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Lanier Foundation Charitable Trust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2019. The principal officer is Jerry Lanier. It holds total assets of $1.6M. Annual income is reported at $1.2M. Total assets have grown from $4K in 2017 to $988K in 2022. The foundation is governed by 2 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, Lanier Foundation Charitable Trust has made 5 grants totaling $129K, with a median grant of $20K. Annual giving has grown from $15K in 2020 to $74K in 2023. Individual grants have ranged from $4K to $70K, with an average award of $26K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Tennessee and California and Ohio. 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.
Lanier Foundation Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in TN, CA, OH.
Lanier Foundation Charitable Trust has distributed a total of $129K across 5 grants. The median grant size is $20K, with an average of $26K. Individual grants have ranged from $4K to $70K.
Lanier Foundation Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Lanier Foundation Charitable Trust is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerry Lanier | TRUSTEE | $0 | $0 | N/A |
| Brenda Lanier | TRUSTEE | $0 | $0 | N/A |
Total Giving
$81K
Total Assets
$988K
Fair Market Value
$1.1M
Net Worth
$988K
Grants Paid
$74K
Contributions
$326K
Net Investment Income
$21K
Distribution Amount
$49K
Total: N/A
Total Grants
5
Total Giving
$129K
Average Grant
$26K
Median Grant
$20K
Unique Recipients
4
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Meharry Medical CenterUNRESTRICTED GENERAL | Nashville, TN | $70K | 2023 |
| Samaritan Center Free ClinicUNRESTRICTED GENERAL | Visalia, CA | $4K | 2023 |
| Institute Of DivineUNRESTRICTED GENERAL | Los Angeles, CA | $20K | 2022 |
| Kiddie Jazz Club IncUNRESTRICTED GENERAL | Cuyahoga Falles, OH | $15K | 2020 |