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Marie E Cruess Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2013. The principal officer is Bank Of America Na. It holds total assets of $703K. Annual income is reported at $152K. Total assets have grown from $508K in 2012 to $682K in 2023. The foundation is governed by 2 officers and trustees. 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 2020 to 2023. Grantmaking is concentrated in California. According to available records, Marie E Cruess Charitable Trust has made 15 grants totaling $161K, with a median grant of $11K. The foundation has distributed between $25K and $76K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $76K distributed across 6 grants. Individual grants have ranged from $8K to $13K, with an average award of $11K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$9K
Median Grant
$9K
Average Grant
$9K
Largest Grant
$9K
Based on 3 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.
Marie E Cruess Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA.
Marie E Cruess Charitable Trust has distributed a total of $161K across 15 grants. The median grant size is $11K, with an average of $11K. Individual grants have ranged from $8K to $13K.
Marie E Cruess Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Marie E Cruess Charitable Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | CO-TRUSTEE | $6K | $0 | $6K |
| Elizabeth Beyer | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$682K
Fair Market Value
$738K
Net Worth
$682K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$34K
Total Grants
15
Total Giving
$161K
Average Grant
$11K
Median Grant
$11K
Unique Recipients
3
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Tamalpais Medical CenterUNRESTRICTED GENERAL | San Francisco, CA | $8K | 2023 |
| Institute Of Food TechnologistsUNRESTRICTED GENERAL | Belmont, CA | $8K | 2023 |
| Youth Homes IncUNRESTRICTED GENERAL | Walnut Creek, CA | $8K | 2023 |