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Edith H Mccobb Trust is a private trust based in CAMDEN, ME. The foundation received its IRS ruling in 1994. The principal officer is Harmon Jones Sanford Llp. It holds total assets of $1.5M. Annual income is reported at $627K. Total assets have grown from $824K in 2011 to $1.3M in 2023. The foundation is governed by 1 officer or trustee. In accordance with the will of the decedent, distributions are made to 2 local 501(c)3 public charities: camden rotary club foundation for the purpose of awarding post- secondary scholarships to local high school students; and camden area district nursing association for supporting general operations of the organization. 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, Edith H Mccobb Trust has made 8 grants totaling $317K, with a median grant of $40K. The foundation has distributed between $71K and $170K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $170K distributed across 4 grants. Individual grants have ranged from $36K to $43K, with an average award of $40K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
In accordance with the will of the decedent, distributions are made to 2 local 501(c)3 public charities: camden rotary club foundation for the purpose of awarding post- secondary scholarships to local high school students; and camden area district nursing association for supporting general operations of the organization.
Expenses: $94K
In accordance with the will of the decedent, distributions are made to 2 local 501(c)3 public charities: camden rotary club foundation for the purpose of awarding post- secondary scholarships to local high school students; and camden area district nursing association for supporting general operations of the organization. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in ME.
Edith H Mccobb Trust has distributed a total of $317K across 8 grants. The median grant size is $40K, with an average of $40K. Individual grants have ranged from $36K to $43K.
Edith H Mccobb Trust typically selects its grantees rather than accepting unsolicited proposals.
Edith H Mccobb Trust is headquartered in CAMDEN, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rendle A Jones | TRUSTEE | $15K | $0 | $15K |
Total Giving
$91K
Total Assets
$1.3M
Fair Market Value
$2M
Net Worth
$1.3M
Grants Paid
$71K
Contributions
N/A
Net Investment Income
$93K
Distribution Amount
$88K
Total: $733K
Total Grants
8
Total Giving
$317K
Average Grant
$40K
Median Grant
$40K
Unique Recipients
2
Most Common Grant
$43K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Camden Area District Nursing AssocGENERAL ASSOCIATION OPERATIONS | Camden, ME | $36K | 2023 |
| Camden Rotary Club FoundationSCHOLARSHIPS FOR LOCAL STUDENTS | Camden, ME | $36K | 2023 |