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Also known as: JOHNSTON WRIGHT MEMORIAL TRUST
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Dr Marius E Johnston And Margaret Johnston Wright Memorial Trust is a private trust based in LEXINGTON, KY. The foundation received its IRS ruling in 1994. The principal officer is Jp Morgan Chase Bank Na. It holds total assets of $14.6M. Annual income is reported at $5.7M. 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 2018 to 2023. According to available records, Dr Marius E Johnston And Margaret Johnston Wright Memorial Trust has made 4 grants totaling $3.4M, with a median grant of $842K. The foundation has distributed between $794K and $1.8M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 2 grants. Individual grants have ranged from $794K to $887K, with an average award of $841K. Grant recipients are concentrated in Kentucky. 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.
Dr Marius E Johnston And Margaret Johnston Wright Memorial Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KY.
Dr Marius E Johnston And Margaret Johnston Wright Memorial Trust has distributed a total of $3.4M across 4 grants. The median grant size is $842K, with an average of $841K. Individual grants have ranged from $794K to $887K.
Dr Marius E Johnston And Margaret Johnston Wright Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
Dr Marius E Johnston And Margaret Johnston Wright Memorial Trust is headquartered in LEXINGTON, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Central Bank Trust | TRUSTEE | $20K | $0 | $20K |
Total Giving
$911K
Total Assets
$14.4M
Fair Market Value
$16.5M
Net Worth
$14.4M
Grants Paid
$794K
Contributions
N/A
Net Investment Income
$1.1M
Distribution Amount
$765K
Total: $14.3M
Total Grants
4
Total Giving
$3.4M
Average Grant
$841K
Median Grant
$842K
Unique Recipients
1
Most Common Grant
$887K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyPROGRAM SUPPORT | Lexington, KY | $794K | 2023 |