Simpson Charitable Trust

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

EIN: 756362586 ✦ Abilene, TX ✦ Designated as a 501(c)(3)

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Overview

What is Simpson Charitable Trust?

Simpson Charitable Trust is a grant-making public charity establishment, situated in Abilene, Texas. Their primary objective is to extend support to various other charitable organizations. Through their mission, they aim to contribute to the broader charitable sector, offering financial aid and resources to numerous organizations that share their commitment to societal betterment.

Is Simpson Charitable Trust legitimate?

Simpson Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simpson 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: $26,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Simpson Charitable Trust?

The Simpson Charitable Trust, being a grantmaking organization, is dedicated to supporting other charitable organizations. Its mission is centered around providing financial assistance and resources to various charitable entities, aiming to contribute positively to various causes and communities. The trust does not have its own programs or initiatives, instead, it channels its resources to other charitable organizations for their respective endeavors.

Who is the CEO of Simpson Charitable Trust?

Unavailable

What is the revenue of Simpson Charitable Trust?

Simpson Charitable Trust's revenue in 2022 was $964,863.

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


There is 1 key member and their salary:


First Financial Trust (Trustee)
  • Compensation: $26,964
  • Related: $0
  • Other: $0
Where can I find the form 990 for Simpson Charitable Trust?

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

Mission Statement of Simpson Charitable Trust

Simpson Charitable Trust, as a grantmaking public charity foundation, is committed to supporting other charitable organizations. This mission entails providing essential resources and aid to numerous non-profit entities, aiming to further their causes and contribute to societal betterment. By doing so, Simpson Charitable Trust plays a pivotal role in fostering a collaborative environment among various charitable organizations, ultimately leading to a more impactful and collective effort in addressing diverse societal challenges.

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Impact




October, 2024

Simpson Charitable Trust plays a significant role in enhancing the capacity of various charitable organizations by providing essential financial support. Based in Abilene, Texas, the trust focuses on grantmaking, enabling numerous nonprofits to achieve their missions and serve their communities more effectively. By funding initiatives across different sectors, Simpson Charitable Trust amplifies the impact of local and regional charitable efforts, fostering collaboration and encouraging sustainable development within the charitable landscape. This support not only strengthens individual organizations but also contributes to the overall wellbeing of the community.




This information is meant to be a general summary of Simpson 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
$964,863 (2022)
Expenses
$124,250 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $456,167
  • Gross Receipts: $2,390,066

Assets and Liabilities:

  • Total Assets: $4,393,468
  • Total Liabilities: $0
  • Net Assets: $4,393,468

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Organization Details

Founding Year

1987

Main Address

PO BOX 701, ABILENE, TX, 79604

NTEE Category

Code: T30 - Philanthropy

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