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Joan W Cress Charitable Trust is a private corporation based in LEXINGTON, SC. The foundation received its IRS ruling in 2008. It holds total assets of $1.3M. Annual income is reported at $347K. The foundation is governed by 2 officers and trustees. Direct donations to other 501c3 charities all listed on sch xv. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Joan W Cress Charitable Trust has made 10 grants totaling $69K, with a median grant of $7K. Individual grants have ranged from $6K to $7K, with an average award of $7K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Michigan, South Carolina, Nebraska, which account for 60% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Direct donations to other 501c3 charities all listed on sch xv
Expenses: $61K
Direct donations to other 501c3 charities all listed on sch xv. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MI, SC, NE.
Joan W Cress Charitable Trust has distributed a total of $69K across 10 grants. The median grant size is $7K, with an average of $7K. Individual grants have ranged from $6K to $7K.
Joan W Cress Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Joan W Cress Charitable Trust is headquartered in LEXINGTON, SC. While based in SC, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew R Cress | TRUSTEE | $1K | $0 | $1K |
| Cynthia J Nipper | TRUSTEE | $1K | $0 | $1K |
Total Giving
$87K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$61K
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$9K
Total Grants
10
Total Giving
$69K
Average Grant
$7K
Median Grant
$7K
Unique Recipients
10
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Peoples City MissionGENERAL | Lincoln, NE | $7K | 2022 |
| Samaritans PurseGENERAL | Boone, NC | $7K | 2022 |
| Doctorsw Without BordersGENERAL | Hagerstown, MD | $7K | 2022 |
| Rafiki FoundationGENERAL | Eustis, FL | $7K | 2022 |
| Hospice Of Lansing IncGENERAL | Lansing, MI | $7K | 2022 |
| Fair Play Camp SchoolGENERAL | Westminister, SC | $7K | 2022 |
| Reconciliation MinistriesGENERAL | Columbia, SC | $7K | 2022 |
| Greater Lansing Food BankGENERAL | Lansing, MI | $7K | 2022 |
| Prison FellowshipGENERAL | Merrifield, VA | $7K | 2022 |
| Food Bank Of Lincoln IncGENERAL | Lincoln, NE | $6K | 2022 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC