Overview
What is Ross Beason Residuary Trust?
The Ross Beason Residuary Trust is a charitable organization situated in Chicago, Illinois. Its primary mission is to provide financial support to The Culver Educational Foundation. This support is manifested in the form of grants issued directly to the foundation. While the specific activities or projects funded by the Trust are not specified, its primary role is to strengthen and contribute to the work of The Culver Educational Foundation.
Is Ross Beason Residuary Trust legitimate?
Ross Beason Residuary Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ross Beason Residuary 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: $36,278
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ross Beason Residuary Trust?
The Ross Beason Residuary Trust is an entity that supports the Culver Educational Foundation. Its mission, in essence, is to provide financial aid to this foundation through a grant. By doing so, it contributes to the work and objectives of the Culver Educational Foundation, without disclosing specific details regarding its mission or objectives. The trust operates independently, and its primary function is to provide financial assistance to the Culver Educational Foundation. While the trust does not have a public mission statement, its grant-giving activity aligns with supporting the educational initiatives of the Culver Educational Foundation.
Who is the CEO of Ross Beason Residuary Trust?
Northern Trust N A is the Trustee of Ross Beason Residuary Trust.
What is the revenue of Ross Beason Residuary Trust?
Ross Beason Residuary Trust's revenue in 2022 was $185,317.
Who are the executives of Ross Beason Residuary Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $36,278
- Related: $0
- Other: $0
Where can I find the form 990 for Ross Beason Residuary Trust?
Ross Beason Residuary Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ross Beason Residuary Trust
The Ross Beason Residuary Trust is a philanthropic entity that is committed to supporting the Culver Educational Foundation. In its mission, the Trust provides financial aid to this organization through a grant. This grant is instrumental in enabling the Culver Educational Foundation to carry out its activities effectively. The Ross Beason Residuary Trust, with its grant, plays a significant role in strengthening the Culver Educational Foundation's capacity to fulfill its objectives. The Trust's mission is to contribute positively to the work of the Culver Educational Foundation, thereby making a difference in the lives of those it serves.
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Impact
October, 2024
The Ross Beason Residuary Trust significantly impacts the educational landscape by providing essential financial support to The Culver Educational Foundation. Through its grant contributions, the trust facilitates programs and initiatives that enhance educational opportunities, resources, and services for students. This support not only strengthens the foundation but also fosters an environment where learning and development can thrive, ultimately benefiting the broader community. Located in Chicago, IL, the trust exemplifies a commitment to philanthropy, ensuring that future generations have access to quality education and enriching experiences.
This information is meant to be a general summary of Ross Beason Residuary 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: $185,317
- Gross Receipts: $1,214,482
Assets and Liabilities:
- Total Assets: $4,532,775
- Total Liabilities: $0
- Net Assets: $4,532,775
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Organization Details
Founding Year
1964
Phone
(312) 630-6000Principal Officer
Northern Trust N A
Main Address
PO BOX 803878, CHICAGO, IL, 60680
NTEE Category
Code: T00 - Philanthropy
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