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David And Rayzella Spector Trust Fund is a private trust based in MANCHESTER, NH. The foundation received its IRS ruling in 2021. The principal officer is Td Bank Na Trustee. It holds total assets of $2.6M. Annual income is reported at $1.5M. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, David And Rayzella Spector Trust Fund has made 9 grants totaling $425K, with a median grant of $51K. Annual giving has decreased from $288K in 2022 to $137K in 2023. Individual grants have ranged from $34K to $54K, with an average award of $47K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Delaware. 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.
David And Rayzella Spector Trust Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in DE.
David And Rayzella Spector Trust Fund has distributed a total of $425K across 9 grants. The median grant size is $51K, with an average of $47K. Individual grants have ranged from $34K to $54K.
David And Rayzella Spector Trust Fund typically selects its grantees rather than accepting unsolicited proposals.
David And Rayzella Spector Trust Fund is headquartered in MANCHESTER, NH.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$176K
Total Assets
$2.6M
Fair Market Value
$2.7M
Net Worth
$2.6M
Grants Paid
$137K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$126K
Total: $2.5M
Total Grants
9
Total Giving
$425K
Average Grant
$47K
Median Grant
$51K
Unique Recipients
3
Most Common Grant
$54K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Delaware State University FoundationSCHOLARSHIP FUNDS | Dover, DE | $51K | 2023 |
| University Of DelawareSCHOLARSHIP FUNDS | Newark, DE | $51K | 2023 |
| Friends Of The Dover Public LibraryOPERATING FUNDS | Dover, DE | $34K | 2023 |