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Farris Charitable Trust is a private trust based in MORRISTOWN, NJ. The foundation received its IRS ruling in 1999. The principal officer is Jennifer Moss. It holds total assets of $1.5M. Annual income is reported at $106K. Total assets have decreased from $1.9M in 2011 to $1.5M in 2024. The foundation is governed by 3 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 2024. According to available records, Farris Charitable Trust has made 10 grants totaling $270K, with a median grant of $30K. Annual giving has grown from $50K in 2020 to $70K in 2023. Grantmaking activity was highest in 2022 with $100K distributed across 2 grants. Individual grants have ranged from $500 to $50K, with an average award of $27K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in North Carolina and New Jersey. 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.
Farris Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NC, NJ.
Farris Charitable Trust has distributed a total of $270K across 10 grants. The median grant size is $30K, with an average of $27K. Individual grants have ranged from $500 to $50K.
Farris Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Farris Charitable Trust is headquartered in MORRISTOWN, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jill Farris | TRUSTEE | $0 | $0 | N/A |
| Julie Ellen Valentine | TRUSTEE | $0 | $0 | N/A |
| Jennifer Louise Moss | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.5M
Fair Market Value
N/A
Net Worth
$1.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$270K
Average Grant
$27K
Median Grant
$30K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| High Point UniversityCHARITABLE BEQUEST | High Point, NC | $50K | 2023 |
| St Bernards ChurchCharitable Bequest | Bernardsville, NJ | $10K | 2023 |
| Friends Of Jockey HollowCharitable Bequest | Morristown, NJ | $5K | 2023 |
| Cancer Research UkCharitable Bequest | Oxford | $4K | 2023 |
| Bay Head Fire DeptCharitable Bequest | Bay Head, NJ | $1K | 2023 |
| Bay Head Mantoloking PbaCharitable Bequest | Mantoloking, NJ | $500 | 2023 |