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Bright Trust Fbo Knox College is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2015. The principal officer is Citi Trust. It holds total assets of $14.4M. Annual income is reported at $10.2M. Total assets have grown from $10.1M in 2014 to $14.2M in 2023. 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 2020 to 2023. According to available records, Bright Trust Fbo Knox College has made 4 grants totaling $3M, with a median grant of $762K. Annual giving has grown from $651K in 2020 to $801K in 2023. Grantmaking activity was highest in 2022 with $831K distributed across 1 grants. Individual grants have ranged from $651K to $831K, with an average award of $751K. Grant recipients are concentrated in Illinois. 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.
Bright Trust Fbo Knox College primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Bright Trust Fbo Knox College has distributed a total of $3M across 4 grants. The median grant size is $762K, with an average of $751K. Individual grants have ranged from $651K to $831K.
Bright Trust Fbo Knox College typically selects its grantees rather than accepting unsolicited proposals.
Bright Trust Fbo Knox College is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citibank N A | TRUSTEE, AS REQ'D | $67K | $0 | $67K |
Total Giving
$1M
Total Assets
$14.2M
Fair Market Value
$15.8M
Net Worth
$14.2M
Grants Paid
$801K
Contributions
N/A
Net Investment Income
$617K
Distribution Amount
$749K
Total Grants
4
Total Giving
$3M
Average Grant
$751K
Median Grant
$762K
Unique Recipients
1
Most Common Grant
$831K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Knox CollegeGENERAL OPERATING | Galesburg, IL | $801K | 2023 |