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Glenn E Custis Irr Trust Fbo Calvary Baptist Church is a private trust based in WILMINGTON, OH. The foundation received its IRS ruling in 2009. The principal officer is % National Bank & Trust Co. It holds total assets of $492K. Annual income is reported at $212K. THE TRUST WAS ESTABLISHED UNDER AN AGREEMENT TO PROVIDE FUNDS FOR THE BENEFIT OF CALVERY BAPTIST CHURCH LOCATED AT 1920 WEST U.S HIGHWAY 22, WILMINGTON, OH (FEIN 31-1102425). TRUSTEE CAN PAY OUT 12% OF THE MARKET VALUE OF THE ACCOUNT AS OF 12/31. THE CHURCH HAS THE RIGHT TO REQUEST THAT AMOUNT UP TO MARCH 31 OF THE FOLLOWING YEAR. THE TRUST DOCUMENT DOES NOT REQUIRE THAT IT BE FOR A SPECIFIC PURPOSE,HOWEVER, THE DOCUMENT DOES REQUIRE THE TRUSTEE TO TAKE INTO ACCOUNT ALL OTHER SOURCES OF INCOME BEFORE MAKING ANY DISCRETIONARY DISTRIBUTIONS. According to available records, Glenn E Custis Irr Trust Fbo Calvary Baptist Church has made 3 grants totaling $385K, with a median grant of $139K. Annual giving has decreased from $139K in 2021 to $103K in 2023. Grantmaking activity was highest in 2022 with $143K distributed across 1 grants. Individual grants have ranged from $103K to $143K, with an average award of $128K. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
THE TRUST WAS ESTABLISHED UNDER AN AGREEMENT TO PROVIDE FUNDS FOR THE BENEFIT OF CALVERY BAPTIST CHURCH LOCATED AT 1920 WEST U.S HIGHWAY 22, WILMINGTON, OH (FEIN 31-1102425). TRUSTEE CAN PAY OUT 12% OF THE MARKET VALUE OF THE ACCOUNT AS OF 12/31. THE CHURCH HAS THE RIGHT TO REQUEST THAT AMOUNT UP TO MARCH 31 OF THE FOLLOWING YEAR. THE TRUST DOCUMENT DOES NOT REQUIRE THAT IT BE FOR A SPECIFIC PURPOSE,HOWEVER, THE DOCUMENT DOES REQUIRE THE TRUSTEE TO TAKE INTO ACCOUNT ALL OTHER SOURCES OF INCOME BEFORE MAKING ANY DISCRETIONARY DISTRIBUTIONS.
THE TRUST WAS ESTABLISHED UNDER AN AGREEMENT TO PROVIDE FUNDS FOR THE BENEFIT OF CALVERY BAPTIST CHURCH LOCATED AT 1920 WEST U.S HIGHWAY 22, WILMINGTON, OH (FEIN 31-1102425). TRUSTEE CAN PAY OUT 12% OF THE MARKET VALUE OF THE ACCOUNT AS OF 12/31. THE CHURCH HAS THE RIGHT TO REQUEST THAT AMOUNT UP TO MARCH 31 OF THE FOLLOWING YEAR. THE TRUST DOCUMENT DOES NOT REQUIRE THAT IT BE FOR A SPECIFIC PURPOSE,HOWEVER, THE DOCUMENT DOES REQUIRE THE TRUSTEE TO TAKE INTO ACCOUNT ALL OTHER SOURCES OF INCOME BEFORE MAKING ANY DISCRETIONARY DISTRIBUTIONS. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in OH.
Glenn E Custis Irr Trust Fbo Calvary Baptist Church has distributed a total of $385K across 3 grants. The median grant size is $139K, with an average of $128K. Individual grants have ranged from $103K to $143K.
Glenn E Custis Irr Trust Fbo Calvary Baptist Church typically selects its grantees rather than accepting unsolicited proposals.
Glenn E Custis Irr Trust Fbo Calvary Baptist Church is headquartered in WILMINGTON, OH.
Total Giving
$115K
Total Assets
$517K
Fair Market Value
$48K
Net Worth
$517K
Grants Paid
$103K
Contributions
$0
Net Investment Income
$9K
Distribution Amount
$41K
Total: $469K
Total Grants
3
Total Giving
$385K
Average Grant
$128K
Median Grant
$139K
Unique Recipients
1
Most Common Grant
$103K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Calvary Baptist ChurchREQUESTED DISTRIBUTION | Wilmington, OH | $103K | 2023 |
RALEIGH, NC
CARROLLTON, IL
CROSSVILLE, TN
MACON, GA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
DUBLIN, OH
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