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Alice V Casto Charitable Trust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2011. The principal officer is % Bank Of America Na. It holds total assets of $2M. Annual income is reported at $1.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Alice V Casto Charitable Trust has made 3 grants totaling $268K, with a median grant of $87K. The foundation has distributed between $87K and $94K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $94K distributed across 1 grants. Individual grants have ranged from $87K to $94K, with an average award of $89K. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Alice V Casto Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in WV.
Alice V Casto Charitable Trust has distributed a total of $268K across 3 grants. The median grant size is $87K, with an average of $89K. Individual grants have ranged from $87K to $94K.
Alice V Casto Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Alice V Casto Charitable Trust is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $30K | $0 | $30K |
Total Giving
$118K
Total Assets
$1.9M
Fair Market Value
$2.3M
Net Worth
$1.9M
Grants Paid
$87K
Contributions
$0
Net Investment Income
$52K
Distribution Amount
$107K
Total: $1.8M
Total Grants
3
Total Giving
$268K
Average Grant
$89K
Median Grant
$87K
Unique Recipients
1
Most Common Grant
$87K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marshall University FoundationGENERAL OPERATING | Huntington, WV | $87K | 2024 |
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