Also known as: C/O BESSEMER TRUST
Allen Fam Foundation Ac1q35 Trust is a private trust based in WOODBRIDGE, NJ. The foundation received its IRS ruling in 2022. The principal officer is % Bessemer Trust Company. It holds total assets of $16.8M. Annual income is reported at $5.4M. According to available records, Allen Fam Foundation Ac1q35 Trust has made 14 grants totaling $1.9M, with a median grant of $30K. Annual giving has decreased from $1.3M in 2022 to $660K in 2023. Individual grants have ranged from $5K to $500K, with an average award of $138K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Illinois, Iowa, New York, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Allen Fam Foundation Ac1q35 Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL, IA, NY.
Allen Fam Foundation Ac1q35 Trust has distributed a total of $1.9M across 14 grants. The median grant size is $30K, with an average of $138K. Individual grants have ranged from $5K to $500K.
Allen Fam Foundation Ac1q35 Trust typically selects its grantees rather than accepting unsolicited proposals.
Allen Fam Foundation Ac1q35 Trust is headquartered in WOODBRIDGE, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bessemer Trust Company | CORPORATE TRUSTEE | $13K | $0 | $13K |
Total Giving
$699K
Total Assets
$14.9M
Fair Market Value
$14.2M
Net Worth
$14.9M
Grants Paid
$660K
Contributions
$625K
Net Investment Income
$290K
Distribution Amount
$650K
Total: $13.2M
Total Grants
14
Total Giving
$1.9M
Average Grant
$138K
Median Grant
$30K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| William Butterworth FoundationGENERAL SUPPORT | Moline, IL | $500K | 2022 |
| Evans Scholars FoundationGENERAL SUPPORT | Glenview, IL | $500K | 2023 |
| United Way Quad CitiesGENERAL SUPPORT | Bettendorf, IA | $100K | 2023 |
| Birdies For CharityGENERAL SUPPORT | East Moline, IL | $30K | 2023 |
| Make A Wish Foundation Of IowaGENERAL SUPPORT | Urbandale, IA | $30K |
| 2023 |
| World Food Program UsaGENERAL SUPPORT | New York, NY | $5K | 2022 |
| Save The ChildrenGENERAL SUPPORT | Fairfield, CT | $5K | 2022 |
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