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John C & Nettie V David Memorial Trust is a private trust based in EDINA, MN. The foundation received its IRS ruling in 1975. It holds total assets of $3.1M. Annual income is reported at $604K. Total assets have decreased from $5M in 2011 to $3.1M in 2024. The foundation is governed by 2 officers and trustees. The will establishing the trust requires that contributions be made only to the university of nebraska foundation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, John C & Nettie V David Memorial Trust has made 5 grants totaling $1.1M, with a median grant of $210K. The foundation has distributed between $210K and $420K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $420K distributed across 2 grants. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Nebraska. Contributions to this foundation are tax-deductible.
The will establishing the trust requires that contributions be made only to the university of nebraska foundation.
Expenses: $221K
The will establishing the trust requires that contributions be made only to the university of nebraska foundation. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NE.
John C & Nettie V David Memorial Trust has distributed a total of $1.1M across 5 grants. The median grant size is $210K, with an average of $210K. Individual grants have ranged from $210K to $210K.
John C & Nettie V David Memorial Trust typically selects its grantees rather than accepting unsolicited proposals.
John C & Nettie V David Memorial Trust is headquartered in EDINA, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric J Lindstrom | Trustee | $21K | $0 | $21K |
| Ernest A Lindstrom | Trustee | $5K | $0 | $5K |
Total Giving
N/A
Total Assets
$3.1M
Fair Market Value
N/A
Net Worth
$3.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$1.1M
Average Grant
$210K
Median Grant
$210K
Unique Recipients
2
Most Common Grant
$210K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Univ Of Nebraska FoundationCANCER RESEARCH/EDUCATION | Lincoln, NE | $210K | 2024 |
| Univ Of Nebraska FndnCANCER RESEARCH/EDUCATION | Lincoln, NE | $210K | 2022 |