//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Grace H Westerfield Trust Uw is a private trust based in CAMDEN, ME. The foundation received its IRS ruling in 1997. The principal officer is James G Elliott Trustee. It holds total assets of $396K. Annual income is reported at $181K. Total assets have grown from $243K in 2011 to $360K in 2023. The foundation is governed by 1 officer or trustee. In accordance with the will of the decedent, income earned on the initial investment established by the will is distributed in equal measure to 3 local organizations: camden health care center/quarry hill (formerly camden community hospital); camden public library of camden, maine; and pen bay waldo healthcare foundation (formerly knox county general hospital). The distributions to all three organizations are given to fund the general operations of each organization. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maine. According to available records, Grace H Westerfield Trust Uw has made 12 grants totaling $77K, with a median grant of $7K. Annual giving has decreased from $21K in 2020 to $15K in 2023. Grantmaking activity was highest in 2022 with $41K distributed across 6 grants. Individual grants have ranged from $4K to $7K, with an average award of $6K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$7K
Average Grant
$7K
Largest Grant
$7K
Based on 3 grants from the most recent 990-PF filing.
In accordance with the will of the decedent, income earned on the initial investment established by the will is distributed in equal measure to 3 local organizations: camden health care center/quarry hill (formerly camden community hospital); camden public library of camden, maine; and pen bay waldo healthcare foundation (formerly knox county general hospital). The distributions to all three organizations are given to fund the general operations of each organization.
Expenses: $26K
In accordance with the will of the decedent, income earned on the initial investment established by the will is distributed in equal measure to 3 local organizations: camden health care center/quarry hill (formerly camden community hospital); camden public library of camden, maine; and pen bay waldo healthcare foundation (formerly knox county general hospital). The distributions to all three organizations are given to fund the general operations of each organization. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in ME.
Grace H Westerfield Trust Uw has distributed a total of $77K across 12 grants. The median grant size is $7K, with an average of $6K. Individual grants have ranged from $4K to $7K.
Grace H Westerfield Trust Uw typically selects its grantees rather than accepting unsolicited proposals.
Grace H Westerfield Trust Uw is headquartered in CAMDEN, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rendle A Jones | TRUSTEE | $5K | $0 | $5K |
Total Giving
$22K
Total Assets
$360K
Fair Market Value
$523K
Net Worth
$360K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$23K
Total: $199K
Total Grants
12
Total Giving
$77K
Average Grant
$6K
Median Grant
$7K
Unique Recipients
3
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Camden Health Care Centerquarry HiGENERAL OPERATIONS | Belfast, ME | $6K | 2023 |
| Camden Public LibraryGENERAL OPERATIONS | Cameden, ME | $6K | 2023 |
| Pen Bay Waldo Healthcare FoundationGENERAL OPERATIONS | Belfast, ME | $4K | 2023 |