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Charles R Morley Testamentary Trust is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1971. The principal officer is Society National Bank Ttee. It holds total assets of $5.8M. Annual income is reported at $709K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Charles R Morley Testamentary Trust has made 8 grants totaling $815K, with a median grant of $101K. The foundation has distributed between $191K and $223K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $223K distributed across 2 grants. Individual grants have ranged from $15K to $207K, with an average award of $102K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. 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 R Morley Testamentary Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in OH.
Charles R Morley Testamentary Trust has distributed a total of $815K across 8 grants. The median grant size is $101K, with an average of $102K. Individual grants have ranged from $15K to $207K.
Charles R Morley Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Charles R Morley Testamentary Trust is headquartered in BROOKLYN, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank National Association | TRUSTEE | $34K | $0 | $34K |
Total Giving
N/A
Total Assets
$5.8M
Fair Market Value
N/A
Net Worth
$5.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$815K
Average Grant
$102K
Median Grant
$101K
Unique Recipients
2
Most Common Grant
$176K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Morley LibraryGENERAL OPERATING SUPPORT | Painesville, OH | $25K | 2023 |
| Lake Erie CollegeGENERAL OPERATING | Painesville, OH | $178K | 2023 |