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Mendon B Krischer Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2007. The principal officer is Jp Morgan Chase Bank Na. It holds total assets of $682K. Annual income is reported at $314K. 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 2016 to 2023. According to available records, Mendon B Krischer Trust has made 3 grants totaling $118K, with a median grant of $38K. The foundation has distributed between $38K and $42K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $42K distributed across 1 grants. Individual grants have ranged from $38K to $42K, with an average award of $39K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. 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.
Mendon B Krischer Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TX.
Mendon B Krischer Trust has distributed a total of $118K across 3 grants. The median grant size is $38K, with an average of $39K. Individual grants have ranged from $38K to $42K.
Mendon B Krischer Trust typically selects its grantees rather than accepting unsolicited proposals.
Mendon B Krischer Trust is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $14K | $0 | $14K |
Total Giving
$53K
Total Assets
$683K
Fair Market Value
$868K
Net Worth
$683K
Grants Paid
$38K
Contributions
N/A
Net Investment Income
$21K
Distribution Amount
$41K
Total: $625K
Total Grants
3
Total Giving
$118K
Average Grant
$39K
Median Grant
$38K
Unique Recipients
2
Most Common Grant
$38K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mendon B Krischer Memorial FundGENERAL | College Station, TX | $38K | 2023 |
| Texas A & M UniversityGENERAL | Houston, TX | $38K | 2021 |