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Jacob L Loose Million Dollar Charity Fund Trust 55 is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1938. The principal officer is Bank Of America N A Ttee. It holds total assets of $3.7M. Annual income is reported at $838K. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. According to available records, Jacob L Loose Million Dollar Charity Fund Trust 55 has made 4 grants totaling $771K, with a median grant of $197K. The foundation has distributed between $171K and $413K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $413K distributed across 2 grants. Individual grants have ranged from $171K to $206K, with an average award of $193K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Missouri. 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.
Jacob L Loose Million Dollar Charity Fund Trust 55 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MO.
Jacob L Loose Million Dollar Charity Fund Trust 55 has distributed a total of $771K across 4 grants. The median grant size is $197K, with an average of $193K. Individual grants have ranged from $171K to $206K.
The application deadline is VIEW GUIDELINES FOR GRANT SEEKERS AT WWW.GKCCF.ORG - GREATER KANSAS CITY COMMUNITY FOUNDATION. Restricted to charitable purposes in kansas city, missouri.
Jacob L Loose Million Dollar Charity Fund Trust 55 is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $30K | $0 | $30K |
Total Giving
$222K
Total Assets
$3.6M
Fair Market Value
$4.2M
Net Worth
$3.6M
Grants Paid
$187K
Contributions
N/A
Net Investment Income
$85K
Distribution Amount
$193K
Total Grants
4
Total Giving
$771K
Average Grant
$193K
Median Grant
$197K
Unique Recipients
2
Most Common Grant
$206K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Kansas CityFOR CHARITABLE PURPOSES IN | Kansas City, MO | $206K | 2022 |
| Greater Kansas City Community FoundationFOR CHARITABLE PURPOSES IN | Kansas City, MO | $187K | 2023 |