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George William Patton & Mary Patton Foundation Trust B is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1998. The principal officer is Bank Of America Nt&Sa. It holds total assets of $12.7M. Annual income is reported at $1.6M. 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 2020 to 2023. The foundation primarily funds organizations in Minnesota, California and Illinois. According to available records, George William Patton & Mary Patton Foundation Trust B has made 39 grants totaling $3.5M, with a median grant of $126K. The foundation has distributed between $627K and $1.5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 16 grants. Individual grants have ranged from $1K to $152K, with an average award of $90K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in California, Minnesota, Illinois, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$126K
Average Grant
$90K
Largest Grant
$126K
Based on 7 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.
George William Patton & Mary Patton Foundation Trust B primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in CA, MN, IL.
George William Patton & Mary Patton Foundation Trust B has distributed a total of $3.5M across 39 grants. The median grant size is $126K, with an average of $90K. Individual grants have ranged from $1K to $152K.
George William Patton & Mary Patton Foundation Trust B typically selects its grantees rather than accepting unsolicited proposals.
George William Patton & Mary Patton Foundation Trust B is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $118K | $0 | $118K |
Total Giving
$847K
Total Assets
$12.4M
Fair Market Value
$15.3M
Net Worth
$12.4M
Grants Paid
$708K
Contributions
N/A
Net Investment Income
$322K
Distribution Amount
$715K
Total Grants
39
Total Giving
$3.5M
Average Grant
$90K
Median Grant
$126K
Unique Recipients
13
Most Common Grant
$152K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MinnesotaGEORGE WM PATTON MEMORIAL | Minneapolis, MN | $1K | 2020 |
| Bexley Hall Seabury Western SeminaryUNRESTRICTED GENERAL | Chicago, IL | $141K | 2023 |
| Boys And Girls Clubs Of PasadenaUNRESTRICTED GENERAL | Pasadena, CA | $141K | 2023 |
| Minnesota Peo Home FundUNRESTRICTED GENERAL | Minneapolis, MN | $141K | 2023 |
| Boys' Republic Of ChinoUNRESTRICTED GENERAL | Chino Hills, CA | $141K | 2023 |
| Los Angeles Orphanage MaryvaleUNRESTRICTED GENERAL | Rosemead, CA | $141K | 2023 |
| Lake City Municipal GovernmentPATTON MEMORIAL PARK | Lake City, MN | $2K | 2023 |
| University Of Minnesota FoundationGEORGE WM PATTON MEMORIAL | Minneapolis, MN | $1K | 2023 |
| Lake City Education FoundationFOR PATTON SCHOLARSHIP FUND | Lake City, MN | $1K | 2023 |
| Bexley Seabury SeminaryUNRESTRICTED GENERAL | Chicago, IL | $126K | 2021 |
| Boys Republic Of ChinoUNRESTRICTED GENERAL | Chino Hills, CA | $125K | 2020 |
| Boys And Girls Clubs OfUNRESTRICTED GENERAL | Pasadena, CA | $125K | 2020 |
| Patton Scholarship FundSCHOLARSHIP FUNDS FOR LAKE | Henderson, NV | $1K | 2020 |