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H E And Ruby Pelz Trust 2 is a private trust based in MARSHALL, TX. The foundation received its IRS ruling in 1992. The principal officer is Scott Rectenwald. It holds total assets of $873K. Annual income is reported at $89K. The foundation is governed by 3 officers and trustees. Michelson museum of art conservesexhibits paintings and provides art lessons and enhances creativity for children serves 8000 persons annually. Tax records are available from 2017 to 2024. Grantmaking is concentrated in Texas. According to available records, H E And Ruby Pelz Trust 2 has made 67 grants totaling $231K, with a median grant of $4K. Annual giving has decreased from $153K in 2023 to $78K in 2024. Individual grants have ranged from $500 to $5K, with an average award of $3K. The foundation has supported 24 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$4K
Largest Grant
$5K
Based on 20 grants from the most recent 990-PF filing.
Michelson museum of art conservesexhibits paintings and provides art lessons and enhances creativity for children serves 8000 persons annually
Expenses: $5K
Society of st stephen provides indigent families in the harrison county area with various needs serves over 400 area children annually
Expenses: $5K
Trinity episcopal church is a religious organization serving over 400 families
Expenses: $5K
Trinity episcopal school is a religious organization serving over 400 families
Expenses: $5K
Michelson museum of art conservesexhibits paintings and provides art lessons and enhances creativity for children serves 8000 persons annually. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in TX.
H E And Ruby Pelz Trust 2 has distributed a total of $231K across 67 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $500 to $5K.
Educational scientific religious or to relieve suffering.
H E And Ruby Pelz Trust 2 is headquartered in MARSHALL, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cary M Abney | SECRETARY CO TRUSTEE | $14K | $0 | $14K |
| Scott Rectenwald | PRESIDENT CO TRUSTEE | $0 | $0 | $200 |
| Richard B Abney | VICE PRES CO TRUSTEE | $0 | $0 | $200 |
Total Giving
$110K
Total Assets
$911K
Fair Market Value
$1.9M
Net Worth
$911K
Grants Paid
$78K
Contributions
N/A
Net Investment Income
$144K
Distribution Amount
$86K
Total: $855K
Total Grants
67
Total Giving
$231K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
24
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Empty Stocking FundOPERATIONS | Marshall, TX | $5K | 2024 |
| Court Appointed Special AdvocatesOPERATIONS | Marshall, TX | $3K | 2024 |
| Texas State Tech College FoundationOPERATIONS | Marshall, TX | $5K | 2024 |
| Marshall Harrison Co LiteracyOPERATIONS | Marshall, TX | $5K | 2024 |
| Mission MarshallOPERATIONS | Marshall, TX | $5K | 2024 |
| Marshall Education FoundationOPERATIONS | Marshall, TX | $5K | 2024 |
| Boys And Girls ClubOPERATIONS | Marshall, TX | $5K | 2024 |
| Etbu Nursing SchoolOPERATIONS | Marshall, TX | $5K | 2024 |
| Trinity Episcopal SchoolOPERATIONS | Marshall, TX | $5K | 2024 |
| Trinity Episcopal ChurchOPERATIONS | Marshall, TX | $5K | 2024 |
| Michelson Museum Of ArtOPERATIONS | Marshall, TX | $5K | 2024 |
| Society Of St StephensOPERATIONS | Marshall, TX | $5K | 2024 |
| Harrison Count Historical MuseumOPERATIONS | Marshall, TX | $4K | 2024 |
| Cason Westmoreland FoundationOPERATIONS | Marshall, TX | $3K | 2024 |
| Marshall Regional Arts CouncilOPERATIONS | Marshall, TX | $3K | 2024 |
| Marshall Pregnancy Resource CenterOPERATIONS | Marshall, TX | $3K | 2024 |
| East Texas Food BankASSISTANCE | Tyler, TX | $3K | 2024 |
| Windridge Therapeutic EquestrianASSISTANCE | Diana, TX | $2K | 2024 |
| Boy Scout TroopsOPERATIONS | Marshall, TX | $2K | 2024 |
| Harrison Co Soil Water ConservationOPERATIONS | Marshall, TX | $1K | 2024 |
| Marshall Depot IncOPERATIONS | Marshall, TX | $1K | 2024 |