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Nonprofiteer
← TRUST EDUCATION FOUNDATION INC

Form 990-PF for tax year 2023

Filed by TRUST EDUCATION FOUNDATION INC.

Totals

Total revenue
$384,406
Total expenses
$378,189
Contributions and grants received
$5,500
Contributions, gifts and grants paid
$159,600
Fair market value of assets, end of year
$1,756,266

Listed in Part VIII

  • Jason Niell

    CHAIRMAN

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    15
  • Lawrence Chambers

    PRESIDENT

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    5
  • Jimmy Witherspoon

    SECRETARY/TREASURER

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    10
  • Patrick W Alyward

    EXECUTIVE DIRECTOR

    Total calculated
    $32,500
    Compensation
    $32,500
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    5

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$159,600
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$159,600
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return's accounting method is not recorded as accrual or cash. Under accrual, a grant is recorded when the foundation commits to it rather than when it pays, so the books total need not agree with the cash figures in this section: a grant promised one year and paid in another is counted in different years.

  • CAMPBELL UNIVERSITY

    $159,600

    BUIES CREEK, NC

    EDUCATION

Provenance

Return type
form_990_pf
Tax year
2023
Filed
10 October 2024
IRS schema version
2023v5.1
Source object
202422849349101527

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