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Ann B Tebbetts Scholarship Fund is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2003. The principal officer is Merrill Lynch Trust Company Trust. It holds total assets of $8M. Annual income is reported at $6.2M. Total assets have grown from $5.4M in 2011 to $7.1M in 2022. 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 2020 to 2024. According to available records, Ann B Tebbetts Scholarship Fund has made 4 grants totaling $1.3M, with a median grant of $337K. Annual giving has decreased from $1M in 2022 to $322K in 2024. Individual grants have ranged from $322K to $337K, with an average award of $333K. Grant recipients are concentrated in Rhode Island. 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.
Ann B Tebbetts Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in RI.
Ann B Tebbetts Scholarship Fund has distributed a total of $1.3M across 4 grants. The median grant size is $337K, with an average of $333K. Individual grants have ranged from $322K to $337K.
Ann B Tebbetts Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Ann B Tebbetts Scholarship Fund is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $77K | $0 | $77K |
Total Giving
$428K
Total Assets
$7.1M
Fair Market Value
$7.6M
Net Worth
$7.1M
Grants Paid
$346K
Contributions
N/A
Net Investment Income
$142K
Distribution Amount
$365K
Total: $3M
Total Grants
4
Total Giving
$1.3M
Average Grant
$333K
Median Grant
$337K
Unique Recipients
1
Most Common Grant
$337K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityGENERAL OPERATING | Providence, RI | $322K | 2024 |