NonprofitsCentral School Of Practical Nursing Trust

Central School Of Practical Nursing Trust

BROOKLYN, OH

Total revenue

$514K

Total expenses

$570K

Net assets

$528K

Grants received

EIN

346507840

Tax year

2024

Mission

In accordance with the trust agreement dated october 15, 1954, keybank as trustee, distributes net income from this trust fund, which was established for the sole benefit of the central school of practical nursing, to the school's checking account. All income derived from this trust is used for the school expenses, the promotion of the best interests of the school, or the expansion thereof. Under the ohio institutional trust funds act of 1999, the beneficiary has chosen to receive the maximum of income based on the greater of 5% afv or traditional income. Furthermore, keybank must obtain written approval from the fund's investment committee prior to conducting any activity with the assets held in this trust fund. Keybank maintains a responsiveness to the needs and activities of the beneficiary organization in the attainment of its mission.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$514K
Other revenue
Total revenue$514K

Expenses

Grants paid$556K
Salaries & benefits$12K
Fundraising
Other expenses$2K
Total expenses$570K
Total assets$528K
Net assets$528K

People

5 listed

NameRoleCompensation

KEYBANK NA

TRUSTEE

Board

$12K

1 hrs/wk

HENRY OTT HANSEN

COMMITTEE MEMBER

Board

1 hrs/wk

GEORGIA FROLICH

COMMITTEE MEMBER

Board

1 hrs/wk

CHANDLER H EVERETT

COMMITTEE MEMBER

Board

1 hrs/wk

HENRI PELL JUNOD JR

COMMITTEE MEMBER

Board

1 hrs/wk

Details

EIN346507840
Subsection03
Ruling date1957-05
Formed1957
Employees0
CENTRAL SCHOOL OF PRACTICAL NURSING TRUST — Mission, Financials & Grants Received | Grantivo