Overview
What is Schuler Initiative Supporting Charitable Trust?
The Schuler Initiative Supporting Charitable Trust is a philanthropic organization based in Lake Forest, Illinois, with a mission to support specific colleges, primarily to enhance access to higher education for financially disadvantaged individuals. The trust aims to increase the number of undocumented and Pell Grant-eligible low-income students attending these colleges, while furthering their educational goals. The supported colleges include Bates College, Carleton College, Kenyon College, Tufts University, and Union College. The trust's activities are solely dedicated to distributing funds to these institutions, with the ultimate goal of advancing the Schuler Access Initiative and promoting educational opportunities for those in need.
Is Schuler Initiative Supporting Charitable Trust legitimate?
Schuler Initiative Supporting Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schuler Initiative Supporting 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Schuler Initiative Supporting Charitable Trust?
The Schuler Initiative Supporting Charitable Trust was established with a charitable purpose to support specific colleges, each being public charities, in carrying out their charitable activities. The supported colleges include Bates College, Carleton College, Kenyon College, Tufts University, and Union College. The trust's activities primarily involve making distributions to these colleges, specifically to advance the objectives of the Schuler Access Initiative. This initiative aims to increase access to higher education for financially disadvantaged individuals, increase the number of undocumented and Pell Grant-eligible low-income students attending these colleges, and further the educational goals of the supported colleges. The trust is fully dedicated to these activities, allocating 100% of its time and resources towards them.
Who is the CEO of Schuler Initiative Supporting Charitable Trust?
Tanya Sharman is the Trustee of Schuler Initiative Supporting Charitable Trust.
What is the revenue of Schuler Initiative Supporting Charitable Trust?
Schuler Initiative Supporting Charitable Trust's revenue in 2022 was $5,401.
Who are the executives of Schuler Initiative Supporting Charitable Trust and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Schuler Initiative Supporting Charitable Trust?
Schuler Initiative Supporting Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Schuler Initiative Supporting Charitable Trust
The Schuler Initiative Supporting Charitable Trust was established with a noble mission to support one or more publicly recognized charitable institutions. Among these supported colleges are Bates College in Lewiston, Maine, Carleton College in Northfield, Minnesota, Kenyon College in Gambier, Ohio, Tufts University in Somerville, Massachusetts, and Union College in Schenectady, New York. The primary goal of this trust is to contribute financially to these institutions, specifically to advance the objectives of the Schuler Access Initiative. This initiative aims to increase access to higher education for underprivileged individuals, boost the number of undocumented and Pell Grant-eligible low-income students at these colleges, and promote the educational objectives of these supported institutions. The trustees oversee the distribution of funds, dedicating 100% of their time and resources to these activities.
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Impact
October, 2024
The Schuler Initiative Supporting Charitable Trust drives significant impact by enhancing access to higher education for underserved populations. By distributing funds exclusively to select colleges, it focuses on the Schuler Access Initiative, which aims to increase the enrollment of low-income individuals, particularly undocumented and Pell Grant-eligible students. This focus not only addresses financial barriers but also supports the educational goals of institutions such as Bates College, Carleton College, Kenyon College, Tufts University, and Union College. Through these efforts, the initiative strives to create a more inclusive educational landscape, ensuring that talented students from diverse backgrounds have the opportunity to pursue their academic aspirations.
This information is meant to be a general summary of Schuler Initiative Supporting 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 2022.
- Investment Income: $5,401
- Gross Receipts: $5,401
Assets and Liabilities:
- Total Assets: $11,090,296
- Total Liabilities: $5,600,000
- Net Assets: $5,490,296
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Organization Details
Founding Year
2021
Phone
(224) 880-1210Principal Officer
Tanya Sharman
Main Address
100 N FIELD DRIVE SUITE 360, LAKE FOREST, IL, 60045
NTEE Category
Code: T90 - Philanthropy
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