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Charles Hughes Wait Testamentary Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1997. The principal officer is Wells Fargo Bank Na 138384. It holds total assets of $1.7M. Annual income is reported at $613K. Total assets have grown from $317K in 2011 to $1.8M 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 2018 to 2023. According to available records, Charles Hughes Wait Testamentary Trust has made 4 grants totaling $460K, with a median grant of $115K. The foundation has distributed between $115K and $230K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $230K distributed across 2 grants. Grant recipients are concentrated in California. 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 Hughes Wait Testamentary Trust 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 CA.
Charles Hughes Wait Testamentary Trust has distributed a total of $460K across 4 grants. The median grant size is $115K, with an average of $115K. Individual grants have ranged from $115K to $115K.
Charles Hughes Wait Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Charles Hughes Wait Testamentary Trust is headquartered in SAINT LOUIS, MO.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $29K | $0 | $29K |
Total Giving
$144K
Total Assets
$1.8M
Fair Market Value
$2M
Net Worth
$1.8M
Grants Paid
$115K
Contributions
N/A
Net Investment Income
$61K
Distribution Amount
$96K
Total Grants
4
Total Giving
$460K
Average Grant
$115K
Median Grant
$115K
Unique Recipients
1
Most Common Grant
$115K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pajaro Valley Unified School DistGENERAL OPERATING | Watsonville, CA | $115K | 2023 |