in the information, it can be inferred that the Trust is dedicated to backing various causes that align with its mission, ultimately contributing to societal betterment.

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Impact




October, 2024

Imogene & Harold Herndon I Charitable Trust I significantly impacts the community by providing consistent financial support to seven specific charities. Operating out of San Antonio, TX, the trust disburses quarterly income to these organizations, ensuring they have the necessary resources to carry out their missions. By focusing on targeted support, the trust amplifies the effectiveness of these charities, enhancing their ability to make a difference in the lives of those they serve. This commitment to philanthropy fosters collaboration and sustainability within the charitable sector, ultimately benefiting a wide range of individuals and communities.




This information is meant to be a general summary of Imogene & Harold Herndon I Charitable Trust I. 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
$1,257,836 (2022)
Expenses
$876,468 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,257,836
  • Gross Receipts: $3,751,141

Assets and Liabilities:

  • Total Assets: $19,396,058
  • Total Liabilities: $0
  • Net Assets: $19,396,058

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Organization Details

Founding Year

1999

Principal Officer

Frost Bank

Main Address

PO BOX 2950 - TRUST TAX, SAN ANTONIO, TX, 78299

NTEE Category

Code: T70 - Philanthropy

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