Overview
What is Bynum School Endowment Fund Management Inc?
Bynum School Endowment Fund Management Inc is a nonprofit organization situated in Midland, Texas. Its primary role is to manage and oversee the endowment funds that have been invested for both educational and charitable purposes, specifically benefiting Bynum School, their supported organization. The organization's mission is to allocate these funds exclusively for the betterment of the school, providing grants and support as needed. The Bynum School Endowment Fund Management Inc serves as a crucial financial steward, ensuring the long-term sustainability and growth of the educational resources provided by Bynum School.
Is Bynum School Endowment Fund Management Inc legitimate?
Bynum School Endowment Fund Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bynum School Endowment Fund Management Inc 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
For more financial information, click here
What is the mission statement of Bynum School Endowment Fund Management Inc?
The mission of Bynum School Endowment Fund Management Inc, as a third-party entity, is centered around overseeing and managing the endowment funds invested for the educational and charitable purposes of Bynum School. Their primary role is to make grants solely for the benefit of the School or its supported organization. In essence, they are dedicated to managing the funds in a manner that supports the educational and charitable objectives of Bynum School.
Who is the CEO of Bynum School Endowment Fund Management Inc?
Cressinda Hyatt is the Executive Director Bynum School Until Nov 2021 of Bynum School Endowment Fund Management Inc.
What is the revenue of Bynum School Endowment Fund Management Inc?
Bynum School Endowment Fund Management Inc's revenue in 2022 was $373,479.
Who are the executives of Bynum School Endowment Fund Management Inc and what are their salaries?
There 5 volunteers at Bynum School Endowment Fund Management Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $86,462
- Other: $2,664
- Compensation: $0
- Related: $34,154
- Other: $1,046
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bynum School Endowment Fund Management Inc?
Bynum School Endowment Fund Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bynum School Endowment Fund Management Inc
Bynum School Endowment Fund Management Inc is dedicated to overseeing and managing the endowment funds that have been invested for both educational and charitable purposes, primarily benefiting Bynum School, its supported organization. The organization's mission is to ensure that these funds are utilized effectively and efficiently, with the ultimate goal of providing support and resources to Bynum School. By doing so, Bynum School Endowment Fund Management Inc plays a crucial role in ensuring the continued success and growth of the school, enabling it to fulfill its educational mission and provide a high-quality education to its students. The organization's grants are exclusively directed towards the betterment of Bynum School and its supported organization, ensuring a lasting impact on their educational and charitable endeavors.
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Impact
October, 2024
Bynum School Endowment Fund Management Inc plays a crucial role in ensuring the sustainability and growth of educational opportunities at Bynum School. By overseeing and managing the endowment funds, it provides financial stability and resources necessary for the school to thrive.
The endowment funds are strategically invested, allowing for ongoing grants that directly benefit Bynum School. This financial support enhances the school's ability to deliver quality education and enrich student programs, ensuring that it can effectively serve its community.
By focusing on educational and charitable purposes, Bynum School Endowment Fund Management Inc not only preserves the legacy of the school but also fosters an environment where students can excel. The impact of its management is seen in the enhanced learning opportunities and resources available to students, ultimately contributing to their academic success and personal growth.
This information is meant to be a general summary of Bynum School Endowment Fund Management Inc. 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 2022.
- Investment Income: $373,479
- Gross Receipts: $373,479
Assets and Liabilities:
- Total Assets: $7,745,165
- Total Liabilities: $0
- Net Assets: $7,745,165
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Organization Details
Founding Year
2017
Phone
(432) 520-0075Principal Officer
Cressinda Hyatt
Main Address
PO Box 80175, Midland, TX, 79708
NTEE Category
Code: B11 - Education
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