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Adele Gifford Residuary Trust is a private trust based in MANCHESTER, NH. The foundation received its IRS ruling in 1978. The principal officer is Td Bank Na Ttee Fiduciary Tx Dept. It holds total assets of $12M. Annual income is reported at $6.3M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York, New Hampshire and Pennsylvania. According to available records, Adele Gifford Residuary Trust has made 16 grants totaling $3M, with a median grant of $193K. Annual giving has grown from $655K in 2021 to $2.3M in 2022. Individual grants have ranged from $164K to $193K, with an average award of $186K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and New Hampshire and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$193K
Median Grant
$193K
Average Grant
$193K
Largest Grant
$193K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Adele Gifford Residuary Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, NH, PA.
Adele Gifford Residuary Trust has distributed a total of $3M across 16 grants. The median grant size is $193K, with an average of $186K. Individual grants have ranged from $164K to $193K.
Adele Gifford Residuary Trust typically selects its grantees rather than accepting unsolicited proposals.
Adele Gifford Residuary Trust is headquartered in MANCHESTER, NH. While based in NH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Harold C Hansen Esq | Co-Trustee | $16K | $0 | $16K |
Total Giving
$816K
Total Assets
$12.4M
Fair Market Value
$12.6M
Net Worth
$12.4M
Grants Paid
$669K
Contributions
N/A
Net Investment Income
$131K
Distribution Amount
$621K
Total: $12.2M
Total Grants
16
Total Giving
$3M
Average Grant
$186K
Median Grant
$193K
Unique Recipients
4
Most Common Grant
$193K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Roman Catholic Bishop OfGENERAL OPERATIONS | Manchester, NH | $193K | 2022 |
| Felician Sisters Of The ThirdGENERAL OPERATIONS | Beaver Falls, PA | $193K | 2022 |
| Albany Medical CollegeGENERAL OPERATIONS | Albany, NY | $193K | 2022 |
| Healthalliance HospitalGENERAL OPERATIONS | Lake Katrine, NY | $193K | 2022 |