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Kinglsey Gillespie Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2016. The principal officer is Ct2-547-05-19. It holds total assets of $110.3M. Annual income is reported at $52.6M. Total assets have grown from $83.8M in 2018 to $109.3M in 2024. 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 2021 to 2024. The foundation primarily funds organizations in Connecticut, New York and Massachusetts. According to available records, Kinglsey Gillespie Charitable Trust has made 24 grants totaling $24.5M, with a median grant of $663K. Annual giving has grown from $4.9M in 2021 to $13.3M in 2023. Individual grants have ranged from $485K to $3.3M, with an average award of $1M. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Connecticut and New York and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$642K
Median Grant
$642K
Average Grant
$1.1M
Largest Grant
$3.2M
Based on 6 grants from the most recent 990-PF filing.
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.
Kinglsey Gillespie Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in CT, NY, MA.
Kinglsey Gillespie Charitable Trust has distributed a total of $24.5M across 24 grants. The median grant size is $663K, with an average of $1M. Individual grants have ranged from $485K to $3.3M.
Kinglsey Gillespie Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Kinglsey Gillespie Charitable Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $356K | $0 | $356K |
Total Giving
$6.1M
Total Assets
$109.3M
Fair Market Value
N/A
Net Worth
$109.3M
Grants Paid
N/A
Contributions
$151K
Net Investment Income
$7M
Distribution Amount
$6M
Total Grants
24
Total Giving
$24.5M
Average Grant
$1M
Median Grant
$663K
Unique Recipients
6
Most Common Grant
$663K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchUNRESTRICTED GENERAL | Stamford, CT | $663K | 2023 |
| The Stamford HospitalUNRESTRICTED GENERAL | Stamford, CT | $3.3M | 2023 |
| Long Island Museum Of AmericaUNRESTRICTED GENERAL | Stony Brook, NY | $663K | 2023 |
| Setauket Presbyterian ChurchUNRESTRICTED GENERAL | Setauket, NY | $663K | 2023 |
| Stamford Rotary Trust FundUNRESTRICTED GENERAL | Stamford, CT | $663K | 2023 |
| Massachusetts Institute Of TechUNRESTRICTED GENERAL | Cambridge, MA | $663K | 2023 |