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Also known as: COLLEGES AND UNIVERSITIES TRUST
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Eldred G Mugford Irrev Distribution Trust is a private trust based in MARQUETTE, MI. The foundation received its IRS ruling in 2022. The principal officer is First Bank Upper Michigan. It holds total assets of $1.4M. Annual income is reported at $273K. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Eldred G Mugford Irrev Distribution Trust has made 24 grants totaling $251K, with a median grant of $11K. Annual giving has decreased from $181K in 2022 to $70K in 2023. Individual grants have ranged from $9K to $11K, with an average award of $10K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Michigan, Ohio, Wisconsin, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. 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.
Eldred G Mugford Irrev Distribution Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in MI, OH, WI.
Eldred G Mugford Irrev Distribution Trust has distributed a total of $251K across 24 grants. The median grant size is $11K, with an average of $10K. Individual grants have ranged from $9K to $11K.
Eldred G Mugford Irrev Distribution Trust typically selects its grantees rather than accepting unsolicited proposals.
Eldred G Mugford Irrev Distribution Trust is headquartered in MARQUETTE, MI. While based in MI, the foundation distributes grants to organizations across 5 states.
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
$86K
Total Assets
$1.4M
Fair Market Value
$1.5M
Net Worth
$1.4M
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$63K
Total: $882K
Total Grants
24
Total Giving
$251K
Average Grant
$10K
Median Grant
$11K
Unique Recipients
8
Most Common Grant
$11K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alpena Community College FoundationCLARE MUGFORD NURSING SCHOLARSHIP | Alpena, MI | $9K | 2023 |
| University Of Minnesota FoundationCLARE MUGFORD NURSING SCHOLARSHIP | Minneapolis, MN | $9K | 2023 |
| Bradley UniversityCLARE MUGFORD NURSING SCHOLARSHIP | Peoria, IL | $9K | 2023 |
| Ferris State UniversityCLARE MUGFORD NURSING SCHOLARSHIP | Big Rapids, MI | $9K | 2023 |
| Gogebic Community College FoundatioCLARE MUGFORD NURSING SCHOLARSHIP | Ironwood, MI | $9K | 2023 |
| Northern Michigan UniversityCLARE MUGFORD NURSING SCHOLARSHIP | Marquette, MI | $9K | 2023 |
| University Of AkronCLARE MUGFORD NURSING SCHOLARSHIP | Akron, OH | $9K | 2023 |
| University Of Wisconsin-OshkoshCLARE MUGFORD NURSING SCHOLARSHIP | Oshkosh, WI | $9K | 2023 |