//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hugh C Wallace Charity Trust 5-241 is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1970. It holds total assets of $85K. Annual income is reported at $19K. Total assets have decreased from $111K in 2011 to $88K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Washington. According to available records, Hugh C Wallace Charity Trust 5-241 has made 12 grants totaling $14K, with a median grant of $1K. Annual giving has decreased from $5K in 2020 to $4K in 2022. Grantmaking activity was highest in 2021 with $5K distributed across 5 grants. Individual grants have ranged from $400 to $3K, with an average award of $1K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Washington and Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$670
Median Grant
$1K
Average Grant
$2K
Largest Grant
$3K
Based on 3 grants from the most recent 990-PF filing.
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.
Hugh C Wallace Charity Trust 5-241 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in WA, OH.
Hugh C Wallace Charity Trust 5-241 has distributed a total of $14K across 12 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $400 to $3K.
Hugh C Wallace Charity Trust 5-241 typically selects its grantees rather than accepting unsolicited proposals.
Hugh C Wallace Charity Trust 5-241 is headquartered in BROOKLYN, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank National Association | TRUSTEE | $4K | $0 | $4K |
Total Giving
$5K
Total Assets
$88K
Fair Market Value
$89K
Net Worth
$88K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$4K
Total Grants
12
Total Giving
$14K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Junior Achievement Of WashingtonGENERAL OPERATING | Auburn, WA | $1K | 2022 |
| Oasis Youth CenterGENERAL OPERATING | Millersburg, OH | $1K | 2022 |
| Shared Housing ServicesGENERAL OPERATING | Tacoma, WA | $2K | 2021 |
| Cjk Community HomesGENERAL OPERATING | Tacoma, WA | $1K | 2021 |
| Your Money MattersGENERAL OPERATING | Auburn, WA | $1K | 2021 |
| Junior Achievement Of WaGENERAL OPERATING | Seattle, WA | $400 | 2021 |
| Junior Achievement OfGENERAL OPERATING | Seattle, WA | $1K | 2020 |
| Peace Commuity CenterGENERAL OPERATING | Tacoma, WA | $670 | 2020 |