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Educational Foundation Scholarship Endowment Trust

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

EIN: 566094839 ✦ Chapel hill, NC ✦ Designated as a 501(c)(3)

Overview

What is Educational Foundation Scholarship Endowment Trust?

The Educational Foundation Scholarship Endowment Trust is a nonprofit entity established to support scholarships for student-athletes attending the University of North Carolina at Chapel Hill. Operating under the guidance of the Educational Foundation, Inc., it channels funds to this organization to provide financial aid for deserving athletes. Organized specifically for this charitable purpose, the Trust functions as the Foundation's agent in distributing scholarships.


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Is Educational Foundation Scholarship Endowment Trust legitimate?

Educational Foundation Scholarship Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Foundation Scholarship Endowment 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


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What is the mission statement of Educational Foundation Scholarship Endowment Trust?

The Educational Foundation Scholarship Endowment Trust is a charitable organization dedicated to providing financial assistance for scholarships for student-athletes at the University of North Carolina at Chapel Hill. Established for this specific purpose, the Trust operates under the guidance of the Educational Foundation, Inc., acting as its agent to distribute funds. The Trust's primary goal is to support deserving student-athletes in their academic pursuits, with the aim of fostering their personal and athletic development. The Trust's disbursements to the Educational Foundation enable the provision of valuable scholarships to these talented individuals.


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Who is the CEO of Educational Foundation Scholarship Endowment Trust?

John Montgomery is the Executive Director of Educational Foundation Scholarship Endowment Trust.


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What is the revenue of Educational Foundation Scholarship Endowment Trust?

Educational Foundation Scholarship Endowment Trust's revenue in 2022 was $25,037,284.


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Who are the executives of Educational Foundation Scholarship Endowment Trust and what are their salaries?

Here are 10 key members and their salaries:

    John Montgomery (Executive Director)
  • Compensation: $0
  • Related: $509,113
  • Other: $45,276

    • Ken Mack (Senior Asssociate Executive Director For Operation)
  • Compensation: $0
  • Related: $252,385
  • Other: $33,196

    • Diane Aldridge (Cfo & General Counsel)
  • Compensation: $0
  • Related: $212,074
  • Other: $26,361

    • Matt Terrell (Chief Strategy & Communications Officer)
  • Compensation: $0
  • Related: $179,857
  • Other: $25,293

    • Emily Coble (Senior Director Of Finance)
  • Compensation: $0
  • Related: $105,718
  • Other: $20,789

    • Ken Williams (Investment Committee Membe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Chewning (Investment Committee Membe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lowry Caudill (Investment Committee Membe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Munroe Cobey (Investment Committee Membe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Brenner (Investment Committee Membe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ramsclub.com

    Where can I find the form 990 for Educational Foundation Scholarship Endowment Trust?

    The Educational Foundation Scholarship Endowment Trust’s most recent form 990 was submitted in 2022 and can be accessed here


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    Mission Statement of Educational Foundation Scholarship Endowment Trust

    The Educational Foundation Scholarship Endowment Trust is a charitable entity dedicated to forwarding funds to the Educational Foundation, Inc. for the provision of scholarships to student-athletes at the University of North Carolina at Chapel Hill. Established specifically for this purpose, the Trust functions as the Foundation's agent in granting financial assistance to deserving athletes.

    The Trust's mission revolves around bolstering the educational pursuits of student-athletes at the University of North Carolina at Chapel Hill. By distributing funds to the Educational Foundation, it enables the organization to award scholarships to these talented individuals. The Trust's operation is exclusively focused on this objective, with its activities overseen and managed by the Educational Foundation, Inc.

    The Educational Foundation Scholarship Endowment Trust plays a vital role in supporting student-athletes at the University of North Carolina at Chapel Hill. Through its financial contributions, it empowers these athletes to focus on their academics while participating in their respective sports, thereby fostering a well-rounded college experience. The Trust's dedication to this cause ensures that deserving student-athletes receive the necessary financial assistance to further their education and pursue their athletic passions.

    Impact

    This information is meant to be a general summary of Educational Foundation Scholarship Endowment Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Educational Foundation Scholarship Endowment Trust's impact is significant in providing financial support for scholarships awarded to student-athletes at the University of North Carolina at Chapel Hill. This support enables student-athletes to pursue their academic and athletic goals simultaneously, helping them achieve success both on and off the field. By forwarding distributions to the Educational Foundation, Inc., the Trust plays a crucial role in ensuring that student-athletes have the necessary resources to excel in their studies and athletic endeavors. Overall, the Trust's work directly contributes to the educational and personal development of student-athletes, enhancing their opportunities for success in the university environment and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $13,981,575
  • Program Service Revenue: $0
  • Gross Receipts: $25,052,260

    • Assets and Liabilities:
  • Total Assets: $400,369,374
  • Total Liabilities: $17,748
  • Net Assets: $400,351,626
  • Organization Details

    Founding Year

    1968

    Principal Officer

    John Montgomery

    Main Address

    450 SKIPPER BOWLES DRIVE, CHAPEL HILL, NC, 27599

    NTEE Category

    Code: B820 - Education

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