Overview
What is Leonard & Beryl Buck Foundation CO Wells Fargo Bank?
The Leonard & Beryl Buck Foundation CO Wells Fargo Bank is a charitable trust established in 1979 to distribute funds for non-profit, religious, or educational activities in Marin County, California. As per the court orders, Wells Fargo Bank, as the investment trustee, manages the trust's investments and makes direct distributions to beneficiaries. In the 2022 fiscal year, distributions totaling $9,430,164 were made to the Buck Institute for Research on Aging, Alcohol Justice, and Education. Marin Community Foundation, as the distribution trustee, disbursed trust funds amounting to $22,729,875 to various charitable recipients in Marin County. The Foundation supports initiatives aimed at closing the educational achievement gap, developing affordable housing, increasing economic security, and reducing the environmental impacts of climate change. Grants are also awarded to areas such as immigrant integration, services for older adults, community health, legal services, arts education and community arts, social justice, and access to parks and open space.
Is Leonard & Beryl Buck Foundation CO Wells Fargo Bank legitimate?
Leonard & Beryl Buck Foundation C/O Wells Fargo Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leonard & Beryl Buck Foundation C/O Wells Fargo Bank 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Leonard & Beryl Buck Foundation CO Wells Fargo Bank
The Leonard & Beryl Buck Foundation CO Wells Fargo Bank is a charitable trust established in 1979, committed to distributing funds for non-profit charitable, religious, or educational activities in California's Marin County. The organization's mission is to make grants to deserving organizations that align with its goals.
Wells Fargo Bank serves as the investment trustee, managing the foundation's investments and making direct distributions to beneficiaries. In the 2022 fiscal year, the trustee disbursed a significant amount, totaling $9,430,164, to organizations such as the Buck Institute for Research on Aging, Alcohol Justice, and the Buck Institute for Education. Marin Community Foundation, on the other hand, acts as the distribution trustee, allocating the trust funds to various charitable recipients. These grants totaled $22,729,875 for the same fiscal year.
The Leonard & Beryl Buck Foundation CO Wells Fargo Bank focuses on supporting initiatives that aim to close the educational achievement gap, develop affordable housing, increase the economic security and upward mobility of disadvantaged individuals and families, and act as a catalyst for change in efforts to reduce the environmental impacts of climate change. The organization's grants span across various issue areas, including immigrant integration, services for older adults, community health, legal services, arts education and community arts, social justice, and access to parks and open space. By providing essential financial support to these initiatives, the foundation contributes to the overall betterment of Marin County's communities.
Impact
This information is meant to be a general summary of Leonard & Beryl Buck Foundation CO Wells Fargo Bank. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of the Leonard & Beryl Buck Foundation CO Wells Fargo Bank is substantial in supporting nonprofit charitable, religious, and educational organizations in Marin County, California. Through grants provided by the foundation, significant contributions have been made to organizations such as the Buck Institute for Research on Aging, Alcohol Justice, and the Buck Institute for Education. In the 2022 fiscal year alone, a total amount of $9,430,164 was distributed to these deserving organizations.
Additionally, the foundation works with the Marin Community Foundation to further its philanthropic efforts. The Marin Community Foundation, as the distribution trustee, allocated funds to various charitable recipients, totaling $22,729,875 in the 2022 fiscal year. These funds support MCF's strategic initiatives, which include closing the educational achievement gap, developing affordable housing, increasing economic security for poor and low-income individuals and families, and addressing climate change impacts.
Furthermore, the foundation's support extends to community grant areas such as immigrant integration, services for older adults, community health, legal services, arts education, social justice, and access to parks and open spaces. Through its philanthropic activities, the Leonard & Beryl Buck Foundation CO Wells Fargo Bank plays a crucial role in enhancing the well-being and quality of life for communities in Marin County, demonstrating its commitment to making a positive impact in various societal areas.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1979
Phone
(704) 590-2828
Principal Officer
Stacey R Ashton
Main Address
6325 S RAINBOW BLVD 3RD FL, LAS VEGAS, NV, 89118
NTEE Category
Code: T00 - Philanthropy
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