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Mae T Drew Charitable Trust is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2013. The principal officer is % Bank Of America Na. It holds total assets of $1.4M. Annual income is reported at $312K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mae T Drew Charitable Trust has made 12 grants totaling $271K, with a median grant of $21K. Annual giving has grown from $58K in 2021 to $128K in 2023. Individual grants have ranged from $19K to $28K, with an average award of $23K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Hampshire and Vermont. Contributions to this foundation are tax-deductible.
Mae T Drew Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NH, VT.
Mae T Drew Charitable Trust has distributed a total of $271K across 12 grants. The median grant size is $21K, with an average of $23K. Individual grants have ranged from $19K to $28K.
Mae T Drew Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mae T Drew Charitable Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $22K | $0 | $22K |
Total Giving
$85K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$60K
Contributions
$0
Net Investment Income
$28K
Distribution Amount
$77K
Total Grants
12
Total Giving
$271K
Average Grant
$23K
Median Grant
$21K
Unique Recipients
3
Most Common Grant
$21K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Hampshire Catholic CharitiesUNRESTRICTED GENERAL | Manchester, NH | $21K | 2023 |
| New Hampshire Association For The BlindUNRESTRICTED GENERAL | Concord, NH | $21K | 2023 |
| Assumption Church Of CanaanUNRESTRICTED GENERAL | Beecher Falls, VT | $21K | 2023 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
HOUSTON, TX
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