Overview
What is Gift Clearing Trust?
Gift Clearing Trust is a nonprofit organization based in Indianapolis, Indiana, specifically at CO RENPSG 8910 Purdue Rd 500. Its primary function is to accept and liquidate complex assets on behalf of Morgan Stanley Global Impact Funding Trust Inc., an organization classified under section 501(C)(3) of the Internal Revenue Code. The trust's mission is to support and promote philanthropy globally by managing the contributions of intricate assets on Morgan Stanley Global Impact Funding Trust Inc.'s behalf.
Is Gift Clearing Trust legitimate?
Gift Clearing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gift Clearing 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.
Here 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 Gift Clearing Trust?
The Gift Clearing Trust functions solely for the benefit of Morgan Stanley Global Impact Funding Trust Inc., a charitable organization. Its primary mission is to facilitate and support the fostering and promotion of philanthropy on a global scale. The trust accepts and liquidates complex assets donated to Morgan Stanley Global Impact Funding Trust Inc. for this noble cause. These assets are then used to further the growth and influence of philanthropy around the world. The trust operates under Internal Revenue Code section 501(c)(3), designating it as a tax-exempt charitable organization.
Who is the CEO of Gift Clearing Trust?
Melanie Schnoll-Begun is the Principal Officer of Gift Clearing Trust.
What is the revenue of Gift Clearing Trust?
Gift Clearing Trust's revenue in 2022 was $255,749,182.
Who are the executives of Gift Clearing Trust and what are their salaries?
- Ms Global Impact Fund (Trustee)
Where can I find the form 990 for Gift Clearing Trust?
The Gift Clearing Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Gift Clearing Trust
Gift Clearing Trust, a trust established for the sole benefit of Morgan Stanley Global Impact Funding Trust Inc, is dedicated to fostering and promoting philanthropy on a global scale. The trust plays a crucial role in accepting and liquidating complex assets on behalf of Morgan Stanley Global Impact Funding Trust Inc. This process enables the support and advancement of philanthropic initiatives worldwide.
The Gift Clearing Trust operates with the primary objective of furthering Morgan Stanley Global Impact Funding Trust Inc's mission to foster philanthropy. By managing the liquidation of intricate assets, the trust contributes significantly to the ultimate goal of making a positive impact on communities and individuals in need across the globe. The trust's actions are executed with the utmost dedication and commitment, allowing the Morgan Stanley Global Impact Funding Trust Inc to continue its essential work.
In essence, Gift Clearing Trust serves as a vital intermediary that facilitates the conversion of intricate assets into financial resources. These resources are later directed towards philanthropic initiatives, thus amplifying their potential impact on a global scale. The trust's mission is pivotal in enabling Morgan Stanley Global Impact Funding Trust Inc to effectively allocate resources towards initiatives aimed at improving lives and creating lasting change.
Impact
This information is meant to be a general summary of Gift Clearing Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Gift Clearing Trust's impact lies in its crucial role in fostering and promoting philanthropy across the globe. By accepting and liquidating contributions of complex assets on behalf of Morgan Stanley Global Impact Funding Trust Inc., the Trust plays a significant part in supporting the mission of promoting philanthropy. This function enables the Trust to contribute to initiatives and causes that aim to make a positive difference in society by channeling resources effectively and efficiently towards philanthropic endeavors. Ultimately, Gift Clearing Trust's activities have a direct impact on facilitating and enhancing the flow of charitable support to various causes worldwide, making a meaningful difference in the lives of many individuals and communities.
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
2016
Phone
(212) 248-3260
Principal Officer
Melanie Schnoll-Begun
Main Address
CO RENPSG 8910 PURDUE RD 500, INDIANAPOLIS, IN, 46268
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Gift Clearing Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.