Overview
What is Construction Education Foundation Trust?
The Construction Education Foundation Trust is a nonprofit organization that serves as a trustee for the Construction Education Foundation, Inc. Based in Fort Worth, Texas, its primary role is to manage and invest employer contributions on behalf of the foundation. It utilizes these funds to cover tuition expenses, contributing to the foundation's exempt purposes. Additionally, the Trust also manages and invests trust funds for another supported organization located in the same city. By doing so, it plays a crucial role in furthering the educational mission of these organizations.
Official website here: www.none
Is Construction Education Foundation Trust legitimate?
Construction Education Foundation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Construction Education Foundation Trust submitted a form 990EZ, 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.
Official website here: www.none
What is the mission statement of Construction Education Foundation Trust?
The Construction Education Foundation Trust serves a crucial role by managing and investing funds on behalf of the Construction Education Foundation, Inc. and making necessary tuition disbursements. Their primary purpose is to support the exempt objectives of the Construction Education Foundation. Additionally, the Trust also manages and invests trust funds for a supported organization, located elsewhere. These activities are aimed at furthering the Foundation's objectives and contributing to education-related initiatives.
Official website here: www.none
Who is the CEO of Construction Education Foundation Trust?
Frost Bank Of Texas Na is the Trustee of Construction Education Foundation Trust.
Official website here: www.none
What is the revenue of Construction Education Foundation Trust?
Construction Education Foundation Trust's revenue in 2022 was $180.
Official website here: www.none
Who are the executives of Construction Education Foundation Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,656
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Construction Education Foundation Trust
The Construction Education Foundation Trust serves a unique role in supporting the Construction Education Foundation, Inc. This trust is responsible for managing and investing employer contributions on behalf of the Foundation, utilizing the funds to cover tuition expenses in line with its exempt purposes. Furthermore, the Trust also manages and invests trust funds for a supported organization located in Fort Worth, Texas, making disbursements as required. This organization plays a significant role in facilitating educational opportunities, thereby contributing to the development and growth of the construction industry.
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Impact
October, 2024
The Construction Education Foundation Trust significantly impacts the construction industry by effectively managing and investing employer contributions to support education and training initiatives. By disbursing funds for tuition, it helps individuals acquire essential skills and knowledge, ultimately contributing to a more skilled workforce in the construction sector. Located in Fort Worth, TX, the trust also ensures that funds are strategically invested to enhance the educational opportunities available through the Construction Education Foundation. This strategic financial management fosters growth in the industry, supports workforce development, and promotes long-term sustainability by empowering individuals through education and training.
This information is meant to be a general summary of Construction Education Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $180
- Gross Receipts: $180
Assets and Liabilities:
- Total Assets: $170,132
- Total Liabilities: $172,158
- Net Assets: -$2,026
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Organization Details
Phone
(972) 574-5200Principal Officer
Frost Bank Of Texas Na
Main Address
PO BOX 33349, FORT WORTH, TX, 761623349
Website
www.noneNTEE Category
Code: B113 - Education
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