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John Marshall Lockhart Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1971. The principal officer is Deutsche Bank Trust Co Ny. It holds total assets of $56.9M. Annual income is reported at $10.5M. Total assets have grown from $35.2M in 2011 to $52.5M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. 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 Marshall Lockhart Trust has made 4 grants totaling $10.6M, with a median grant of $2.5M. The foundation has distributed between $2.5M and $5.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $5.1M distributed across 2 grants. Individual grants have ranged from $2.5M to $2.9M, with an average award of $2.6M. Grant recipients are concentrated in New York. 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 Marshall Lockhart Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
John Marshall Lockhart Trust has distributed a total of $10.6M across 4 grants. The median grant size is $2.5M, with an average of $2.6M. Individual grants have ranged from $2.5M to $2.9M.
John Marshall Lockhart Trust typically selects its grantees rather than accepting unsolicited proposals.
John Marshall Lockhart Trust is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deutsche Bank Trust Company N A | TRUSTEE | $31K | $0 | $31K |
Total Giving
$3M
Total Assets
$52.5M
Fair Market Value
$58.6M
Net Worth
$52.5M
Grants Paid
$2.9M
Contributions
N/A
Net Investment Income
$6.9M
Distribution Amount
$2.6M
Total Grants
4
Total Giving
$10.6M
Average Grant
$2.6M
Median Grant
$2.5M
Unique Recipients
1
Most Common Grant
$2.5M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rensselaer PolytechnicGENERAL SUPPORT GRANT | Troy, NY | $2.9M | 2023 |