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Peninsula School Endowment And Trust Fund

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

EIN: 942751105 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

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Overview

What is Peninsula School Endowment And Trust Fund?

The Peninsula School Endowment and Trust Fund is a charitable organization based in Palo Alto, California. It annually contributes, without any restrictions, to the general fund of Peninsula School, Ltd., a 501(c)(3) organization. Besides financial support, the Endowment and Trust Fund also aims to create a financial reserve for unforeseen emergencies facing the school. This nonprofit consistently works towards strengthening and sustaining the Peninsula School community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The Peninsula School Endowment And Trust Fund has achieved a 94% rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects a commitment to transparency and responsible financial management, which is crucial for building trust with donors and stakeholders.

The organization boasts a fully independent board, with all 10 members meeting the criteria for independence, and has demonstrated no material diversion of assets. Their effective governance is further underscored by comprehensive policies for conflicts of interest and whistleblower protections, ensuring ethical practices throughout their operations.

However, while the financial indicators are impressive, including a program expense ratio of 93.90%, it is essential for potential donors to consider the long-term impact of the organization's programs and initiatives. Overall, the Peninsula School Endowment And Trust Fund stands out as a well-managed nonprofit with a solid foundation in accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Peninsula School Endowment And Trust Fund legitimate?

Peninsula School Endowment And Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula School Endowment And Trust Fund 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 Peninsula School Endowment And Trust Fund?

The Peninsula School Endowment and Trust Fund's mission is centered around providing annual, unrestricted contributions to the general fund of Peninsula School, Ltd., a 501(c)(3) organization. Additionally, the fund aims to establish a financial cushion for unforeseen emergencies that may arise for the school. By doing so, the organization continues to support the Peninsula School.

Who is the CEO of Peninsula School Endowment And Trust Fund?

Alison Elliott is the Trustee of Peninsula School Endowment And Trust Fund.

What is the revenue of Peninsula School Endowment And Trust Fund?

Peninsula School Endowment And Trust Fund's revenue in 2022 was $80,122.

Who are the executives of Peninsula School Endowment And Trust Fund and what are their salaries?

There 3 volunteers at Peninsula School Endowment And Trust Fund.


Here are 3 key members and their salaries:


Alison Elliott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hearn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Quinn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Peninsula School Endowment And Trust Fund?

Peninsula School Endowment And Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Peninsula School Endowment And Trust Fund

The Peninsula School Endowment and Trust Fund is a dedicated organization that annually contributes, without any restrictions, to the general fund of Peninsula School, Ltd., a 501(c)(3) entity. Beyond financial support, this fund also aims to create a safety net for unforeseen emergencies that may arise for the school. This mission reflects the organization's commitment to ensuring the continuity and well-being of Peninsula School.

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Impact




October, 2024

The Peninsula School Endowment and Trust Fund plays a vital role in supporting the Peninsula School by providing annual contributions to its general fund, ensuring that the institution has the financial resources necessary to operate effectively. These unrestricted funds allow the school to allocate resources where they are most needed, enhancing its educational programs and services.

Additionally, the endowment serves as a safety net, creating a financial cushion for unforeseen emergencies that may arise. This proactive approach helps secure the long-term sustainability of the school, enabling it to adapt and respond to challenges while maintaining its commitment to quality education.

Overall, the endowment's impact extends beyond immediate financial support; it fosters an environment where the Peninsula School can thrive and innovate, ultimately benefiting the students and the broader community it serves.




This information is meant to be a general summary of Peninsula School Endowment And Trust Fund. 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
$80,122 (2022)
Expenses
$26,697 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $59,242
  • Gross Receipts: $80,122

Assets and Liabilities:

  • Total Assets: $1,444,253
  • Total Liabilities: $0
  • Net Assets: $1,444,253

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Organization Details

Founding Year

1970

Principal Officer

Alison Elliott

Main Address

PO BOX 1073 380 HAMILTON AVE, PALO ALTO, CA, 94302

NTEE Category

Code: B20I - Education

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