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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 is governed by 1 officer or trustee. 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. Grantmaking is concentrated in North Carolina. 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.
Smallest Grant
$4K
Median Grant
$9K
Average Grant
$9K
Largest Grant
$26K
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 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
N/A
Net Investment Income
$30K
Distribution Amount
$88K
Total: N/A
Total Grants
36
Total Giving
$360K
Average Grant
$10K
Median Grant
$9K
Unique Recipients
18
Most Common Grant
$5K
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 |
| American Childrens Home LexingtonGENERAL OPERATING | Lexington, NC | $14K | 2023 |
| Boys Home At Waccamaw Of NcGENERAL OPERATING | Lake Waccamaw, NC | $14K | 2023 |
| Hospice Of The PiedmontGENERAL OPERATING | High Point, NC | $9K | 2023 |
| United Way Of Greater High PointGENERAL OPERATING | High Point, NC | $9K | 2023 |
| Open Door Ministries Of High Point IncGENERAL OPERATING | High Point, NC | $5K | 2023 |
| Arbor Acres United MethodistGENERAL OPERATING | Winston Salem, NC | $5K | 2023 |
| Crossnore Communities For ChildrenGENERAL SUPPORT | Crossnore, 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 |
| Arbor Acres United Methodist RetirementGENERAL OPERATING | Winston Salem, NC | $5K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Brookhaven, GA | $5K | 2022 |
| Caroline Hart Chief Advancement OffiGENERAL OPERATING | Crossnore, NC | $5K | 2022 |
| Open Door Ministries OfGENERAL OPERATING | High Point, NC | $4K | 2021 |
| Rankin Mem United MethodistGENERAL OPERATING | High Point, NC | $26K | 2020 |