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Fred D & Virginia L Nelson Endowment Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1998. The principal officer is Norwest Bank N A Lubbock Ex. It holds total assets of $742K. Annual income is reported at $328K. 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. According to available records, Fred D & Virginia L Nelson Endowment Trust has made 6 grants totaling $121K, with a median grant of $20K. The foundation has distributed between $37K and $44K annually from 2020 to 2022. Individual grants have ranged from $19K to $22K, with an average award of $20K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. 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.
Fred D & Virginia L Nelson Endowment Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX.
Fred D & Virginia L Nelson Endowment Trust has distributed a total of $121K across 6 grants. The median grant size is $20K, with an average of $20K. Individual grants have ranged from $19K to $22K.
Fred D & Virginia L Nelson Endowment Trust typically selects its grantees rather than accepting unsolicited proposals.
Fred D & Virginia L Nelson Endowment Trust is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $13K | $0 | $13K |
Total Giving
$54K
Total Assets
$750K
Fair Market Value
$831K
Net Worth
$750K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$40K
Total: N/A
Total Grants
6
Total Giving
$121K
Average Grant
$20K
Median Grant
$20K
Unique Recipients
2
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| South Plains CollegeGENERAL OPERATING | Levelland, TX | $22K | 2022 |
| Cal Farleys Boys RanchGENERAL OPERATING | Amarillo, TX | $22K | 2022 |