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M A & G A Ackerman Memorial Fund 32-44303-8 is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1973. The principal officer is Bank Of America Nt & Sa. It holds total assets of $26.2M. Annual income is reported at $6.1M. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2023. According to available records, M A & G A Ackerman Memorial Fund 32-44303-8 has made 3 grants totaling $4M, with a median grant of $1.4M. Annual giving has grown from $1.2M in 2021 to $2.8M in 2022. Individual grants have ranged from $1.2M to $1.4M, with an average award of $1.3M. Grant recipients are concentrated in Rhode Island.
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.
M A & G A Ackerman Memorial Fund 32-44303-8 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in RI.
M A & G A Ackerman Memorial Fund 32-44303-8 has distributed a total of $4M across 3 grants. The median grant size is $1.4M, with an average of $1.3M. Individual grants have ranged from $1.2M to $1.4M.
Limited to city of chicago. Affiliation with the catholic church and protestant church is required.
M A & G A Ackerman Memorial Fund 32-44303-8 is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $104K | $0 | $104K |
Total Giving
$1.5M
Total Assets
$24.9M
Fair Market Value
$29M
Net Worth
$24.9M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$565K
Distribution Amount
$1.4M
Total Grants
3
Total Giving
$4M
Average Grant
$1.3M
Median Grant
$1.4M
Unique Recipients
1
Most Common Grant
$1.4M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementUNRESTRICTED GENERAL | Providence, RI | $1.4M | 2022 |