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Grace G Thornton Uta Scholarship Trust R76992008 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2019. The principal officer is Jp Morgan Chase Bank Ttee. It holds total assets of $5.9M. Annual income is reported at $2.2M. Total assets have grown from $2.1M in 2018 to $5.5M in 2023. 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. According to available records, Grace G Thornton Uta Scholarship Trust R76992008 has made 3 grants totaling $5.4M, with a median grant of $2M. Annual giving has decreased from $2M in 2021 to $1.2M in 2023. Grantmaking activity was highest in 2022 with $2.2M distributed across 1 grants. Individual grants have ranged from $1.2M to $2.2M, with an average award of $1.8M. 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.
Grace G Thornton Uta Scholarship Trust R76992008 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TX.
Grace G Thornton Uta Scholarship Trust R76992008 has distributed a total of $5.4M across 3 grants. The median grant size is $2M, with an average of $1.8M. Individual grants have ranged from $1.2M to $2.2M.
Grace G Thornton Uta Scholarship Trust R76992008 typically selects its grantees rather than accepting unsolicited proposals.
Grace G Thornton Uta Scholarship Trust R76992008 is headquartered in CHICAGO, IL.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$1.7M
Total Assets
$5.5M
Fair Market Value
$10.8M
Net Worth
$5.5M
Grants Paid
$1.2M
Contributions
N/A
Net Investment Income
$1.5M
Distribution Amount
$517K
Total: $5.1M
Total Grants
3
Total Giving
$5.4M
Average Grant
$1.8M
Median Grant
$2M
Unique Recipients
1
Most Common Grant
$2.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Texas At ArlingtonSCHOLARSHIP | Arlington, TX | $1.2M | 2023 |