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Mary L Furscott Charitable Foundation is a private trust based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 2012. The principal officer is Alan M Hux Ttee. It holds total assets of $593K. Annual income is reported at $16K. Total assets have grown from N/A in 2011 to $456K in 2023. 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, Mary L Furscott Charitable Foundation has made 9 grants totaling $51K, with a median grant of $5K. Annual giving has decreased from $12K in 2021 to $5K in 2023. Grantmaking activity was highest in 2022 with $34K distributed across 6 grants. Individual grants have ranged from $2K to $10K, with an average award of $6K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Indiana and Texas and Illinois. 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.
Mary L Furscott Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in IN, TX, IL.
Mary L Furscott Charitable Foundation has distributed a total of $51K across 9 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $2K to $10K.
Mary L Furscott Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mary L Furscott Charitable Foundation is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan M Hux | Trustee | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$456K
Fair Market Value
$456K
Net Worth
$456K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$21K
Total: $445K
Total Grants
9
Total Giving
$51K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shepherd Community CenterCommunity service to residentsof near eastside Indianapolis(food security, mentoring, education, & advocacy). | Indianapolis, IN | $5K | 2023 |
| Susan G KomenBreast cancerresearch andpatient assistance | Dallas, TX | $5K | 2022 |
| Special Olympics IndianaSports programsfor intellectuallydisabled persons | Indianapolis, IN | $2K | 2022 |
| United Way Of Central IndianaSupport programs whichimprove the lives offamilies in poverty | Indianapolis, IN | $7K | 2021 |
| Rush University Medical CenterTo advance healthcare andeducation | Chicago, IL | $5K | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN