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Also known as: FOUNDATION
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John And Margaret Wise Charitable Foundation is a private trust based in PORTLAND, ME. The foundation received its IRS ruling in 2013. The principal officer is Verrill Dana Llp. It holds total assets of $865K. Annual income is reported at $281K. Total assets have grown from $449K in 2012 to $815K in 2023. The foundation is governed by 4 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 2020 to 2023. According to available records, John And Margaret Wise Charitable Foundation has made 4 grants totaling $270K, with a median grant of $68K. The foundation has distributed between $60K and $150K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $150K distributed across 2 grants. Individual grants have ranged from $60K to $75K, with an average award of $68K. Grant recipients are concentrated in Kentucky. 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.
John And Margaret Wise Charitable Foundation 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 KY.
John And Margaret Wise Charitable Foundation has distributed a total of $270K across 4 grants. The median grant size is $68K, with an average of $68K. Individual grants have ranged from $60K to $75K.
John And Margaret Wise Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Margaret Wise Charitable Foundation is headquartered in PORTLAND, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kurt E Klebe | TRUSTEE | $5K | $0 | $5K |
| Margaret Hinkley Wise | TRUSTEE | $0 | $0 | N/A |
| Margaret Douglas Wise | TRUSTEE | $0 | $0 | N/A |
| Katherine Pharibe Wise | TRUSTEE | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$815K
Fair Market Value
$1.2M
Net Worth
$815K
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$44K
Distribution Amount
$51K
Total: $462K
Total Grants
4
Total Giving
$270K
Average Grant
$68K
Median Grant
$68K
Unique Recipients
1
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation Of LouisvilleGENERAL SUPPORT | Louisville, KY | $60K | 2023 |