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Mary C Jolly Trust Agreement is a private corporation based in WESTERLY, RI. The foundation received its IRS ruling in 1995. The principal officer is Washington Trust Company Ttee. It holds total assets of $320K. Annual income is reported at $79K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Rhode Island, Oklahoma and Florida. According to available records, Mary C Jolly Trust Agreement has made 23 grants totaling $47K, with a median grant of $2K. Annual giving has grown from $6K in 2020 to $17K in 2023. Individual grants have ranged from $500 to $4K, with an average award of $2K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Rhode Island, Florida, Oklahoma, which account for 78% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
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.
Mary C Jolly Trust Agreement is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in RI, FL, OK.
Mary C Jolly Trust Agreement has distributed a total of $47K across 23 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $4K.
Mary C Jolly Trust Agreement typically selects its grantees rather than accepting unsolicited proposals.
Mary C Jolly Trust Agreement is headquartered in WESTERLY, RI. While based in RI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Washington Trust Company | Trustee | $5K | $0 | $5K |
Total Giving
$22K
Total Assets
$293K
Fair Market Value
$402K
Net Worth
$293K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$19K
Total: $255K
Total Grants
23
Total Giving
$47K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Memorial & Library Association OfOPERATIONS | Westerly, RI | $4K | 2023 |
| American Cancer Society IncOPERATIONS | Oklahoma City, OK | $4K | 2023 |
| American Heart AssociationCONTRIBUTION PURSUANT TO | St Petersburg, FL | $4K | 2023 |
| University Of New HampshireSCHOLARSHIP | Durham, NH | $2K | 2023 |
| St Bonaventure UniversitySCHOLARSHIPS | St Bonaventure, NY | $1K | 2023 |
| University Of Rhode IslandSCHOLARSHIPS | Kingston, RI | $1K | 2023 |
| Lynn UniversityUNRESTRICTED GIFT | Boca Raton, FL | $824 | 2022 |
| Plymouth State UniversitySCHOLARSHIPS | Plymouth, NH | $822 | 2022 |
| Community College Of Rhode IslandSCHOLARSHIPS | Warwick, RI | $536 | 2022 |
| Bryant UniversitySCHOLARSHIP | Smithfield, RI | $500 | 2022 |
| The University Of ArizonaSCHOLARSHIPS | Tuscon, AZ | $906 | 2021 |
| University Of Massachusetts DartmouthSCHOLARSHIPS | Dartmouth, MA | $906 | 2021 |