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Best Memorial Trust is a private trust based in EVANSVILLE, IN. The foundation received its IRS ruling in 2019. The principal officer is Old National Wealth Mgmt Ttee. It holds total assets of $225K. Annual income is reported at $56K. 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 2018 to 2023. Grantmaking is concentrated in Indiana. According to available records, Best Memorial Trust has made 28 grants totaling $35K, with a median grant of $2K. Annual giving has grown from $4K in 2020 to $6K in 2023. Grantmaking activity was highest in 2022 with $19K distributed across 14 grants. Individual grants have ranged from $500 to $2K, with an average award of $1K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$500
Average Grant
$800
Largest Grant
$2K
Based on 5 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.
Best Memorial Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in IN.
Best Memorial Trust has distributed a total of $35K across 28 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $500 to $2K.
Best Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Best Memorial Trust is headquartered in EVANSVILLE, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Old National Wealth Management | TRUSTEE | $3K | $0 | $3K |
Total Giving
$10K
Total Assets
$223K
Fair Market Value
$241K
Net Worth
$223K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$11K
Total Grants
28
Total Giving
$35K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jasper Friends Of The ArtsPROGRAM SUPPORT | Jasper, IN | $1K | 2023 |
| St Meinrad ArchabbeyPROGRAM SUPPORT | St Meinrad, IN | $1K | 2023 |
| Vincennes UniversityPROGRAM SUPPORT | Jasper, IN | $1K | 2023 |
| Jasper Public LibraryPROGRAM SUPPORT | Jasper, IN | $1K | 2023 |
| Dubois County CaresPROGRAM SUPPORT | Jasper, IN | $1K | 2023 |
| Saint Joseph Catholic ChurchPROGRAM SUPPORT | Jasper, IN | $2K | 2022 |
| Southwestern Indiana Child AdvocacyPROGRAM SUPPORT | Jasper, IN | $1K | 2022 |
| Greater Jasper Consolidated SchoolsPROGRAM SUPPORT | Jasper, IN | $2K | 2020 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN