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Percy & Zina Lamar Foundation C/O City Bank Trust Dept

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

EIN: 756010859 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Percy & Zina Lamar Foundation C/O City Bank Trust Dept?

The Percy & Zina Lamar Foundation C/O City Bank Trust Deestablished in 1957, is a philanthropic organization with a primary focus on supporting and maintaining various public charities. Its principal beneficiary is the Pioneer Memorial Fund located in Crosbyton, Texas. Moreover, the foundation has a secondary commitment to entities affiliated with the Methodist Church, including the First United Methodist Church of Dimmitt, McMurry University of Abilene, the Methodist Home at Waco, and the First United Methodist Church of Crosbyton. The foundation's mission is to initiate, support, and maintain these charitable organizations, contributing to the betterment of their respective communities.

Is Percy & Zina Lamar Foundation C/O City Bank Trust Dept legitimate?

Percy & Zina Lamar Foundation C/O City Bank Trust Dept is a legitimate nonprofit organization registered as a 501(c)(3) entity. Percy & Zina Lamar Foundation C/O City Bank Trust Dept 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: $59,372
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Percy & Zina Lamar Foundation C/O City Bank Trust Dept?

The Percy & Zina Lamar Foundation, administered by City Bank Trust Dept., was established in 1957 with a mission to initiate, support, and maintain certain public charities. The primary recipient of its contributions is the Pioneer Memorial Fund based in Crosbyton, Texas. Additionally, entities associated with the Methodist religion serve as secondary recipients, including the First United Methodist Church of Dimmitt, McMurry University of Abilene, The Methodist Home at Waco, and the First United Methodist Church of Crosbyton. The foundation's purpose is to contribute to the betterment of various charitable causes, primarily within the Methodist community.

Who is the CEO of Percy & Zina Lamar Foundation C/O City Bank Trust Dept?

Katie Burnes is the Trustee of Percy & Zina Lamar Foundation C/O City Bank Trust Dept.

What is the revenue of Percy & Zina Lamar Foundation C/O City Bank Trust Dept?

Percy & Zina Lamar Foundation C/O City Bank Trust Dept's revenue in 2023 was $478,603.

Who are the executives of Percy & Zina Lamar Foundation C/O City Bank Trust Dept and what are their salaries?


There is 1 key member and their salary:


Katie Burnes (Trustee)
  • Compensation: $59,372
  • Related: $0
  • Other: $0
Where can I find the form 990 for Percy & Zina Lamar Foundation C/O City Bank Trust Dept?

Percy & Zina Lamar Foundation C/O City Bank Trust Dept's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Percy & Zina Lamar Foundation C/O City Bank Trust Dept

The Percy & Zina Lamar Foundation C/O City Bank Trust Dept, established in 1957, was founded with a mission to initiate, support, and maintain certain public charities. The primary recipient of its contributions is the Pioneer Memorial Fund of Crosbyton, Texas. In addition to this primary recipient, the foundation also extends its support to entities affiliated with the Methodist religion, including the First United Methodist Church of Dimmitt, McMurry University of Abilene, The Methodist Home at Waco, and the First United Methodist Church of Crosbyton. The foundation's purpose is to contribute to these charitable organizations, thereby playing a role in promoting the values and causes they represent.

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Impact




October, 2024

The Percy & Zina Lamar Foundation plays a vital role in supporting public charities, having been established in 1957. Its primary focus is on the Pioneer Memorial Fund in Crosbyton, Texas, which aids the preservation and appreciation of the area's local heritage. This foundation also provides essential funding to various Methodist entities, including the First United Methodist Church of Dimmitt, McMurry University in Abilene, the Methodist Home at Waco, and the First United Methodist Church of Crosbyton.

By channeling resources into these institutions, the foundation facilitates community development, education, and religious services, thereby contributing significantly to the cultural and social fabric of the region. It helps sustain initiatives that enhance the welfare of the community and supports the Methodist Church's mission, fostering a spirit of philanthropy and communal engagement. Through its ongoing commitment, the foundation ensures that vital services and support systems remain available to those in need.




This information is meant to be a general summary of Percy & Zina Lamar Foundation C/O City Bank Trust Dept. 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
$478,603 (2023)
Expenses
$478,602 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11,092
  • Gross Receipts: $557,299

Assets and Liabilities:

  • Total Assets: $1,577,086
  • Total Liabilities: $419,229
  • Net Assets: $1,157,857

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Organization Details

Founding Year

1957

Principal Officer

Katie Burnes

Main Address

5219 CITY BANK PARKWAY PO BOX 2307, LUBBOCK, TX, 794082307

NTEE Category

Code: T22Z - Philanthropy

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