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Bruce Fam Charitable Foundation Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1997. The principal officer is Northern Trust Company. It holds total assets of $2.9M. Annual income is reported at $663K. Total assets have grown from $1.1M in 2011 to $2.7M 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. The foundation primarily funds organizations in Ohio, Kentucky and Indiana. According to available records, Bruce Fam Charitable Foundation Trust has made 29 grants totaling $429K, with a median grant of $5K. Annual giving has grown from $106K in 2020 to $216K in 2022. Individual grants have ranged from $1K to $75K, with an average award of $15K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Indiana and Ohio and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$18K
Largest Grant
$75K
Based on 6 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.
Bruce Fam Charitable Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in IN, OH, KY.
Bruce Fam Charitable Foundation Trust has distributed a total of $429K across 29 grants. The median grant size is $5K, with an average of $15K. Individual grants have ranged from $1K to $75K.
Bruce Fam Charitable Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Bruce Fam Charitable Foundation Trust is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Northern Trust Company | INSTITUTIONAL TRUSTEE | $12K | $0 | $12K |
Total Giving
$116K
Total Assets
$2.7M
Fair Market Value
$3.3M
Net Worth
$2.7M
Grants Paid
$98K
Contributions
$486K
Net Investment Income
$130K
Distribution Amount
$137K
Total: $2.4M
Total Grants
29
Total Giving
$429K
Average Grant
$15K
Median Grant
$5K
Unique Recipients
10
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Purdue UniversityGENERAL | West Lafayette, IN | $75K | 2022 |
| Mercy Montessori CenterGENERAL | Cincinnati, OH | $10K | 2022 |
| Friends Of Frank DuvanekGENERAL | Covington, KY | $10K | 2022 |
| Cincinnati'S Children'S HospGENERAL | Cincinnati, OH | $5K | 2022 |
| Cincinnati Preservation AssociationGENERAL | Cincinnati, OH | $2K | 2022 |
| Cincinnati Parks FoundationGENERAL | Cincinnati, OH | $2K | 2022 |
| Matthew 25 Ministries IncGENERAL | Cincinnati, OH | $2K | 2022 |
| Hospice Of CincinnatiGENERAL | Cincinnati, OH | $2K | 2022 |
| Mariemont PlayersGENERAL | Cincinnati, OH | $5K | 2021 |
| Marielders Senior CenterGENERAL | Mariemont, OH | $1K | 2021 |