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Louise Bowen Morris Charitable Trus T Fund is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1993. The principal officer is First Citizens Bank Ttee. It holds total assets of $925K. Annual income is reported at $250K. 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 2017 to 2023. The foundation primarily funds organizations in Virginia and West Virginia. According to available records, Louise Bowen Morris Charitable Trus T Fund has made 9 grants totaling $161K, with a median grant of $19K. Annual giving has grown from $50K in 2020 to $112K in 2022. Individual grants have ranged from $17K to $19K, with an average award of $18K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Virginia and West Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$17K
Median Grant
$17K
Average Grant
$17K
Largest Grant
$17K
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.
Louise Bowen Morris Charitable Trus T Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in VA, WV.
Louise Bowen Morris Charitable Trus T Fund has distributed a total of $161K across 9 grants. The median grant size is $19K, with an average of $18K. Individual grants have ranged from $17K to $19K.
Louise Bowen Morris Charitable Trus T Fund typically selects its grantees rather than accepting unsolicited proposals.
Louise Bowen Morris Charitable Trus T Fund is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank | TRUSTEE | $14K | $0 | $14K |
Total Giving
$64K
Total Assets
$927K
Fair Market Value
$1M
Net Worth
$927K
Grants Paid
$49K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$48K
Total: $897K
Total Grants
9
Total Giving
$161K
Average Grant
$18K
Median Grant
$19K
Unique Recipients
2
Most Common Grant
$19K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchGENERAL FUNDING | Bluefield, WV | $19K | 2022 |
| Union Presbyterian SeminaryCONTRIBUTION | Richmond, VA | $19K | 2022 |