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Lolita Sheldon Armour Article Viii Charitable Trust is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1979. The principal officer is Cont Il National Bank Ttee. It holds total assets of $28.7M. Annual income is reported at $2.9M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Illinois. According to available records, Lolita Sheldon Armour Article Viii Charitable Trust has made 6 grants totaling $3.3M, with a median grant of $479K. Annual giving has decreased from $1.9M in 2022 to $1.4M in 2023. Individual grants have ranged from $353K to $958K, with an average award of $556K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$479K
Median Grant
$479K
Average Grant
$639K
Largest Grant
$958K
Based on 3 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.
Lolita Sheldon Armour Article Viii Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL.
Lolita Sheldon Armour Article Viii Charitable Trust has distributed a total of $3.3M across 6 grants. The median grant size is $479K, with an average of $556K. Individual grants have ranged from $353K to $958K.
Lolita Sheldon Armour Article Viii Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Lolita Sheldon Armour Article Viii Charitable Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $202K | $0 | $202K |
Total Giving
N/A
Total Assets
$28.7M
Fair Market Value
N/A
Net Worth
$28.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$3.3M
Average Grant
$556K
Median Grant
$479K
Unique Recipients
3
Most Common Grant
$479K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Illinois Institute Of TechnologyUNRESTRICTED GENERAL | Chicago, IL | $706K | 2023 |
| Rush Presbyterian Medical CenterUNRESTRICTED GENERAL | Chicago, IL | $362K | 2023 |
| The Chicago Community TrustUNRESTRICTED GENERAL | Chicago, IL | $353K | 2023 |