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Karl M & Ruth W Linville Mem Fund is a private corporation based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2003. The principal officer is Wells Fargo Bank Na Trust Dept. It holds total assets of $1.7M. Annual income is reported at $552K. The foundation is governed by 1 officer or trustee. 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 2018 to 2023. According to available records, Karl M & Ruth W Linville Mem Fund has made 3 grants totaling $297K, with a median grant of $97K. The foundation has distributed between $90K and $110K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $110K distributed across 1 grants. Individual grants have ranged from $90K to $110K, with an average award of $99K. Grant recipients are concentrated in North Carolina. 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.
Karl M & Ruth W Linville Mem Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Karl M & Ruth W Linville Mem Fund has distributed a total of $297K across 3 grants. The median grant size is $97K, with an average of $99K. Individual grants have ranged from $90K to $110K.
Karl M & Ruth W Linville Mem Fund typically selects its grantees rather than accepting unsolicited proposals.
Karl M & Ruth W Linville Mem Fund is headquartered in SAINT LOUIS, MO.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $28K | $0 | $28K |
Total Giving
$128K
Total Assets
$1.7M
Fair Market Value
$2.2M
Net Worth
$1.7M
Grants Paid
$97K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$103K
Total: N/A
Total Grants
3
Total Giving
$297K
Average Grant
$99K
Median Grant
$97K
Unique Recipients
1
Most Common Grant
$90K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Masonic & Eastern Star Home NcGENERAL OPERATING | Greensboro, NC | $97K | 2023 |