//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Fred M Teel Charitable Trust is a private trust based in NORWICH, NY. The foundation received its IRS ruling in 1977. The principal officer is The National Bk & Trust Co Of Norwich. It holds total assets of $44K. Annual income is reported at $7K. Total assets have decreased from $62K in 2011 to $47K in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. According to available records, Fred M Teel Charitable Trust has made 12 grants totaling $14K, with a median grant of $1K. Annual giving has grown from $2K in 2020 to $4K in 2023. Grantmaking activity was highest in 2022 with $4K distributed across 4 grants. Individual grants have ranged from $1K to $2K, with an average award of $1K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New York and North Carolina. 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 M Teel Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NY, NC.
Fred M Teel Charitable Trust has distributed a total of $14K across 12 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $2K.
The application deadline is MAY 15TH ANNUALLY. Scholarships restricted to current year graduates of afton central school.
Fred M Teel Charitable Trust is headquartered in NORWICH, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nbt Bank Na | TRUSTEE | $628 | $0 | $628 |
Total Giving
$6K
Total Assets
$47K
Fair Market Value
$49K
Net Worth
$47K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$867
Distribution Amount
$2K
Total Grants
12
Total Giving
$14K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Houghton CollegeSCHOLARSHIP | Houghton, NY | $2K | 2023 |
| East Carolina UniversitySCHOLARSHIP | Greenville, NC | $1K | 2023 |
| Hartwick CollegeSCHOLARSHIP | Oneonta, NY | $1K | 2023 |
| Elmira CollegeSCHOLARSHIP | Elmira, NY | $1K | 2022 |
| Broome Comm CollegeSCHOLARSHIP | Binghamton, NY | $1K | 2021 |
| Tompkins Cortland Comm CollegeSCHOLARSHIP | Dryen, NY | $1K | 2021 |
| Rensselaer Polytechnic InstituteSCHOLARSHIP | Troy, NY | $1K | 2020 |
| Onondaga Comm CollegeSCHOLARSHIP | Syracuse, NY | $1K | 2020 |