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Cecil Duncan Trust is a private corporation based in MITCHELL, SD. The foundation received its IRS ruling in 2009. The principal officer is Fnn Trust Company LLC. It holds total assets of $2.1M. Annual income is reported at $282K. Total assets have grown from $1.7M in 2011 to $2.1M in 2023. The foundation is governed by 2 officers and trustees. 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 2016 to 2023. According to available records, Cecil Duncan Trust has made 8 grants totaling $334K, with a median grant of $41K. Annual giving has grown from $76K in 2020 to $165K in 2022. Individual grants have ranged from $38K to $47K, with an average award of $42K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in South Dakota. 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.
Cecil Duncan Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in SD.
Cecil Duncan Trust has distributed a total of $334K across 8 grants. The median grant size is $41K, with an average of $42K. Individual grants have ranged from $38K to $47K.
Cecil Duncan Trust typically selects its grantees rather than accepting unsolicited proposals.
Cecil Duncan Trust is headquartered in MITCHELL, SD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fnn Trust Company Llc | TRUSTEE | $19K | $0 | $19K |
| Dennis Jarabek | OUTSIDE TRUS | $1K | $0 | $1K |
Total Giving
$86K
Total Assets
$2.1M
Fair Market Value
$2.1M
Net Worth
$2.1M
Grants Paid
$56K
Contributions
N/A
Net Investment Income
$72K
Distribution Amount
$97K
Total: $1.5M
Total Grants
8
Total Giving
$334K
Average Grant
$42K
Median Grant
$41K
Unique Recipients
2
Most Common Grant
$41K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy Spirit Catholic ChurSUPPORT | Mitchell, SD | $41K | 2022 |
| Presentation CollegeSUPPORT | Aberdeen, SD | $41K | 2022 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD