Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Marguerite Magraw Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1975. The principal officer is The Colonial Bank & Trust Company. It holds total assets of $1.4M. Annual income is reported at $219K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including Connecticut, Massachusetts, Pennsylvania. According to available records, Marguerite Magraw Trust has made 67 grants totaling $151K, with a median grant of $2K. Annual giving has grown from $41K in 2020 to $60K in 2022. Individual grants have ranged from $500 to $8K, with an average award of $2K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Connecticut, Massachusetts, New York, which account for 69% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$8K
Based on 17 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.
Marguerite Magraw Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in CT, MA, NY.
Marguerite Magraw Trust has distributed a total of $151K across 67 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $8K.
Marguerite Magraw Trust typically selects its grantees rather than accepting unsolicited proposals.
Marguerite Magraw Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $15K | $0 | $15K |
| Ron Ciasullo | SCHOLARSHIP COMMITTEE MEMBER | $600 | $0 | $600 |
| Mary Beth Hanks | SCHOLARSHIP COMMITTEE MEMBER | $350 | $0 | $350 |
| Edward Ditota | SCHOLARSHIP COMMITTEE MEMBER | $350 | $0 | $350 |
Total Giving
$86K
Total Assets
$1.3M
Fair Market Value
$1.4M
Net Worth
$1.3M
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$70K
Total Grants
67
Total Giving
$151K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
40
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of HartfordSCHOLARSHIPS | West Hartford, CT | $2K | 2022 |
| Sacred Heart UniversitySCHOLARSHIPS | Fairfield, CT | $8K | 2022 |
| University Of ConnecticutSCHOLARSHIPS | Storrs, CT | $8K | 2022 |
| Assumption UniversitySCHOLARSHIPS | Worcester, MA | $5K | 2022 |
| Western Ct State UniversitySCHOLARSHIPS | Danbury, CT | $4K | 2022 |
| Penn State UniversitySCHOLARSHIPS | State College, PA | $4K | 2022 |
| Embry Riddle Aeronautical UnivSCHOLARSHIPS | Daytona Beach, FL | $4K | 2022 |
| College Of Saint RoseSCHOLARSHIPS | Albany, NY | $4K | 2022 |
| Endicott CollegeSCHOLARSHIPS | Beverly, MA | $4K | 2022 |
| University Of MaineSCHOLARSHIPS | Orono, ME | $4K | 2022 |
| Springfield CollegeSCHOLARSHIPS | Springfield, MA | $4K | 2022 |
| Western New England UniversitySCHOLARSHIPS | Springfield, MA | $3K | 2022 |
| Howard UniversitySCHOLARSHIPS | Washington, DC | $2K | 2022 |
| Fairfield UniversitySCHOLARSHIPS | Fairfield, CT | $2K | 2022 |
| Quinnipiac UniversitySCHOLARSHIPS | Hamden, CT | $2K | 2022 |
| University Of RochesterSCHOLARSHIPS | Rochester, NY | $2K | 2022 |
| Gettysburg CollegeSCHOLARSHIPS | Gettysburg, PA | $1K | 2022 |
| New York UniversitySCHOLARSHIPS | New York City, NY | $3K | 2021 |
| Providence CollegeSCHOLARSHIPS | Providence, RI | $3K | 2021 |
| Eastern Ct State UniversitySCHOLARSHIPS | Willimantic, CT | $3K | 2021 |
| Emmanuel CollegeSCHOLARSHIPS | Franklin Springs, GA | $3K | 2021 |
| Norfolk State UniversitySCHOLARSHIPS | Norfolk, MA | $2K | 2021 |
| Sienna CollegeSCHOLARSHIPS | Loudonville, NY | $1K | 2021 |
| Thomas Jefferson UniversitySCHOLARSHIPS | Philadelphia, PA | $1K | 2021 |
| University Of Saint JosephSCHOLARSHIPS | West Hartford, CT | $500 | 2021 |
| Albertus Magnus CollegeSCHOLARSHIPS | New Haven, CT | $500 | 2021 |
| University Of New HavenSCHOLARSHIPS | West Haven, CT | $2K | 2020 |
| Rensselaer Polytech InstituteSCHOLARSHIPS | Troy, NY | $2K | 2020 |
| Boston CollegeSCHOLARSHIPS | Chestnut Hill, MA | $2K | 2020 |
| Worcester Polytechnic InstituteSCHOLARSHIPS | Worcester, MA | $2K | 2020 |
| Suny Empire State CollegeSCHOLARSHIPS | Saratoga Springs, NY | $2K | 2020 |