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Marion W Rich Fund 57085052 is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1982. The principal officer is Baybank Norfolk. It holds total assets of $817K. Annual income is reported at $185K. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Marion W Rich Fund 57085052 has made 12 grants totaling $157K, with a median grant of $16K. The foundation has distributed between $35K and $42K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $42K distributed across 3 grants. Individual grants have ranged from $5K to $20K, with an average award of $13K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$16K
Average Grant
$13K
Largest Grant
$17K
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.
Marion W Rich Fund 57085052 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MA.
Marion W Rich Fund 57085052 has distributed a total of $157K across 12 grants. The median grant size is $16K, with an average of $13K. Individual grants have ranged from $5K to $20K.
The application deadline is CONTACT BANK OF AMERICA. Contact bank of america c/o dian quinn.
Marion W Rich Fund 57085052 is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $12K | $0 | $12K |
Total Giving
$55K
Total Assets
$786K
Fair Market Value
$914K
Net Worth
$786K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$42K
Total Grants
12
Total Giving
$157K
Average Grant
$13K
Median Grant
$16K
Unique Recipients
4
Most Common Grant
$17K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Congregational ChurchUNRESTRICTED GENERAL | Norwood, MA | $17K | 2022 |
| United Church Of NorwoodUNRESTRICTED GENERAL | Norwood, MA | $18K | 2023 |
| First Congregational Church In NorwoodUNRESTRICTED GENERAL | Norwood, MA | $16K | 2023 |
| First Baptist Church Of NorwoodUNRESTRICTED GENERAL | Norwood, MA | $6K | 2023 |