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Margaret L Porter Trust is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1972. The principal officer is Wachovia Bank Na. It holds total assets of $2M. Annual income is reported at $897K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Margaret L Porter Trust has made 4 grants totaling $226K, with a median grant of $54K. The foundation has distributed between $103K and $123K annually from 2020 to 2022. Individual grants have ranged from $26K to $93K, with an average award of $56K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in 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 L Porter Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in VA.
Margaret L Porter Trust has distributed a total of $226K across 4 grants. The median grant size is $54K, with an average of $56K. Individual grants have ranged from $26K to $93K.
Margaret L Porter Trust typically selects its grantees rather than accepting unsolicited proposals.
Margaret L Porter Trust is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $31K | $0 | $31K |
Total Giving
$143K
Total Assets
$2.1M
Fair Market Value
$2.3M
Net Worth
$2.1M
Grants Paid
$110K
Contributions
N/A
Net Investment Income
$38K
Distribution Amount
$111K
Total: N/A
Total Grants
4
Total Giving
$226K
Average Grant
$56K
Median Grant
$54K
Unique Recipients
2
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Protestant Episcopal TheologicalGENERAL OPERATING | Alexandria, VA | $93K | 2022 |
| Martha Jefferson HospitalGENERAL OPERATING | Charlottesville, VA | $30K | 2022 |