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Margaret G Nesbitt Trust R7292001 is a private trust based in WHEELING, WV. The foundation received its IRS ruling in 1998. The principal officer is Wesbanco Trust & Investment Servi. It holds total assets of $315K. Annual income is reported at $41K. The foundation operates in the area of philanthropy & grantmaking. 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 G Nesbitt Trust R7292001 has made 4 grants totaling $60K, with a median grant of $15K. The foundation has distributed between $14K and $16K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $16K distributed across 1 grants. Individual grants have ranged from $14K to $16K, with an average award of $15K. Grant recipients are concentrated in West Virginia. 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 G Nesbitt Trust R7292001 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in WV.
Margaret G Nesbitt Trust R7292001 has distributed a total of $60K across 4 grants. The median grant size is $15K, with an average of $15K. Individual grants have ranged from $14K to $16K.
Margaret G Nesbitt Trust R7292001 typically selects its grantees rather than accepting unsolicited proposals.
Margaret G Nesbitt Trust R7292001 is headquartered in WHEELING, WV.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$17K
Total Assets
$307K
Fair Market Value
$309K
Net Worth
$307K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$14K
Total: $284K
Total Grants
4
Total Giving
$60K
Average Grant
$15K
Median Grant
$15K
Unique Recipients
1
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Russell Nesbitt Services IncGENERAL | Wheeling, WV | $15K | 2023 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV