Overview
What is Fleming Church Loan Trust Highground Advisors?
Fleming Church Loan Trust Highground Advisors is a nonprofit organization situated in Dallas, Texas. Its primary mission is to distribute income to various colleges, universities, hospitals, and other benevolent institutions, as outlined in Section 170(c) (2). These institutions must operate under the auspices of the Baptist General Convention of Texas and/or the Southern Baptist Convention, which are affiliated with groups of Baptist Churches. The trust's activities aim to support these institutions, contributing to their overall operations and impact within their respective communities.
Is Fleming Church Loan Trust Highground Advisors legitimate?
Fleming Church Loan Trust Highground Advisors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fleming Church Loan Trust Highground Advisors 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fleming Church Loan Trust Highground Advisors?
Fleming Church Loan Trust Highground Advisors' mission, as outlined in its trust instrument and amendments, is to distribute income to various beneficiary institutions. These institutions include colleges, universities, hospitals, and other charitable organizations, all of which fall under the category of 170(c) (2) and are operated under the auspices of the Baptist General Convention of Texas and/or the Southern Baptist Convention. This involves supporting organizations and groups affiliated with Baptist Churches. The specific distribution of income is detailed in Schedule A, Part VI.
What is the revenue of Fleming Church Loan Trust Highground Advisors?
Fleming Church Loan Trust Highground Advisors's revenue in 2023 was $1,887,687.
Who are the executives of Fleming Church Loan Trust Highground Advisors and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fleming Church Loan Trust Highground Advisors?
Fleming Church Loan Trust Highground Advisors's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fleming Church Loan Trust Highground Advisors
Fleming Church Loan Trust Highground Advisors is a trust organization with a specific mission. The trust's instrument and amendments mandate that its income be distributed to a particular category of institutions. These institutions are described under section 170(c) (2) and are primarily colleges, universities, hospitals, and other benevolent organizations. These institutions operate under the auspices of the Baptist General Convention of Texas and/or the Southern Baptist Convention, which are organizations or groups of Baptist Churches. The trust's mission is to contribute financially to these institutions, thereby supporting their operations and furthering their objectives. It is important to note that the specific institutions and amounts distributed are detailed in Schedule A, Part VI.
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Impact
October, 2024
Fleming Church Loan Trust Highground Advisors facilitates the distribution of financial resources to colleges, universities, hospitals, and other benevolent institutions. By adhering to its trust instrument and amendments, it ensures a continuous flow of income to support various entities aligned with the Baptist General Convention of Texas and the Southern Baptist Convention. This process enhances educational opportunities, healthcare access, and a range of benevolent services within the community. Through targeted financial support, the trust plays a crucial role in advancing the missions of affiliated organizations and benefiting the broader public.
This information is meant to be a general summary of Fleming Church Loan Trust Highground Advisors. 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 2023.
- Investment Income: $1,847,303
- Gross Receipts: $1,887,687
Assets and Liabilities:
- Total Assets: $30,498,674
- Total Liabilities: $0
- Net Assets: $30,498,674
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Organization Details
Founding Year
1963
Principal Officer
Highground Advisors
NTEE Category
Code: T900 - Philanthropy
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