Hasselmann Prospekta Trust- Marjory's A

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

EIN: 766102667 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Hasselmann Prospekta Trust- Marjory's A?

Hasselmann Prospekta Trust- Marjory's A is a nonprofit organization situated in Houston, Texas, with an address at 10497 Town Country Way Suite 440. Its primary objective is to support the educational purposes of Rice University. To fulfill this mission, the trust establishes and maintains the Karl F. Hasselmann Chair in Engineering, funds engineering research, and offers financial aid to engineering students at Rice University. By doing so, Hasselmann Prospekta Trust- Marjory's A contributes to the advancement of engineering education and research at Rice University.

Is Hasselmann Prospekta Trust- Marjory's A legitimate?

Hasselmann Prospekta Trust- Marjory's A is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hasselmann Prospekta Trust- Marjory's A 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hasselmann Prospekta Trust- Marjory's A?

The Hasselmann Prospekta Trust-Marjory's A is committed to supporting the educational objectives of Rice University. It accomplishes this by establishing and maintaining the Karl F. Hasselmann Chair in Engineering, financing engineering research, and offering financial aid to engineering students at Rice University. In essence, the trust's mission is geared towards fostering academic excellence and research in the field of engineering at Rice University.

Who is the CEO of Hasselmann Prospekta Trust- Marjory's A?

Ronald W Kesterson is the Trustee of Hasselmann Prospekta Trust- Marjory's A.

What is the revenue of Hasselmann Prospekta Trust- Marjory's A?

Hasselmann Prospekta Trust- Marjory's A's revenue in 2022 was $842,645.

Who are the executives of Hasselmann Prospekta Trust- Marjory's A and what are their salaries?


There is 1 key member and their salary:


Ronald W Kesterson (Trustee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hasselmann Prospekta Trust- Marjory's A?

Hasselmann Prospekta Trust- Marjory's A's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hasselmann Prospekta Trust- Marjory's A

Hasselmann Prospekta Trust-Marjory's A is dedicated to supporting the educational goals of Rice University. The organization accomplishes this mission in several ways. Firstly, it establishes and maintains the Karl F. Hasselmann Chair in Engineering, providing a platform for advanced engineering research and education. Secondly, Hasselmann Prospekta Trust-Marjory's A funds engineering research, encouraging innovative ideas and discoveries. Lastly, the trust provides financial aid to engineering students at Rice University, assisting in their academic pursuits and ensuring that talented individuals have the opportunity to further their education in this field. By supporting these key areas, Hasselmann Prospekta Trust-Marjory's A plays a significant role in fostering engineering education and research at Rice University.

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Impact




October, 2024

Hasselmann Prospekta Trust - Marjory's A plays a crucial role in advancing engineering education and research at Rice University. By establishing and maintaining the Karl F. Hasselmann Chair in Engineering, the trust ensures that the university attracts and retains top-tier faculty, fostering a rich academic environment that promotes innovation and leadership in the engineering field.

Additionally, the financial support provided by the trust for engineering research enables groundbreaking projects that can lead to technological advancements and solutions to contemporary challenges. This funding is vital in facilitating research that might not otherwise receive adequate resources, allowing students and faculty to explore new ideas and push the boundaries of knowledge.

Moreover, the trust's financial assistance to engineering students helps alleviate the financial burdens associated with higher education, making it more accessible for a diverse range of students. This support not only nurtures the next generation of engineers but also contributes to the creation of a vibrant community of scholars at Rice University. Overall, the impact of Hasselmann Prospekta Trust - Marjory's A is significant in shaping the future of engineering through education, research, and student support.




This information is meant to be a general summary of Hasselmann Prospekta Trust- Marjory's A. 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
$842,645 (2022)
Expenses
$821,265 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $842,645
  • Gross Receipts: $842,645

Assets and Liabilities:

  • Total Assets: $505,114
  • Total Liabilities: $0
  • Net Assets: $505,114

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Organization Details

Founding Year

1997

Principal Officer

Ronald W Kesterson

Main Address

10497 TOWN COUNTRY WAY SUITE 440, HOUSTON, TX, 77024

NTEE Category

Code: T00 - Philanthropy

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