Overview
What is The Msu Charitable Trust?
The Msu Charitable Trust is a nonprofit organization based in Wichita Falls, Texas, with an address at 2732 Midwestern Parkway. Its primary mission is to support Midwestern State University, an educational institution, by providing funds for various priority areas such as scholarships, faculty and staff development, the business school, art program, museum, health sciences, and other necessary expenditures. The trust operates exclusively for the benefit of Midwestern State University, contributing to its ability to address unique needs that may not be financially covered by state appropriations.
Is The Msu Charitable Trust legitimate?
The Msu Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Msu 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: $217,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Msu Charitable Trust?
The Msu Charitable Trust is primarily established to support Midwestern State University, serving as a source of additional funding for the institution's special needs that may not be covered by state appropriations. Operating under Section 170(b)(1)(A) of the Internal Revenue Code of 1986, the trust functions as a means of bolstering this educational organization. The trust's program service accomplishments include providing scholarships, facilitating faculty and staff development, and offering support to various academic departments such as the business school, art program, museum, and health sciences, among other priority areas, as deemed appropriate by the trustees.
What is the revenue of The Msu Charitable Trust?
The Msu Charitable Trust's revenue in 2021 was $4,473,774.
Who are the executives of The Msu Charitable Trust and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $296,933
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- Compensation: $217,418
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Where can I find the form 990 for The Msu Charitable Trust?
The Msu Charitable Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Msu Charitable Trust
The Msu Charitable Trust, as per its mission, is exclusively dedicated to aiding Midwestern State University. This educational institution falls under the purview of Sec. 170(b)(1)(A) of the Internal Revenue Code of 1986. The trust serves as a vital source of support for the university, providing assistance in areas that may not be funded through state appropriations. The trustees oversee the allocation of funds to various priority areas within Midwestern State University, including scholarships, faculty and staff development, and support for programs such as the business school, art program, museum, and health sciences. The Msu Charitable Trust plays a significant role in ensuring that Midwestern State University can meet its special needs and continue to thrive.
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Impact
October, 2024
The Msu Charitable Trust has a significant impact on Midwestern State University by enabling the institution to meet various essential needs that state funding may not cover. This support enhances educational opportunities through scholarships, ensuring that students have access to quality education and resources. Additionally, the trust fosters faculty and staff development, which is crucial for maintaining high educational standards and innovative teaching methods.
Support for specialized programs, including the business school and art program, underscores the trust's commitment to a well-rounded academic experience. The funding extended to the museum and health sciences further reflects a broad scope of impact, touching on various disciplines that contribute to the university's comprehensive educational mission. By addressing these priority areas, the Msu Charitable Trust plays a vital role in enriching the academic landscape of Midwestern State University and bolstering its capacity to serve students and the community effectively.
This information is meant to be a general summary of The Msu 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $4,452,619
- Gross Receipts: $10,494,437
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1989
Principal Officer
Kelly Smith
NTEE Category
Code: A11 - Arts
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