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Institute Of The North Trust is a private trust based in ANCHORAGE, AK. The foundation received its IRS ruling in 2022. The principal officer is First National Bank Alaska Ttee. It holds total assets of $2.3M. Annual income is reported at $2M. Total assets have grown from $569K in 2022 to $2.3M in 2023. The purpose of this private foundation is solely to provide support to the institute of the north. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Institute Of The North Trust has made 2 grants totaling $328K, with a median grant of $164K. The foundation has distributed between $158K and $169K annually from 2022 to 2023. Individual grants have ranged from $158K to $169K, with an average award of $164K. Grant recipients are concentrated in Alaska. Contributions to this foundation are tax-deductible.
The purpose of this private foundation is solely to provide support to the institute of the north.
Expenses: $171K
The purpose of this private foundation is solely to provide support to the institute of the north. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in AK.
Institute Of The North Trust has distributed a total of $328K across 2 grants. The median grant size is $164K, with an average of $164K. Individual grants have ranged from $158K to $169K.
Institute Of The North Trust typically selects its grantees rather than accepting unsolicited proposals.
Institute Of The North Trust is headquartered in ANCHORAGE, AK.
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
$188K
Total Assets
$2.3M
Fair Market Value
$2.3M
Net Worth
$2.3M
Grants Paid
$158K
Contributions
$1.7M
Net Investment Income
$97K
Distribution Amount
$107K
Total Grants
2
Total Giving
$328K
Average Grant
$164K
Median Grant
$164K
Unique Recipients
1
Most Common Grant
$169K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Institute Of The NorthOPERATING EXPENSES | Anchorage, AK | $158K | 2023 |