Also known as: 1997 CHARITABLE TRUST
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Mary Leas Johnson Richards 1997 Charitable Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1998. The principal officer is Oconnor Davies. It holds total assets of $852K. Annual income is reported at $484K. Total assets have decreased from $1.3M in 2010 to $1M in 2022. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Mary Leas Johnson Richards 1997 Charitable Trust has made 10 grants totaling $360K, with a median grant of $33K. Annual giving has decreased from $120K in 2021 to $80K in 2023. Grantmaking activity was highest in 2022 with $160K distributed across 4 grants. Individual grants have ranged from $25K to $50K, with an average award of $36K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. 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 Leas Johnson Richards 1997 Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NY.
Mary Leas Johnson Richards 1997 Charitable Trust has distributed a total of $360K across 10 grants. The median grant size is $33K, with an average of $36K. Individual grants have ranged from $25K to $50K.
Mary Leas Johnson Richards 1997 Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mary Leas Johnson Richards 1997 Charitable Trust is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diana Elaine Bekmyrza | MANAGER/TRUSTEE | $0 | $0 | N/A |
| Kenneth Mersel | MANAGER/TRUSTEE | $0 | $0 | N/A |
Total Giving
$123K
Total Assets
$1M
Fair Market Value
$1.7M
Net Worth
$900K
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$76K
Total Grants
10
Total Giving
$360K
Average Grant
$36K
Median Grant
$33K
Unique Recipients
2
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The New York Center For ChildrenIN SUPPORT OF THE ORGANIZATION'S TAX EXEMPT PURPOSE | New York, NY | $50K | 2023 |
| Broadway Caresequity Fights AidsIN SUPPORT OF THE ORGANIZATION'S TAX EXEMPT PURPOSE | New York, NY | $30K | 2023 |