Overview
What is Denver Area Council Boy Scouts Of America Trust?
The Denver Area Council Boy Scouts of America Trust is a perpetual endowment established by the Boy Scouts of America, Greater Colorado Council 61, in 1984. Its primary purpose is to receive and invest endowment contributions solely for the benefit of the council. The trust distributes investment income, with 4.5% of the twelve-quarter rolling average of the trust investment balances being made available for general and donor-specified purposes annually. As of December 31, 2022, the distribution amount totaled 1,070,000. The trust's mission is to operate for the use and benefit of the Boy Scouts of America, Greater Colorado Council 61. The trust's address is located in Denver, Colorado.
Is Denver Area Council Boy Scouts Of America Trust legitimate?
Denver Area Council Boy Scouts Of America Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Area Council Boy Scouts Of America 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 Denver Area Council Boy Scouts Of America Trust?
The Denver Area Council Boy Scouts of America Trust was established with a mission to benefit the Boy Scouts of America, specifically the Greater Colorado Council 61. This perpetual trust receives and invests endowment contributions, with the aim of distributing investment income to the council for its general purposes and for specific purposes as designated by donors. The trust's income is intended to support the council's activities, contributing to its overall operations and objectives.
Who is the CEO of Denver Area Council Boy Scouts Of America Trust?
Charles W Brasfeild Iii is the Scout Exec./ of Denver Area Council Boy Scouts Of America Trust.
What is the revenue of Denver Area Council Boy Scouts Of America Trust?
Denver Area Council Boy Scouts Of America Trust's revenue in 2022 was $2,001,342.
Who are the executives of Denver Area Council Boy Scouts Of America Trust and what are their salaries?
- Charles W Brasfeild Iii (Scout Exec./)
- G Jackson Tankersley Jr (Chairman) [Trustee/Director]
- Mark E Honnen (Board Member) [Trustee/Director]
- Mathew N Stava (Board Member) [Trustee/Director]
- Robert L Manning Jr (Board Member) [Trustee/Director]
- Charles S Mcneil (Board Member) [Trustee/Director]
- David J Steiner (Board Member) [Trustee/Director]
Where can I find the form 990 for Denver Area Council Boy Scouts Of America Trust?
The Denver Area Council Boy Scouts Of America Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Denver Area Council Boy Scouts Of America Trust
The Denver Area Council Boy Scouts of America Trust, established in 1984, serves as a perpetual trust for the benefit of the Boy Scouts of America, Greater Colorado Council 61. This trust's primary mission is to receive and invest endowment contributions, with the intention of distributing the investment income back to the Council. The income derived from the trust is designed to support the general purposes of the Council, as well as specific purposes specified by donors. The Denver Area Council Boy Scouts of America Trust aims to contribute to the overall well-being and objectives of the Boy Scouts of America, Greater Colorado Council 61, thereby playing a crucial role in its operations.
Impact
This information is meant to be a general summary of Denver Area Council Boy Scouts Of America Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The Denver Area Council Boy Scouts of America Trust has a significant impact on youth development in the Greater Colorado Council 61 area. Through its endowment contributions and distribution of investment income, the Trust supports the general purposes of the Boy Scouts of America, providing vital resources for programs and initiatives that benefit local youth. By providing financial support and resources, the Trust helps the Boy Scouts of America, Greater Colorado Council 61, to offer valuable opportunities for personal growth, leadership development, and outdoor experiences to young individuals in the Denver area.
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
1984
Phone
(303) 455-5522
Principal Officer
Charles W Brasfeild Iii
Main Address
10455 WEST 6TH AVENUE SUITE 100, DENVER, CO, 80215
NTEE Category
Code: O40 - Youth development
If you are a representative of Denver Area Council Boy Scouts Of America 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.