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Hecht Memorial Fund is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1983. The principal officer is % Contl Ill National Bk Attn Trust Tax Div. It holds total assets of $5.7M. Annual income is reported at $1.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hecht Memorial Fund has made 9 grants totaling $969K, with a median grant of $102K. Annual giving has grown from $355K in 2022 to $614K in 2023. Individual grants have ranged from $102K to $118K, with an average award of $108K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Oklahoma and Illinois and Florida. Contributions to this foundation are tax-deductible.
Hecht Memorial Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in OK, IL, FL.
Hecht Memorial Fund has distributed a total of $969K across 9 grants. The median grant size is $102K, with an average of $108K. Individual grants have ranged from $102K to $118K.
Hecht Memorial Fund typically selects its grantees rather than accepting unsolicited proposals.
Hecht Memorial Fund is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $61K | $0 | $61K |
Total Giving
$308K
Total Assets
$5.6M
Fair Market Value
$6.7M
Net Worth
$5.6M
Grants Paid
$237K
Contributions
$0
Net Investment Income
$141K
Distribution Amount
$302K
Total Grants
9
Total Giving
$969K
Average Grant
$108K
Median Grant
$102K
Unique Recipients
3
Most Common Grant
$102K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyUNRESTRICTED GENERAL | Oklahoma City, OK | $102K | 2023 |
| Shriners Hospital ForUNRESTRICTED GENERAL | Tampa, FL | $102K | 2023 |
| Salvation Army Metro DivUNRESTRICTED GENERAL | Chicago, IL | $102K | 2023 |
Other foundations that have funded Hecht Memorial Fund.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Aml Charitable Foundation | $62 | 2023 | SOCIAL SERVICES |
HOUSTON, TX
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