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Lucille A Herold Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1976. The principal officer is Marine Midland Bnk Na Trust Oper Ctr. It holds total assets of $1.2M. Annual income is reported at $87K. Total assets have decreased from $1.5M in 2010 to $1.1M in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, Lucille A Herold Trust has made 51 grants totaling $645K, with a median grant of $10K. Annual giving has decreased from $201K in 2020 to $133K in 2023. Grantmaking activity was highest in 2022 with $311K distributed across 27 grants. Individual grants have ranged from $3K to $35K, with an average award of $13K. The foundation has supported 17 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$20K
Based on 9 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.
Lucille A Herold Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in NY.
Lucille A Herold Trust has distributed a total of $645K across 51 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $3K to $35K.
Lucille A Herold Trust typically selects its grantees rather than accepting unsolicited proposals.
Lucille A Herold Trust is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hsbc Bank Usa | TRUSTEE | $27K | $0 | $27K |
| James E Prout | TRUSTEE | $3K | $0 | $3K |
| Robert B Macchesney | TRUSTEE | $3K | $0 | $3K |
Total Giving
$168K
Total Assets
$1.1M
Fair Market Value
$2.1M
Net Worth
$1.1M
Grants Paid
$133K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$106K
Total: $335K
Total Grants
51
Total Giving
$645K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
17
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wildwood FoundationPROGRAM SUPPORT | Schenectady, NY | $10K | 2023 |
| Weare C Little MemorialPROGRAM SUPPORT | Albany, NY | $5K | 2020 |
| Capital RootsPROGRAM SUPPORT | Troy, NY | $25K | 2023 |
| Renesselaer CountyPROGRAM SUPPORT | Troy, NY | $20K | 2023 |
| Capital Repertory TheatrePROGRAM SUPPORT | Albany, NY | $15K | 2023 |
| Averill Park EducationPROGRAM SUPPORT | Averill Park, NY | $14K | 2023 |
| The Arts Center Of ThePROGRAM SUPPORT | Troy, NY | $10K | 2023 |
| Boys & Girls Club Of AlbanyPROGRAM SUPPORT | Albany, NY | $10K | 2023 |
| Troy Savings Bank Music HallPROGRAM SUPPORT | Troy, NY | $10K | 2023 |
| Adirondack Folk School IncPROGRAM SUPPORT | Lake Luzerne, NY | $10K | 2023 |
| Friends Of ChamberPROGRAM SUPPORT | Troy, NY | $7K | 2023 |
| Troy Chromatic Concerts IncPROGRAM SUPPORT | Albany, NY | $3K | 2023 |
| Rensselaer CountyPROGRAM SUPPORT | Troy, NY | $20K | 2022 |
| Albany SymphonyPROGRAM SUPPORT | Albany, NY | $20K | 2020 |
| Boys & Girls Clubs Of AlbanyPROGRAM SUPPORT | Albany, NY | $10K | 2020 |
| Sand Lake Center For The ArtsPROGRAM SUPPORT | Averill Park, NY | $5K | 2020 |
| The Children'S Museum Of SciencePROGRAM SUPPORT | Troy, NY | $5K | 2020 |