Boy Scouts of America Trust Fund
The Mission of the Boy Scouts of America is to prepare young people to make ethical choices over their lifetime by instilling in them the values of the Scout Oath and Law. To support Boy Scouts of America, visit www.give2bsa.org.
Boy Scouts of America Trust Fund
The Boy Scouts of America Trust Fund, also related to financial initiatives within the Boy Scouts of America (BSA), operates under the umbrella of Scouting's financial management and support systems. However, specific details about a fund named "Boy Scouts of America Trust Fund" with EIN 376203585 are not widely documented in available sources. Instead, the BSA and its affiliates manage various financial instruments and trusts to support their programs and address organizational needs.
Background
The Boy Scouts of America, now officially known as Scouting America, is a prominent youth organization dedicated to character development, citizenship, and outdoor skills. Founded in 1910, it serves over a million youth across the United States. The organization is supported by various financial mechanisms, including donations, trusts, and endowments.
Financial Mechanisms
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Scouting Settlement Trust: Established in response to sexual abuse allegations, this trust is not directly linked to the "Boy Scouts of America Trust Fund." It features a $2.46 billion fund to compensate survivors and support organizational reforms[3].
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National BSA Foundation: The National Boy Scouts of America Foundation serves as a key financial support arm, managing endowments, trusts, and other financial instruments to benefit Scouting programs. It supports local councils and offers tax-deductible donation opportunities[1].
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Trust Distribution Procedures (TDP): This process outlines the evaluation and compensation framework for abuse claims, reflecting a structured approach to addressing past incidents within the organization[5].
Tax Exemption
Entities associated with the Boy Scouts of America typically qualify as 501(c)(3) organizations, allowing donors to claim tax deductions on their contributions[1][2].
Conclusion
While the specific "Boy Scouts of America Trust Fund" may not be directly documented, the Boy Scouts of America (Scouting America) and its affiliates manage a complex financial landscape through foundations and trusts. These mechanisms support both the organization's mission and address historical challenges such as abuse compensation.
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