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Also known as: C/O INVESTORS TRUST COMPANY
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Melvin And Zora Rash Charitable Trust is a private trust based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2014. The principal officer is Investors Trust Company Giner Rou. It holds total assets of $1.1M. Annual income is reported at $387K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Melvin And Zora Rash Charitable Trust has made 12 grants totaling $199K, with a median grant of $17K. Annual giving has grown from $60K in 2021 to $139K in 2022. Individual grants have ranged from $15K to $17K, with an average award of $17K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$15K
Average Grant
$15K
Largest Grant
$15K
Based on 4 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.
Melvin And Zora Rash Charitable Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NC.
Melvin And Zora Rash Charitable Trust has distributed a total of $199K across 12 grants. The median grant size is $17K, with an average of $17K. Individual grants have ranged from $15K to $17K.
Melvin And Zora Rash Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Melvin And Zora Rash Charitable Trust is headquartered in CHAPEL HILL, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Investors Trust Company | TRUSTEE | $14K | $0 | $14K |
Total Giving
$83K
Total Assets
$992K
Fair Market Value
$1.3M
Net Worth
$992K
Grants Paid
$64K
Contributions
N/A
Net Investment Income
$107K
Distribution Amount
$61K
Total: $869K
Total Grants
12
Total Giving
$199K
Average Grant
$17K
Median Grant
$17K
Unique Recipients
4
Most Common Grant
$17K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chapel Hill - Carrboro Public School FoundationTO FURTHER CHARITABLE PURPOSE OF RECIPIENT | Carrboro, NC | $17K | 2022 |
| Judea Reform Congregation Religious SchoolTO FURTHER CHARITABLE PURPOSE OF RECIPIENT | Durham, NC | $17K | 2022 |
| Mel & Zora Rashkis Elementary SchoolTO FURTHER CHARITABLE PURPOSE OF RECIPIENT | Chapel Hill, NC | $17K | 2022 |
| Sandra E Lerner Jewish Community SchoolTO FURTHER CHARITABLE PURPOSE OF RECIPIENT | Durham, NC | $17K | 2022 |