Small Public Charity

PPIC TRUST

PPIC TRUST is a nonprofit organization categorized as Small Public Charity based in NEW YORK, NY. Its most recent IRS filing (2024) reports expenses of $3K, total assets of $6K.

EIN: 137305784 NEW YORK, NY Support N.E.C. NTEE: E19 Latest filing: 2024
Total Expenses$3K
Total Assets$6K
Grant Records0
Filing Years2020–2024

Mission

TO HOLD ALL OF THE ISSUED AND OUTSTANDING SHARES OF PLANNED PROTECTION INSURANCE CO., LTD. ("PPIC"), A BERMUDA CORPORATION, WHICH WAS FORMED TO ACT AS A "CAPTIVE" SELF-INSURANCE FUNDING FACILITY WITH RESPECT TO PROFESSIONAL LIABILITY AND SIMILAR EXPOSURES ARISING FROM THE CHARITABLE SERVICES OF THE TRUST'S TAX-EXEMPT BENEFICIARIES. THE TRUST'S PRIMARY RESPONSIBILITIES ARE (1) TO ELECT THE BOARD OF PPIC AND OTHERWISE EXERCISE VOTING RIGHTS AS PPIC'S SOLE STOCKHOLDER, (2) TO DISTRIBUTE AMOUNTS RECEIVED UPON THE ISSUANCE OF A DIVIDEND OR UPON THE LIQUIDATION AND DISSOLUTION OF PPIC, AND (3) TO REPORT ANNUALLY TO THE TRUST'S BENEFICIARIES ABOUT THE FOREGOING.

Officers & Directors

TRUSTEE D Johnson
TRUSTEE H Carter
BOARD CHAIR K Lambrecht
TRUSTEE L Meyers
TRUSTEE T Pugh

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3K $6K
2023 $3K $9K
2022 $10K $3K $15K
2021 $3K $5K
2020 $3K $7K

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PPIC TRUST

Complete financials, all 0 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time