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Albert D Banta Trust R74882003 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1992. The principal officer is J P Morgan Chase Bank Na. It holds total assets of $1.6M. Annual income is reported at $488K. Total assets have grown from $997K in 2013 to $1.6M in 2023. 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 2017 to 2023. The foundation primarily funds organizations in Texas and Tennessee. According to available records, Albert D Banta Trust R74882003 has made 6 grants totaling $149K, with a median grant of $25K. The foundation has distributed between $73K and $76K annually from 2022 to 2023. Individual grants have ranged from $24K to $25K, with an average award of $25K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Texas and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$20K
Average Grant
$20K
Largest Grant
$20K
Based on 3 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.
Albert D Banta Trust R74882003 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX, TN.
Albert D Banta Trust R74882003 has distributed a total of $149K across 6 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $24K to $25K.
Albert D Banta Trust R74882003 typically selects its grantees rather than accepting unsolicited proposals.
Albert D Banta Trust R74882003 is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $25K | $0 | $25K |
Total Giving
$139K
Total Assets
$1.6M
Fair Market Value
$2.7M
Net Worth
$1.6M
Grants Paid
$76K
Contributions
N/A
Net Investment Income
$467K
Distribution Amount
$117K
Total: $1.3M
Total Grants
6
Total Giving
$149K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
3
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas A & M UniversityGENERAL | College Station, TX | $25K | 2023 |
| Rhodes CollegeGENERAL | Memphis, TN | $25K | 2023 |
| Austin CollegeGENERAL | Sherman, TX | $25K | 2023 |