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Augustus H Kennedy Memorial Fund Trust Nect is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 1978. The principal officer is First Trust N A. It holds total assets of $5.3M. Annual income is reported at $1.1M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Augustus H Kennedy Memorial Fund Trust Nect has made 10 grants totaling $684K, with a median grant of $85K. The foundation has distributed between $314K and $369K annually from 2021 to 2022. Individual grants have ranged from $16K to $111K, with an average award of $68K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Minnesota and District of Columbia and Florida. 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.
Augustus H Kennedy Memorial Fund Trust Nect is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MN, DC, FL.
Augustus H Kennedy Memorial Fund Trust Nect has distributed a total of $684K across 10 grants. The median grant size is $85K, with an average of $68K. Individual grants have ranged from $16K to $111K.
Augustus H Kennedy Memorial Fund Trust Nect typically selects its grantees rather than accepting unsolicited proposals.
Augustus H Kennedy Memorial Fund Trust Nect is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank Na | CORP TRUSTEE | $66K | $0 | $66K |
Total Giving
$423K
Total Assets
$5.1M
Fair Market Value
$5.6M
Net Worth
$5.1M
Grants Paid
$331K
Contributions
N/A
Net Investment Income
$407K
Distribution Amount
$265K
Total: $564K
Total Grants
10
Total Giving
$684K
Average Grant
$68K
Median Grant
$85K
Unique Recipients
6
Most Common Grant
$111K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rev Oblate Fathers IncGENERAL OPERATING | Washington Dc, DC | $111K | 2022 |
| Mayo ClinicGENERAL OPERATING | Rochester, MN | $111K | 2022 |
| Minnesota FoundationGENERAL OPERATING | Saint Paul, MN | $92K | 2022 |
| The Diocese Of MiamiGENERAL OPERATING | Miami Shores, FL | $37K | 2022 |
| Archdiocese Of St Paul & MinneapolisGENERAL OPERATING | St Paul, MN | $18K | 2022 |
| Mayo FoundationGENERAL OPERATING | Rochester, MN | $94K | 2021 |