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Frank L & Mildred R Ring Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2008. The principal officer is % Wachovia Bank Ttee. It holds total assets of $1.6M. Annual income is reported at $707K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Frank L & Mildred R Ring Trust has made 36 grants totaling $360K, with a median grant of $9K. The foundation has distributed between $85K and $100K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $100K distributed across 9 grants. Individual grants have ranged from $4K to $30K, with an average award of $10K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in North Carolina and Georgia. Contributions to this foundation are tax-deductible.
Frank L & Mildred R Ring 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 NC, GA.
Frank L & Mildred R Ring Trust has distributed a total of $360K across 36 grants. The median grant size is $9K, with an average of $10K. Individual grants have ranged from $4K to $30K.
Frank L & Mildred R Ring Trust typically selects its grantees rather than accepting unsolicited proposals.
Frank L & Mildred R Ring Trust is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $26K | $0 | $26K |
Total Giving
$116K
Total Assets
$1.6M
Fair Market Value
$1.8M
Net Worth
$1.6M
Grants Paid
$90K
Contributions
$0
Net Investment Income
$30K
Distribution Amount
$88K
Total: $0
Total Grants
36
Total Giving
$360K
Average Grant
$10K
Median Grant
$9K
Unique Recipients
18
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL OPERATING | Charlotte, NC | $5K | 2023 |
| Ward Street Methodist ChurchGENERAL OPERATING | High Point, NC | $27K | 2023 |
| Boys Home At Waccamaw Of NcGENERAL OPERATING | Lake Waccamaw, NC | $14K | 2023 |
| American Childrens Home LexingtonGENERAL OPERATING | Lexington, NC | $14K | 2023 |
| Hospice Of The PiedmontGENERAL OPERATING | High Point, NC |
| 2018 | 990PF | View |
| $9K |
| 2023 |
| United Way Of Greater High PointGENERAL OPERATING | High Point, NC | $9K | 2023 |
| Crossnore Communities For ChildrenGENERAL SUPPORT | Crossnore, NC | $5K | 2023 |
| Open Door Ministries Of High Point IncGENERAL OPERATING | High Point, NC | $5K | 2023 |
| Arbor Acres United MethodistGENERAL OPERATING | Winston Salem, NC | $5K | 2023 |
| Boys And Girls Home Of North Carolina InGENERAL OPERATING | Lake Waccamaw, NC | $15K | 2022 |
| Junior Order United American Mechanics CGENERAL OPERATING | Lexington, NC | $15K | 2022 |
| Hospice Of The Piedmont IncGENERAL OPERATING | High Point, NC | $10K | 2022 |
| United Way Of Greater High Point IncGENERAL OPERATING | High Point, NC | $10K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Brookhaven, GA | $5K | 2022 |
| Caroline Hart Chief Advancement OffiGENERAL OPERATING | Crossnore, NC | $5K | 2022 |
| Arbor Acres United Methodist RetirementGENERAL OPERATING | Winston Salem, NC | $5K | 2022 |
| Open Door Ministries OfGENERAL OPERATING | High Point, NC | $4K | 2021 |
| Rankin Mem United MethodistGENERAL OPERATING | High Point, NC | $26K | 2020 |
SAINT LOUIS, MO
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