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Shook Charitable Trust

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

EIN: 751843636 ✦ San angelo, TX ✦ Designated as a 501(c)(3)

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Overview

What is Shook Charitable Trust?

The Shook Charitable Trust is a philanthropic entity that supports various charitable causes. It distributes funds to organizations that align with its mission, such as the Concho Valley Council of Boy Scouts of America and the First Baptist Church. By providing financial assistance to these organizations, the Shook Charitable Trust aids in furthering their general purposes and promoting Christian and foreign missionary work, respectively, thereby benefiting an indeterminable number of individuals within these organizations' respective spheres.

Is Shook Charitable Trust legitimate?

Shook Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shook Charitable 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: $31,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Shook Charitable Trust?

The Shook Charitable Trust is an organization that supports charitable endeavors by providing funds to various donees. Specifically, the contributions made to the Concho Valley Council of Boy Scouts of America serve to advance the organization's overall objectives within the Concho Valley Council region, benefiting an indeterminate number of individuals. Additionally, the funds allocated to the First Baptist Church contribute to the promotion and execution of Christian and international missionary work, impacting an unspecified number of people.

Who is the CEO of Shook Charitable Trust?

Pastor First Baptist Church is the Trustee of Shook Charitable Trust.

What is the revenue of Shook Charitable Trust?

Shook Charitable Trust's revenue in 2022 was $884,502.

Who are the executives of Shook Charitable Trust and what are their salaries?


Here are 3 key members and their salaries:


Pastor First Baptist Church (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chair Deacon Council Fbc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
First Fin Trust & Asset Mgmt (Trustee)
  • Compensation: $31,887
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shook Charitable Trust?

Shook Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shook Charitable Trust

The Shook Charitable Trust is an organization dedicated to funding charitable endeavors for various recipient entities. Its mission involves channeling funds to support the overall objectives of these charitable organizations. In specific cases, the Trust has contributed to the Concho Valley Council of Boy Scouts of America, contributing to the organization's primary goals within the Concho Valley Council region, benefitting an indeterminate number of individuals. Furthermore, the Trust has also supported the First Baptist Church in its efforts to promote and carry out Christian and foreign missionary work, impacting an undetermined group of individuals globally. In essence, the Shook Charitable Trust serves as a philanthropic entity, utilizing its resources to advance the charitable pursuits of the organizations it supports.

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Impact




October, 2024

Shook Charitable Trust plays a pivotal role in enhancing community welfare through strategic funding aimed at vital charitable initiatives. By directing financial resources to organizations such as the Concho Valley Council of Boy Scouts of America, the trust supports local youth development and leadership programs, positively impacting countless individuals in the community. Additionally, contributions to First Baptist Church facilitate Christian outreach and missionary work, further extending the trust's influence by promoting spiritual growth and community service efforts both locally and abroad. The trust’s commitment to these endeavors fosters a culture of support and development that benefits a broad segment of the population in the San Angelo, Texas area.




This information is meant to be a general summary of Shook Charitable 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.

Revenue
$884,502 (2022)
Expenses
$661,408 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $507,339
  • Gross Receipts: $2,836,894

Assets and Liabilities:

  • Total Assets: $7,426,836
  • Total Liabilities: $0
  • Net Assets: $7,426,836

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Organization Details

Founding Year

1983

Principal Officer

Pastor First Baptist Church

Main Address

PO BOX 5291, SAN ANGELO, TX, 76902

NTEE Category

Code: P20J - Human services

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