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Gussie Heins Residuary Trust 50019025 is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2006. The principal officer is Jpmorgan Chase Bank. It holds total assets of $6.2M. Annual income is reported at $2.2M. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Gussie Heins Residuary Trust 50019025 has made 8 grants totaling $1.6M, with a median grant of $208K. The foundation has distributed between $387K and $831K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $831K distributed across 4 grants. Individual grants have ranged from $194K to $210K, with an average award of $205K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. 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.
Gussie Heins Residuary Trust 50019025 primarily funds organizations in the area of human services. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IL.
Gussie Heins Residuary Trust 50019025 has distributed a total of $1.6M across 8 grants. The median grant size is $208K, with an average of $205K. Individual grants have ranged from $194K to $210K.
Gussie Heins Residuary Trust 50019025 typically selects its grantees rather than accepting unsolicited proposals.
Gussie Heins Residuary Trust 50019025 is headquartered in CHICAGO, IL.
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
$511K
Total Assets
$6.2M
Fair Market Value
$8.7M
Net Worth
$6.2M
Grants Paid
$419K
Contributions
N/A
Net Investment Income
$255K
Distribution Amount
$401K
Total: $5.6M
Total Grants
8
Total Giving
$1.6M
Average Grant
$205K
Median Grant
$208K
Unique Recipients
2
Most Common Grant
$208K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bensenville Home SocietyGENERAL | Oak Brook, IL | $210K | 2023 |
| Uhlich Children'S HomeGENERAL | Chicago, IL | $209K | 2023 |