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Jess & Grace Pavey Charitable Trust 4400218000 is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2004. The principal officer is Bank One Trust Co Na Tax Dept Wi. It holds total assets of $1.7M. Annual income is reported at $582K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Jess & Grace Pavey Charitable Trust 4400218000 has made 4 grants totaling $340K, with a median grant of $80K. The foundation has distributed between $77K and $102K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $102K distributed across 1 grants. Individual grants have ranged from $77K to $102K, with an average award of $85K. Grant recipients are concentrated in Virginia. 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.
Jess & Grace Pavey Charitable Trust 4400218000 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in VA.
Jess & Grace Pavey Charitable Trust 4400218000 has distributed a total of $340K across 4 grants. The median grant size is $80K, with an average of $85K. Individual grants have ranged from $77K to $102K.
Jess & Grace Pavey Charitable Trust 4400218000 typically selects its grantees rather than accepting unsolicited proposals.
Jess & Grace Pavey Charitable Trust 4400218000 is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip Vestevich | CO-TRUSTEE | $10K | $0 | $10K |
| Melissa A Babcock | CO-TRUSTEE | $5K | $0 | $5K |
Total Giving
$130K
Total Assets
$1.7M
Fair Market Value
$2.3M
Net Worth
$1.7M
Grants Paid
$83K
Contributions
N/A
Net Investment Income
$78K
Distribution Amount
$109K
Total: $1.5M
Total Grants
4
Total Giving
$340K
Average Grant
$85K
Median Grant
$80K
Unique Recipients
1
Most Common Grant
$77K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mount Vernon Ladies AssociationGENERAL | Mt Vernon, VA | $83K | 2023 |