Boy Scouts of America Trust Fund

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.
46183691
EIN
1967
Founded
bsa.scouting.org
Web
Description

Boy Scouts of America Trust Fund

The Boy Scouts of America Trust Fund, associated with the Boy Scouts of America (now known as Scouting America), is involved in managing financial resources crucial for the organization's operations and its charitable efforts. However, specific information about a distinct entity named "Boy Scouts of America Trust Fund" with EIN: 46183691 is not readily available in the standard sources.

Overview

The Boy Scouts of America, now renamed Scouting America, has historically been one of the largest youth organizations in the United States. It has a long-standing tradition of character development and community service. While a specific trust fund under this name is not documented in the general sources, Scouting America does engage with various financial instruments to support its mission.

Financial Management in Scouting America

Scouting America, like its predecessor, relies on a variety of financial support mechanisms, including donations and endowments. The National Boy Scouts of America Foundation plays a significant role in securing long-term financial stability through charitable trusts and donations. These funds are essential for supporting local councils and programs across the country.

Claims and Settlements

Separately, a Scouting Settlement Trust has been established as part of the bankruptcy proceedings of the Boy Scouts of America. This trust aims to provide financial compensation to survivors of abuse, utilizing a claims matrix to evaluate the severity of abuse and its impact on individuals. The trust receives contributions from the organization and its insurers to fund these claims.

Purpose and Impact

While specific details about the Boy Scouts of America Trust Fund are limited, the broader financial management strategies of Scouting America are designed to ensure the continued delivery of educational programs and community services. The organization's mission focuses on developing youth through outdoor activities and leadership development, maintaining its relevance as a major youth organization in the United States.

[1] https://www.wagstafflawfirm.com/boy-scouts-of-america-bsa-settlement-trust [2] https://en.wikipedia.org/wiki/Scouting_America [3] http://scouters.us/Endowments/bsafoundation.html [4] https://en.wikipedia.org/wiki/Scouts_BSA [5] https://www.youtube.com/watch?v=HgIKqmDtPjU

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