Overview
What is Frank P Doyle Trust Article Ix?
Frank P Doyle Trust Article Ix is a charitable organization headquartered in Santa Rosa, California. Its primary objective is to distribute its excess income, surpassing $2,000, to Santa Rosa Junior College. This allocation is used to grant scholarships to students chosen by the college, with the scholarships varying in type and purpose. The trust also contributes up to $2,000 of its income to Doyle Park in Santa Rosa, managed by the city. Furthermore, the trustees actively support the college's charitable objectives by directly contributing to its exempt purposes.
Is Frank P Doyle Trust Article Ix legitimate?
Frank P Doyle Trust Article Ix is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frank P Doyle Trust Article Ix 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 Frank P Doyle Trust Article Ix?
The Frank P Doyle Trust, as outlined in Article Ix, primarily focuses on distributing its excess income. It allocates no more than $2,000 to the City of Santa Rosa for the maintenance of Doyle Park, while the remaining balance is granted to the Santa Rosa Junior College District for the purpose of providing scholarships to eligible students. The trustees also actively contribute towards furthering the exempt purposes of the college, directly supporting its initiatives. In essence, the Frank P Doyle Trust is committed to contributing to educational opportunities and community development through its financial support.
Who is the CEO of Frank P Doyle Trust Article Ix?
William R Schrader is the Trustee of Frank P Doyle Trust Article Ix.
What is the revenue of Frank P Doyle Trust Article Ix?
Frank P Doyle Trust Article Ix's revenue in 2022 was $4,238,486.
Who are the executives of Frank P Doyle Trust Article Ix and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $365,250
- Other: $0
- Compensation: $0
- Related: $100,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Frank P Doyle Trust Article Ix?
Frank P Doyle Trust Article Ix's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Frank P Doyle Trust Article Ix
The Frank P. Doyle Trust is a charitable organization with a mission to distribute its excess income for the benefit of two primary recipients. It allots a maximum of $2,000 to the City of Santa Rosa for the upkeep of Doyle Park. The remaining balance is then directed towards the Santa Rosa Junior College District, where it is utilized to grant scholarships to deserving students selected by the institution. Furthermore, the trustees of the Frank P. Doyle Trust also actively work to advance the objectives of the Santa Rosa Junior College, directly contributing to its exempt purposes.
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Impact
October, 2024
The Frank P. Doyle Trust Article IX significantly impacts educational opportunities in Santa Rosa by funding scholarships for students at Santa Rosa Junior College. By allocating its net income, beyond a modest contribution to Doyle Park, the Trust ensures that the majority of its resources are directed towards enhancing access to higher education. This financial support can help students cover tuition, fees, and other educational expenses, thereby reducing financial barriers.
The scholarships provided can vary in type and purpose, catering to a diverse student population with differing needs and aspirations. This flexibility allows the college to select recipients who will benefit most from the assistance, which can be crucial for students navigating their academic journeys. Overall, the Trust helps foster a culture of learning and development, contributing to the educational landscape and economic vitality of the community.
This information is meant to be a general summary of Frank P Doyle Trust Article Ix. 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: $4,238,486
- Gross Receipts: $4,238,486
Assets and Liabilities:
- Total Assets: $98,381,744
- Total Liabilities: $0
- Net Assets: $98,381,744
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Organization Details
Founding Year
1949
Phone
(707) 524-3117Principal Officer
William R Schrader
Main Address
PO Box 403, Santa Rosa, CA, 95402
NTEE Category
Code: B82 - Education
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