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Margarete & Siegfried Eckhaus Charitable Remainder Unitrust is a private corporation based in GLEN ALLEN, VA. The foundation received its IRS ruling in 2007. The principal officer is First Market Bank. It holds total assets of $536K. Annual income is reported at $125K. 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 2017 to 2023. Grantmaking is concentrated in Virginia. According to available records, Margarete & Siegfried Eckhaus Charitable Remainder Unitrust has made 18 grants totaling $87K, with a median grant of $4K. The foundation has distributed between $29K and $29K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $29K distributed across 5 grants. Individual grants have ranged from $2K to $13K, with an average award of $5K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$8K
Based on 7 grants from the most recent 990-PF filing.
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.
Margarete & Siegfried Eckhaus Charitable Remainder Unitrust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in VA.
Margarete & Siegfried Eckhaus Charitable Remainder Unitrust has distributed a total of $87K across 18 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $2K to $13K.
Margarete & Siegfried Eckhaus Charitable Remainder Unitrust typically selects its grantees rather than accepting unsolicited proposals.
Margarete & Siegfried Eckhaus Charitable Remainder Unitrust is headquartered in GLEN ALLEN, VA.
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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
$37K
Total Assets
$559K
Fair Market Value
$613K
Net Worth
$559K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$71K
Distribution Amount
$37K
Total: $518K
Total Grants
18
Total Giving
$87K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
7
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SparcGENERAL NEEDS OF THE | Richmond, VA | $3K | 2022 |
| Child SaversGENERAL NEEDS OF THE | Richmond, VA | $10K | 2022 |
| Richmond BalletGENERAL NEEDS OF THE | Richmond, VA | $5K | 2022 |
| Richmond SymphonyGENERAL NEEDS OF THE | Richmond, VA | $5K | 2022 |
| Communities In SchoolsEDUCATION | Richmond, VA | $3K | 2022 |
| The Visual Arts CenterGENERAL NEEDS OF THE | Richmond, VA | $3K | 2022 |
| Swift Creek Mill Theatre IncGENERAL NEEDS OF THE | South Chesterfield, VA | $2K | 2020 |