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Margaret Collins Testamentary Trust is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 2006. The principal officer is Us Bank Trust Tax Department. It holds total assets of $314K. Annual income is reported at $94K. Total assets have grown from $257K in 2011 to $322K in 2023. 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 2016 to 2023. According to available records, Margaret Collins Testamentary Trust has made 4 grants totaling $58K, with a median grant of $15K. The foundation has distributed between $12K and $32K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $32K distributed across 2 grants. Individual grants have ranged from $12K to $16K, with an average award of $15K. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
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.
Margaret Collins Testamentary Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IA.
Margaret Collins Testamentary Trust has distributed a total of $58K across 4 grants. The median grant size is $15K, with an average of $15K. Individual grants have ranged from $12K to $16K.
Margaret Collins Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Margaret Collins Testamentary Trust is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $5K | $0 | $5K |
Total Giving
$21K
Total Assets
$322K
Fair Market Value
$313K
Net Worth
$322K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$15K
Total Grants
4
Total Giving
$58K
Average Grant
$15K
Median Grant
$15K
Unique Recipients
1
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Regina FoundationSCHOLARSHIPS | Iowa City, IA | $12K | 2023 |