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Also known as: c/o Cummings & Lockwood (BCD)
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Marie Fauth Charitable Trust is a private trust based in GREENWICH, CT. The foundation received its IRS ruling in 2005. The principal officer is Cummings & Lockwood Bcd. It holds total assets of $6.9M. Annual income is reported at $2.9M. Total assets have grown from $5.4M in 2010 to $6.6M in 2022. The foundation is governed by 1 officer or trustee. 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. According to available records, Marie Fauth Charitable Trust has made 6 grants totaling $2.3M, with a median grant of $398K. Annual giving has grown from $340K in 2020 to $770K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 3 grants. Individual grants have ranged from $340K to $410K, with an average award of $390K. Grant recipients are concentrated in Ohio. 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.
Marie Fauth Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in OH.
Marie Fauth Charitable Trust has distributed a total of $2.3M across 6 grants. The median grant size is $398K, with an average of $390K. Individual grants have ranged from $340K to $410K.
Marie Fauth Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Marie Fauth Charitable Trust is headquartered in GREENWICH, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| B Cort Delany Cummings Lockwood | Trustee | $43K | $0 | $43K |
Total Giving
$464K
Total Assets
$6.6M
Fair Market Value
$7.2M
Net Worth
$6.6M
Grants Paid
$385K
Contributions
N/A
Net Investment Income
$747K
Distribution Amount
$350K
Total: $6.4M
Total Grants
6
Total Giving
$2.3M
Average Grant
$390K
Median Grant
$398K
Unique Recipients
1
Most Common Grant
$410K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable Gift FundGeneral Charitable | Cincinnati, OH | $385K | 2023 |