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Carl & Lily Thrift Charitable Trust is a private trust based in ST PETERSBURG, FL. The foundation received its IRS ruling in 2008. The principal officer is Frank Fau. It holds total assets of $689K. Annual income is reported at $141K. Total assets have decreased from $976K in 2011 to $684K 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 2017 to 2023. Grantmaking is concentrated in Texas. According to available records, Carl & Lily Thrift Charitable Trust has made 20 grants totaling $304K, with a median grant of $16K. The foundation has distributed between $67K and $161K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $161K distributed across 10 grants. Individual grants have ranged from $13K to $16K, with an average award of $15K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$16K
Median Grant
$16K
Average Grant
$16K
Largest Grant
$16K
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.
Carl & Lily Thrift Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in TX.
Carl & Lily Thrift Charitable Trust has distributed a total of $304K across 20 grants. The median grant size is $16K, with an average of $15K. Individual grants have ranged from $13K to $16K.
Carl & Lily Thrift Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Carl & Lily Thrift Charitable Trust is headquartered in ST PETERSBURG, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond James | TRUSTEE | $15K | $0 | $15K |
Total Giving
$84K
Total Assets
$684K
Fair Market Value
$1.2M
Net Worth
$684K
Grants Paid
$67K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$54K
Total Grants
20
Total Giving
$304K
Average Grant
$15K
Median Grant
$16K
Unique Recipients
5
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Austin County A&M ClubUNRESTRICTED GRANT | Bellville, TX | $13K | 2023 |
| Houston Hospice & Palliative CaUNRESTRICTED GRANT | Houston, TX | $13K | 2023 |
| Angel Flight South Central IncUNRESTRICTED GRANT | Addison, TX | $13K | 2023 |
| Make A Wish Foundation Of TheUNRESTRICTED GRANT | Stafford, TX | $13K | 2023 |
| Texas Childrens HospitalUNRESTRICTED GRANT | Houston, TX | $13K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL