PITTMAN EDUCATIONAL TRUST FBO FIRST BAPTIST CHURCH OF CLEVELAND MS
2313 ION AVENUE, SULLIVANS ISLAND, SC 29482

Total Revenue
$4,908,236
Total Expenses
$6,204,465
Net Assets
$0

Organizations Filed Purposes: THE PRIMARY MISSION OF THE MAUDE ELIZABETH PITTMAN EDUCATION TRUST F/B/O THE FIRST BAPTIST CHURCH OF CLEVELAND, MS IS TO PROVIDE FUNDING TO THE CHURCH FOR SCHOLARSHIP SUPPORT FOR NEEDY MINISTERIAL STUDENTS AND FUNDING FOR OTHER EDUCATIONAL PROGRAMS OF THE FIRST BAPTIST CHURCH. FUNDS ARE ALSO PROVIDED TO DELTA STATE UNIVERSITY FOUNDATION, INC. OF CLEVELAND, MS TO BE USED EXCLUSIVELY FOR SCHOLARSHIP SUPPORT OF NEEDY DELTA STATE UNIVERSITY STUDENTS.IN 2018, THE BOARD APPROVED THE DISSOLUTION OF THE TRUST WITH THE FUNDS BEING DISTRIBUTED 33% TO FIRST BAPTIST CHURCH OF CLEVELAND MISSISSIPPI AND 67% TO DELTA STATE UNIVERSITY FOUNDATION. AT THE END OF 2018 ALL FUNDS ON HAND HAD BEEN DISTRIBUTED. HOWEVER, IN 2019 ADDITIONAL FUNDS FROM A CLASS ACTION SETTLEMENT WERE RECEIVED, THEREFORE THE 2018 RETURN IS NOT THE FINAL RETURN FOR THE TRUST.

THE TRUST HAS DISTRIBUTED FUNDS TO BE USED BY THE CHURCH FOR SCHOLARSHIPS FOR NEEDY MINISTERIAL STUDENTS IN MS AND FOR OTHER EDUCATIONAL PROGRAMS OF THE FIRST BAPTIST CHURCH OF CLEVELAND, MISSISSIPPI. THE TRUST DISTRIBUTED $2,060,363 IN 2018 TO SUPPORT THESE CAUSES AND ALSO IN DISSOLUTION OF THE TRUST.IN 2016 THE TRUST ADDED THE DELTA STATE UNIVERSITY FOUNDATION, INC AS A SUPPORTED ORGANIZATION. THE TRUST DISTRIBUTED $4,061,228 IN 2018 TO DELTA STATE UNIVERSITY FOUNDATION TO BE USED EXCLUSIVELY TO PROVIDE SCHOLARSHIP SUPPORT FOR NEEDY STUDENTS TO ATTEND DELTA STATE UNIVERSITY OF CLEVELAND, MS AND ALSO IN DISSOLUTION OF THE TRUST.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
William N LaforgeTRUSTEE1$0
Reverend Brad BeckwithTRUSTEE1$0
Joan C PittmanTRUSTEE1$0
Jennifer L PittmanTRUSTEE1$0
Patricia D RoweTRUSTEE1$0
Ryan F WhitleyTRUSTEE1$0
Fred E Pittman MdFOUNDER TRUSTEE3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201942279349302219_public.xml