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Bernice M Rise Testamentary Trust is a private trust based in SALEM, OR. The foundation received its IRS ruling in 1978. It holds total assets of $75K. Annual income is reported at $15K. 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 2024. According to available records, Bernice M Rise Testamentary Trust has made 10 grants totaling $29K, with a median grant of $3K. The foundation has distributed between $5K and $12K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $12K distributed across 4 grants. Individual grants have ranged from $3K to $3K, with an average award of $3K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Iowa. 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.
Bernice M Rise Testamentary Trust 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 IA.
Bernice M Rise Testamentary Trust has distributed a total of $29K across 10 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $3K to $3K.
Bernice M Rise Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Bernice M Rise Testamentary Trust is headquartered in SALEM, OR.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pioneer Trust Bank Na | TRUSTEE | $2K | $0 | $2K |
Total Giving
$10K
Total Assets
$74K
Fair Market Value
$118K
Net Worth
$73K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$6K
Total Grants
10
Total Giving
$29K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vesterheim Norwegian American MuseumJACOB A & SARAH RONBERG | Decorah, IA | $3K | 2024 |
| Luther CollegeJACOB A & SARAH RONBERG | Decorah, IA | $3K | 2024 |