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Frank And Mary Cipech Charitable Trust is a private trust based in BILLINGS, MT. The foundation received its IRS ruling in 2009. The principal officer is First Interstate Bank. It holds total assets of $655K. Annual income is reported at $203K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Montana, New York and District of Columbia. According to available records, Frank And Mary Cipech Charitable Trust has made 36 grants totaling $123K, with a median grant of $4K. Annual giving has decreased from $33K in 2021 to $16K in 2023. Grantmaking activity was highest in 2022 with $74K distributed across 18 grants. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Montana and New York and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$4K
Based on 9 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.
Frank And Mary Cipech Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in MT, NY, DC.
Frank And Mary Cipech Charitable Trust has distributed a total of $123K across 36 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $2K to $4K.
The application deadline is CONTACT FOUNDATION. Contact foundation.
Frank And Mary Cipech Charitable Trust is headquartered in BILLINGS, MT. While based in MT, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Interstate Bank | TRUSTEE | $8K | $0 | $8K |
Total Giving
$26K
Total Assets
$675K
Fair Market Value
$747K
Net Worth
$675K
Grants Paid
$16K
Contributions
N/A
Net Investment Income
$32K
Distribution Amount
$34K
Total Grants
36
Total Giving
$123K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
9
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| UnicefPROGRAM SUPPORT | New York, NY | $2K | 2023 |
| Family Service IncPROGRAM SUPPORT | Billings, MT | $2K | 2023 |
| Billings Catholic Schools FoundationPROGRAM SUPPORT | Billings, MT | $2K | 2023 |
| St Bernard'S Catholic ParishPROGRAM SUPPORT | Billings, MT | $2K | 2023 |
| Billings Central Catholic High SchoolPROGRAM SUPPORT | Billings, MT | $2K | 2023 |
| Adult Resource Alliance Of YellowstonePROGRAM SUPPORT | Billings, MT | $2K | 2023 |
| Roman Catholic Bishop Of Great FallsPROGRAM SUPPORT | Great Falls, MT | $2K | 2023 |
| Montana Rescue MissionPROGRAM SUPPORT | Billings, MT | $2K | 2023 |
| American Red Cross Of MontanaPROGRAM SUPPORT | Washington, DC | $2K | 2023 |