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Charles & Elizabeth Higbee Crut is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2007. The principal officer is Merrill Lynch Trust Company. It holds total assets of $782K. Annual income is reported at $76K. Total assets have grown from $590K in 2011 to $779K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Charles & Elizabeth Higbee Crut has made 2 grants totaling $78K, with a median grant of $39K. The foundation has distributed between $39K and $39K annually from 2022 to 2023. Grant recipients are concentrated in Pennsylvania. 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.
Charles & Elizabeth Higbee Crut primarily funds organizations in the area of religion. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in PA.
Charles & Elizabeth Higbee Crut has distributed a total of $78K across 2 grants. The median grant size is $39K, with an average of $39K. Individual grants have ranged from $39K to $39K.
Charles & Elizabeth Higbee Crut typically selects its grantees rather than accepting unsolicited proposals.
Charles & Elizabeth Higbee Crut is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $6K | $0 | $6K |
Total Giving
$46K
Total Assets
$779K
Fair Market Value
$800K
Net Worth
$779K
Grants Paid
$39K
Contributions
N/A
Net Investment Income
$34K
Distribution Amount
$37K
Total: N/A
Total Grants
2
Total Giving
$78K
Average Grant
$39K
Median Grant
$39K
Unique Recipients
1
Most Common Grant
$39K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| All Saints Episcopal ChurchGENERAL OPERATING | Philadelphia, PA | $39K | 2023 |