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Declaration Of Trust Establishing St Rita Mercy Foundation is a private trust based in ELMHURST, IL. The foundation received its IRS ruling in 2016. The principal officer is Bryan F Grane. It holds total assets of $3.4M. Annual income is reported at $1.3M. Total assets have grown from $2.4M in 2015 to $3.1M in 2023. The foundation is governed by 2 officers and trustees. 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. The foundation primarily funds organizations in Illinois, Tennessee and Wisconsin. According to available records, Declaration Of Trust Establishing St Rita Mercy Foundation has made 12 grants totaling $940K, with a median grant of $75K. Annual giving has decreased from $553K in 2020 to $83K in 2023. Individual grants have ranged from $3K to $228K, with an average award of $78K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Illinois and Tennessee and Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$100K
Average Grant
$111K
Largest Grant
$228K
Based on 5 grants from the most recent 990-PF filing.
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.
Declaration Of Trust Establishing St Rita Mercy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IL, TN, WI.
Declaration Of Trust Establishing St Rita Mercy Foundation has distributed a total of $940K across 12 grants. The median grant size is $75K, with an average of $78K. Individual grants have ranged from $3K to $228K.
Declaration Of Trust Establishing St Rita Mercy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Declaration Of Trust Establishing St Rita Mercy Foundation is headquartered in ELMHURST, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bryan Grane | Trustee | $0 | $0 | N/A |
| Stephanie Grane | Trustee | $0 | $0 | N/A |
Total Giving
$97K
Total Assets
$3.1M
Fair Market Value
$4.6M
Net Worth
$3.1M
Grants Paid
$83K
Contributions
$500K
Net Investment Income
$579K
Distribution Amount
$266K
Total: $3.1M
Total Grants
12
Total Giving
$940K
Average Grant
$78K
Median Grant
$75K
Unique Recipients
7
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fraternite Notre DameCharitable | Chicago, IL | $50K | 2023 |
| Holy Innocents Catholic ChurchCharitable | Chicago, IL | $23K | 2023 |
| Canons Regular Of St John CantiusCharitable | Chicago, IL | $10K | 2023 |
| Nashville Predators FoundationCHARITABLE | Nashville, TN | $100K | 2020 |
| Primo Center For Women And ChildrenCharitable | Chicago, IL | $100K | 2020 |
| Sunshine Gospel MinistriesCharitable | Chicago, IL | $100K | 2020 |
| Movie To MovementCharitable | Green Bay, WI | $25K | 2020 |