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Gertrude G Bancroft Charitable Remainder Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2002. The principal officer is Bruce C Schmidt. It holds total assets of $1.3M. Annual income is reported at $260K. Total assets have grown from $1.1M in 2011 to $1.3M in 2023. The foundation is governed by 2 officers and trustees. 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 2017 to 2024. According to available records, Gertrude G Bancroft Charitable Remainder Trust has made 4 grants totaling $240K, with a median grant of $56K. Annual giving has grown from $56K in 2021 to $112K in 2023. Individual grants have ranged from $56K to $72K, with an average award of $60K. Grant recipients are concentrated in Connecticut. 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.
Gertrude G Bancroft Charitable Remainder Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CT.
Gertrude G Bancroft Charitable Remainder Trust has distributed a total of $240K across 4 grants. The median grant size is $56K, with an average of $60K. Individual grants have ranged from $56K to $72K.
Gertrude G Bancroft Charitable Remainder Trust typically selects its grantees rather than accepting unsolicited proposals.
Gertrude G Bancroft Charitable Remainder Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | CO-TRUSTEE | $13K | $0 | $13K |
| Douglas O'Connell | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1.3M
Fair Market Value
$1.4M
Net Worth
$1.3M
Grants Paid
$53K
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$66K
Total Grants
4
Total Giving
$240K
Average Grant
$60K
Median Grant
$56K
Unique Recipients
1
Most Common Grant
$56K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charlotte Hungerford HospitalUNRESTRICTED GENERAL | Torrington, CT | $56K | 2023 |