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Albert G Rives Charitable Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2007. The principal officer is Wachovia Bank Na Nc6732. It holds total assets of $2.2M. Annual income is reported at $950K. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Albert G Rives Charitable Trust has made 12 grants totaling $545K, with a median grant of $46K. The foundation has distributed between $122K and $146K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $146K distributed across 3 grants. Individual grants have ranged from $41K to $49K, with an average award of $45K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$41K
Median Grant
$41K
Average Grant
$41K
Largest Grant
$41K
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 G Rives Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in AL.
Albert G Rives Charitable Trust has distributed a total of $545K across 12 grants. The median grant size is $46K, with an average of $45K. Individual grants have ranged from $41K to $49K.
Albert G Rives Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Albert G Rives Charitable Trust is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $35K | $0 | $35K |
Total Giving
$196K
Total Assets
$2.2M
Fair Market Value
$2.8M
Net Worth
$2.2M
Grants Paid
$146K
Contributions
N/A
Net Investment Income
$38K
Distribution Amount
$132K
Total Grants
12
Total Giving
$545K
Average Grant
$45K
Median Grant
$46K
Unique Recipients
3
Most Common Grant
$49K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southside Baptist ChurchGENERAL OPERATING | Birmingham, AL | $49K | 2023 |
| University Of Al School Of LawGENERAL OPERATING | Tuscaloosa, AL | $49K | 2023 |
| Samford UniversityGENERAL OPERATING | Birmingham, AL | $49K | 2023 |