Michael Priest Charitable Tr

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

EIN: 866440156 ✦ South boston, VA ✦ Designated as a 501(c)(3)

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Overview

What is Michael Priest Charitable Tr?

The Michael Priest Charitable Trust is a tribute to the late Dr. Michael Priest, established in South Boston, Virginia. Its primary mission is to provide financial aid in the form of athletic and academic scholarships to deserving high school graduates within the state. Beyond scholarship grants, the trust also extends its generosity to various charities annually, honoring Dr. Priest's legacy. In its second year of operation, the trust made donations totaling $4,500 to organizations such as the National MS Society, St. Jude's Children's Hospital, Dixie Youth Baseball, and Young Life. The trust has already awarded its first scholarship, demonstrating its commitment to supporting Virginia's youth and worthy causes.


Official website here: www.michaelpriest.org

Is Michael Priest Charitable Tr legitimate?

Michael Priest Charitable Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michael Priest Charitable Tr submitted a form 990EZ, 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.


Official website here: www.michaelpriest.org

What is the mission statement of Michael Priest Charitable Tr?

The Michael Priest Charitable Trust was established with a mission to provide athletic and academic scholarships to deserving high school graduates in Virginia. Additionally, the trust makes donations to various charities as a tribute to its namesake. In its second year, it contributed a total of $4,500 to organizations such as the National Multiple Sclerosis Society, St. Jude's Children's Hospital, Dixie Youth Baseball, and Young Life. The trust has already awarded its first scholarship. The mission of the trust is to support young individuals in their academic pursuits and contribute to various charitable causes.


Official website here: www.michaelpriest.org

Who is the CEO of Michael Priest Charitable Tr?

James Harold Priest is the Trustee of Michael Priest Charitable Tr.


Official website here: www.michaelpriest.org

What is the revenue of Michael Priest Charitable Tr?

Michael Priest Charitable Tr's revenue in 2022 was $32,000.


Official website here: www.michaelpriest.org

Who are the executives of Michael Priest Charitable Tr and what are their salaries?


Here are 3 key members and their salaries:


James Harold Priest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Berkley Priest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Regan Priest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.michaelpriest.org

Where can I find the form 990EZ for Michael Priest Charitable Tr?

Michael Priest Charitable Tr's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.michaelpriest.org

Learn more at the official website: www.michaelpriest.org

Mission Statement of Michael Priest Charitable Tr

The Michael Priest Charitable Trust, established in honor of the late Dr. Michael Priest, carries out its mission by providing athletic and academic scholarships to graduating high school seniors in Virginia. Additionally, the trust makes donations to various charitable organizations throughout the year as a tribute to Dr. Priest. The trust demonstrates its commitment to this cause by donating an aggregate sum of $4,500 each year to organizations such as the National MS Society, St. Jude's Children's Hospital, Dixie Youth Baseball, and Young Life. In its second year of operation, the trust had already awarded its first scholarship. By providing financial assistance and charitable contributions, the Michael Priest Charitable Trust honors the legacy of Dr. Michael Priest and contributes to the betterment of various communities.

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Impact




August, 2024

The impact of the Michael Priest Charitable Trust is evident in its support for graduating high school seniors in Virginia through the awarding of athletic and academic scholarships. Additionally, the trust makes donations to various charities throughout the year as a tribute to Dr. Michael Priest. In its second year, the trust donated $4,500 to organizations such as the National MS Society, St. Jude's Children's Hospital, Dixie Youth Baseball, and Young Life. This tangible support not only benefits deserving students but also contributes to the well-being of communities and organizations in need.




This information is meant to be a general summary of Michael Priest Charitable Tr. 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
$32,000 (2022)
Expenses
$12,700 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $32,000

Assets and Liabilities:

  • Total Assets: $76,093
  • Total Liabilities: $0
  • Net Assets: $76,093

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Organization Details

Principal Officer

James Harold Priest

Main Address

1010 Logan Street, South Boston, VA, 24592

NTEE Category

Code: B82 - Education

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