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Aj & Md Ruggiero Memorial Trust is a private association based in CHICAGO, IL. The foundation received its IRS ruling in 1996. The principal officer is Bank One Arizona Na Ttee. It holds total assets of $7.4M. Annual income is reported at $2.1M. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Aj & Md Ruggiero Memorial Trust has made 6 grants totaling $1.2M, with a median grant of $188K. The foundation has distributed between $360K and $420K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $420K distributed across 2 grants. Individual grants have ranged from $144K to $260K, with an average award of $195K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Arizona and Massachusetts. Contributions to this foundation are tax-deductible.
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.
Aj & Md Ruggiero Memorial Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in AZ, MA.
Aj & Md Ruggiero Memorial Trust has distributed a total of $1.2M across 6 grants. The median grant size is $188K, with an average of $195K. Individual grants have ranged from $144K to $260K.
Aj & Md Ruggiero Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Aj & Md Ruggiero Memorial Trust is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$507K
Total Assets
$7.2M
Fair Market Value
$9.2M
Net Worth
$7.2M
Grants Paid
$388K
Contributions
N/A
Net Investment Income
$868K
Distribution Amount
$424K
Total: $7M
Total Grants
6
Total Giving
$1.2M
Average Grant
$195K
Median Grant
$188K
Unique Recipients
2
Most Common Grant
$160K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reid Park Zoological SocietyGENERAL | Tuscon, AZ | $240K | 2023 |
| Friends Of Mount Auburn CemeteryGENERAL | Cambridge, MA | $148K | 2023 |