MS-SC TRUST FBO PHILLIPS EXETER ACADEMY
PO BOX 748, SULLIVANS ISLAND, SC 294820748

Total Revenue
$661,095
Total Expenses
$416,134
Net Assets
$7,702,144

Organizations Filed Purposes: THE TRUSTS'S MISSION IS TO PROVIDE PHILLIPS EXETER ACADEMY, NH, A 501(C)(3) EDUCATIONAL INSTITUTION, WITH FUNDS USED TO SUPPORT NEEDY STUDENTS FROM THE STATES OF MS AND SC. IN THE EVENT THAT TRUST FUNDS ARE NOT NEEDED TO SUPPORT SCHOLARSHIP STUDENTS FROM MS AND SC, TRUST FUNDS MAY BE USED TO SUPPORT NEEDY SCHOLARSHIP STUDENTS FROM ONE OF THE FOLLOWING STATES: TN, AL, AR, AND GA. IN ADDITION, THE TRUST MAY PROVIDE FUNDS TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE ACADEMY.

THE MS-SC TRUST FBO PHILLIPS EXETER ACADEMY, EXETER, NH PROVIDES THE ACADEMY WITH FUNDS TO SUPPORT NEEDY STUDENTS FROM THE STATES OF MS AND SC WHO HAVE GAINED ADMISSION TO THE ACADEMY. IF NOT NEEDED FOR SCHOLARSHIP STUDENTS FROM MS AND SC, TRUST FUNDS MAY BE PROVIDED TO NEEDY STUDENTS FROM ONE OR MORE OF THE FOLLOWING STATES: TENNESSEE, ALABAMA, ARKANSAS AND GEORGIA. THE TRUST ALSO MAY PROVIDE FUNDS TO SUPPORT EDUCATIONAL PROGRAMS OF THE ACADEMY.

THE TRUST DISTRIBUTED TO PHILLIPS EXETER ACADEMY $209,265 IN 2019 TO PROVIDE SCHOLARSHIP AID FOR NEEDY STUDENTS FROM MS AND SC FOR THE ACADEMIC YEAR OF 2019. TRUST FUNDS NOT NEEDED TO SUPPORT SCHOLARSHIP STUDENTS FROM MS AND SC WERE MADE AVAILABLE TO PROVIDE SCHOLARSHIP AID TO STUDENTS FROM ONE OR MORE OF THE FOLLOWING STATES: TN, AL, AR AND GA.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
John F Hassell IiiTRUSTEE1$0
W Hodding CarterTRUSTEE1$0
Joseph FellowsTRUSTEE1$0
Timothy D PittmanTRUSTEE1$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-990/202012699349300341_public.xml