Mark Paul Terk Charitable Trust is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is % Foundation Source. It holds total assets of $8.6M. Annual income is reported at $3.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mark Paul Terk Charitable Trust has made 16 grants totaling $7.1M, with a median grant of $45K. Annual giving has grown from $1.6M in 2020 to $2.2M in 2023. Grantmaking activity was highest in 2022 with $3.3M distributed across 8 grants. Individual grants have ranged from $5K to $2.1M, with an average award of $446K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and Florida and Illinois. Contributions to this foundation are tax-deductible.
Mark Paul Terk Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX, FL, IL.
Mark Paul Terk Charitable Trust has distributed a total of $7.1M across 16 grants. The median grant size is $45K, with an average of $446K. Individual grants have ranged from $5K to $2.1M.
Mark Paul Terk Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mark Paul Terk Charitable Trust is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Glenn R Staack | Trustee | $391K | $0 | $391K |
| Connie Frost | Paid Employee | $0 | $0 | $0 |
Total Giving
$2.9M
Total Assets
$11.7M
Fair Market Value
$19.4M
Net Worth
$11.7M
Grants Paid
$2.2M
Contributions
$0
Net Investment Income
$1.4M
Distribution Amount
$939K
Total: $6.7M
Total Grants
16
Total Giving
$7.1M
Average Grant
$446K
Median Grant
$45K
Unique Recipients
7
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mark Terk Charitable FoundationExpenditure Responsibility Grant | Frisco, TX | $2.1M | 2023 |
| Uvalde County Junior Livestock Show AssociationGeneral & Unrestricted | Uvalde, TX | $40K | 2023 |
| Ocean Sole Africa IncGeneral & Unrestricted | Ponte Vedra, FL | $25K | 2023 |
| Uvalde Festival And Events Association IncChildren's Fishing Derby | Uvalde, TX | $5K | 2023 |
| Valero Energy FoundationUkrainian Relief Efforts |
| San Antonio, TX |
| $50K |
| 2022 |
| Colchester Area Gathering PlaceGeneral & Unrestricted | Colchester, IL | $24K | 2020 |
| Humane Society Of Uvaldefund the Flights To Furever program | Uvalde, TX | $10K | 2020 |
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