Trinity Episcopal School Endowment Trust

Overview

The Trinity Episcopal School Endowment Trust (EIN: 746374061) is a nonprofit organization dedicated to providing ongoing financial support to the Trinity Episcopal School. It operates as a public charity, primarily focusing on religious and educational purposes.

Mission and Activities

The mission of the Trinity Episcopal School Endowment Trust is to ensure stable financial resources for the educational programs and services offered by Trinity Episcopal School. The organization is committed to fostering a strong academic environment while promoting values consistent with its religious affiliation.

Financial Information

As of the fiscal year ending June 2023, the Trinity Episcopal School Endowment Trust reported total revenue of approximately $1.23 million, with expenses totaling around $255,000. The organization's total assets were valued at approximately $6.14 million, while total liabilities stood at $69,900. Major sources of revenue included:

• Contributions: $49,545 (11.2%)
• Investment Income: $110,749 (25.0%)
• Sales of Assets: $281,869 (63.7%)

The trust has demonstrated a strong financial position, reflecting its ability to manage and allocate resources effectively for its charitable activities.

Governance

The organization is governed by a board of trustees, who are responsible for overseeing its operations and ensuring that the trust fulfills its mission. The trustees do not receive compensation for their service, ensuring that the organization's funds are directed towards its charitable objectives.

Performance Rating

The Trinity Episcopal School Endowment Trust has received a high performance rating of 94%, which translates to a Four-Star rating from independent evaluators. This rating is indicative of the trust's commitment to transparency and effective financial management.

Conclusion

The Trinity Episcopal School Endowment Trust plays a vital role in supporting the educational endeavors of Trinity Episcopal School, ensuring that it can continue to provide quality education within a religious framework. Through prudent financial management and community support, the trust aims to sustain and enhance its impact on students and the broader educational community.