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Aspiring Angels Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2014. The principal officer is Bank Of America Na. It holds total assets of $3.5M. Annual income is reported at $841K. Total assets have grown from $962K in 2013 to $3.4M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Illinois and Maryland. According to available records, Aspiring Angels Foundation has made 7 grants totaling $304K, with a median grant of $42K. The foundation has distributed between $140K and $164K annually from 2022 to 2023. Individual grants have ranged from $40K to $50K, with an average award of $43K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Illinois, Maryland, Nebraska, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$45K
Median Grant
$45K
Average Grant
$47K
Largest Grant
$50K
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.
Aspiring Angels Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in IL, MD, NE.
Aspiring Angels Foundation has distributed a total of $304K across 7 grants. The median grant size is $42K, with an average of $43K. Individual grants have ranged from $40K to $50K.
To provide support for religious, charitable, scientific, literary, and/or educational purposes.
Aspiring Angels Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $31K | $0 | $31K |
Total Giving
$200K
Total Assets
$3.4M
Fair Market Value
$4.1M
Net Worth
$3.4M
Grants Paid
$164K
Contributions
N/A
Net Investment Income
$98K
Distribution Amount
$188K
Total Grants
7
Total Giving
$304K
Average Grant
$43K
Median Grant
$42K
Unique Recipients
6
Most Common Grant
$45K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Search Dog FoundationUNRESTRICTED GENERAL | Santa Paula, IL | $42K | 2023 |
| Muscular Dystrophy AssociationUNRESTRICTED GENERAL | Chicago, IL | $42K | 2023 |
| St Jude Children'S Research HospitalUNRESTRICTED GENERAL | Memphis, TN | $40K | 2023 |
| Boys TownUNRESTRICTED GENERAL | Boys Town, NE | $40K | 2023 |
| Care UsaUNRESTRICTED GENERAL | Silver Spring, MD | $50K | 2022 |
| Planned Parenthood Of IllinoisUNRESTRICTED GENERAL | Chicago, IL | $45K | 2022 |