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F Gordon Foster Charitable Trust C/O Malcolm B Wernik Trustee is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1997. The principal officer is Corestates Bank. It holds total assets of $2.6M. Annual income is reported at $369K. Total assets have decreased from $3.5M in 2011 to $2.7M 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 2018 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, F Gordon Foster Charitable Trust C/O Malcolm B Wernik Trustee has made 15 grants totaling $526K, with a median grant of $35K. Annual giving has grown from $156K in 2020 to $194K in 2022. Individual grants have ranged from $31K to $39K, with an average award of $35K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New Jersey and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$31K
Median Grant
$31K
Average Grant
$31K
Largest Grant
$31K
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.
F Gordon Foster Charitable Trust C/O Malcolm B Wernik Trustee primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NJ, NY.
F Gordon Foster Charitable Trust C/O Malcolm B Wernik Trustee has distributed a total of $526K across 15 grants. The median grant size is $35K, with an average of $35K. Individual grants have ranged from $31K to $39K.
F Gordon Foster Charitable Trust C/O Malcolm B Wernik Trustee typically selects its grantees rather than accepting unsolicited proposals.
F Gordon Foster Charitable Trust C/O Malcolm B Wernik Trustee is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $40K | $0 | $40K |
| Carleton G Foster | CO-TRUSTEE | $12K | $0 | $12K |
Total Giving
$238K
Total Assets
$2.7M
Fair Market Value
$3.6M
Net Worth
$2.7M
Grants Paid
$184K
Contributions
N/A
Net Investment Income
$129K
Distribution Amount
$170K
Total: $928K
Total Grants
15
Total Giving
$526K
Average Grant
$35K
Median Grant
$35K
Unique Recipients
6
Most Common Grant
$31K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmyGENERAL OPERATING | West Nyack, NY | $39K | 2022 |
| The New York Botanical GardenGENERAL OPERATING | Bronx, NY | $39K | 2022 |
| Njit - Beth S KornsteinGENERAL OPERATING | Newark, NJ | $39K | 2022 |
| Sparta 1st Presbyterian ChurchGENERAL OPERATING | Sparta, NJ | $39K | 2022 |
| Ahs Hospital CorpGENERAL OPERATING | Morristown, NJ | $39K | 2022 |
| Foundation At NjitGENERAL OPERATING | Newark, NJ | $35K | 2021 |