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Also known as: AND LIBRARY TRUST
Bailey Farmington Village Green And Library Trust is a private trust based in FARMINGTON, CT. The foundation received its IRS ruling in 2010. The principal officer is % William Wollenberg. It holds total assets of $561K. Annual income is reported at $76K. THE BAILEY FARMINGTON VILLAGE GREEN AND LIBRARY TRUST (TRUST) WAS CREATED UNDER THE TRUST AGREEMENT OF ALMA B. TAYLOR ON OCTOBER 3, 2005. ACCORDING TO THE TRUST AGREEMENT, THE TRUSTEE SHALL FUND PROJECTS FOR THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION (ASSOCIATION) LOCATED IN FARMINGTON, CONNECTICUT OUT OF THE NET INCOME OF THE TRUST. THE ASSOCIATION IS AN EDUCATIONAL ENTITY EXEMPT UNDER INTERNAL REVENUE SERVICE SECTION 501(C) 3. THE PROJECTS SHALL BE SELECTED IN A MANNER PURSUANT TO ARTICLE III OF THE TRUST AGREEMENT. IN THE EVENT THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION IS NO LONGER A VIABLE FINANCIAL ENTITY OR DETERMINED TO BE AN EDUCATION ENTITY UNDER INTERNAL REVENUE SERVICE SECTIONS 501(C) 3 AND 170, THEN THE TRUST CORPUS SHOULD BE DISTRIBUTED TO THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION TO PROVIDE FOR PROJECTS, ENDEAVORS OR ACQUISITIONS IN FURTHERANCE OF THEIR CHARTER BY UTILIZING THE CRITERIA ESTABLISHED IN ARTICLE III OF THE TRUST. ACCORDING TO. According to available records, Bailey Farmington Village Green And Library Trust has made 4 grants totaling $96K, with a median grant of $19K. Annual giving has decreased from $42K in 2021 to $20K in 2024. Individual grants have ranged from $17K to $42K, with an average award of $24K. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
THE BAILEY FARMINGTON VILLAGE GREEN AND LIBRARY TRUST (TRUST) WAS CREATED UNDER THE TRUST AGREEMENT OF ALMA B. TAYLOR ON OCTOBER 3, 2005. ACCORDING TO THE TRUST AGREEMENT, THE TRUSTEE SHALL FUND PROJECTS FOR THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION (ASSOCIATION) LOCATED IN FARMINGTON, CONNECTICUT OUT OF THE NET INCOME OF THE TRUST. THE ASSOCIATION IS AN EDUCATIONAL ENTITY EXEMPT UNDER INTERNAL REVENUE SERVICE SECTION 501(C) 3. THE PROJECTS SHALL BE SELECTED IN A MANNER PURSUANT TO ARTICLE III OF THE TRUST AGREEMENT. IN THE EVENT THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION IS NO LONGER A VIABLE FINANCIAL ENTITY OR DETERMINED TO BE AN EDUCATION ENTITY UNDER INTERNAL REVENUE SERVICE SECTIONS 501(C) 3 AND 170, THEN THE TRUST CORPUS SHOULD BE DISTRIBUTED TO THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION TO PROVIDE FOR PROJECTS, ENDEAVORS OR ACQUISITIONS IN FURTHERANCE OF THEIR CHARTER BY UTILIZING THE CRITERIA ESTABLISHED IN ARTICLE III OF THE TRUST. ACCORDING TO
Expenses: $20K
THE BAILEY FARMINGTON VILLAGE GREEN AND LIBRARY TRUST (TRUST) WAS CREATED UNDER THE TRUST AGREEMENT OF ALMA B. TAYLOR ON OCTOBER 3, 2005. ACCORDING TO THE TRUST AGREEMENT, THE TRUSTEE SHALL FUND PROJECTS FOR THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION (ASSOCIATION) LOCATED IN FARMINGTON, CONNECTICUT OUT OF THE NET INCOME OF THE TRUST. THE ASSOCIATION IS AN EDUCATIONAL ENTITY EXEMPT UNDER INTERNAL REVENUE SERVICE SECTION 501(C) 3. THE PROJECTS SHALL BE SELECTED IN A MANNER PURSUANT TO ARTICLE III OF THE TRUST AGREEMENT. IN THE EVENT THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION IS NO LONGER A VIABLE FINANCIAL ENTITY OR DETERMINED TO BE AN EDUCATION ENTITY UNDER INTERNAL REVENUE SERVICE SECTIONS 501(C) 3 AND 170, THEN THE TRUST CORPUS SHOULD BE DISTRIBUTED TO THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION TO PROVIDE FOR PROJECTS, ENDEAVORS OR ACQUISITIONS IN FURTHERANCE OF THEIR CHARTER BY UTILIZING THE CRITERIA ESTABLISHED IN ARTICLE III OF THE TRUST. ACCORDING TO. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CT.
Bailey Farmington Village Green And Library Trust has distributed a total of $96K across 4 grants. The median grant size is $19K, with an average of $24K. Individual grants have ranged from $17K to $42K.
Bailey Farmington Village Green And Library Trust typically selects its grantees rather than accepting unsolicited proposals. CHRISTIAN R. HOHEB, ESQ. AS TRUSTEE, WILL INVEST THE TRUST PROPERTY AND MAKE DISTRIBUTIONS ONLY TO THE FARMINGTON VILLAGE GREEN AND LIBRARY ASSOCIATION IN RESPONSE TO THE RECOMMENDATION(S) RECEIVED FROM THE SEVEN (7) MEMBER COMMITTEE OF THE ASSOCIATION. HE WILL NOT HAVE ANY AUTHORITY WITH RESPECT TO INTRODUCING THE PROPOSALS OR RECOMMENDATIONS TO ENSURE THAT THEY ARE MADE CONSISTENT WITH THE TERMS OF THE TRUST.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christian R Hoheb Esq | TRUSTEE | $5K | $0 | $5K |
Total Giving
$32K
Total Assets
$517K
Fair Market Value
$517K
Net Worth
$517K
Grants Paid
$20K
Contributions
$0
Net Investment Income
$32K
Distribution Amount
$24K
Total Grants
4
Total Giving
$96K
Average Grant
$24K
Median Grant
$19K
Unique Recipients
1
Most Common Grant
$17K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stanley-Whitman House MuseumCAPITAL IMPROVEMENTS | Farmington, CT | $20K | 2024 |
Bailey Farmington Village Green And Library Trust is headquartered in FARMINGTON, CT.
| 2020 | 990PF | View |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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