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Cleo Downey Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1999. The principal officer is Nationsbank Na. It holds total assets of $103K. Annual income is reported at $24K. Total assets have decreased from $126K in 2011 to $100K 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 2016 to 2023. According to available records, Cleo Downey Charitable Trust has made 3 grants totaling $14K, with a median grant of $5K. Annual giving has decreased from $10K in 2022 to $4K in 2023. Individual grants have ranged from $4K to $5K, with an average award of $5K. Grant recipients are concentrated in Texas. 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.
Cleo Downey Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TX.
Cleo Downey Charitable Trust has distributed a total of $14K across 3 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $4K to $5K.
Cleo Downey Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Cleo Downey Charitable Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $3K | $0 | $3K |
Total Giving
$8K
Total Assets
$100K
Fair Market Value
$116K
Net Worth
$100K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$808
Distribution Amount
$5K
Total Grants
3
Total Giving
$14K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
1
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchUNRESTRICTED GENERAL | Pleasanton, TX | $4K | 2023 |