Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Minnie B Hedrick Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1958. The principal officer is 1st National Bk Of Kansas City. It holds total assets of $2.8M. Annual income is reported at $636K. The foundation is governed by 5 officers and trustees. Tax records are available from 2016 to 2023. According to available records, Minnie B Hedrick Trust has made 11 grants totaling $544K, with a median grant of $50K. The foundation has distributed between $125K and $288K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $288K distributed across 4 grants. Individual grants have ranged from $1K to $100K, with an average award of $49K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Missouri. 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.
Minnie B Hedrick Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MO.
Minnie B Hedrick Trust has distributed a total of $544K across 11 grants. The median grant size is $50K, with an average of $49K. Individual grants have ranged from $1K to $100K.
The application deadline is MARCH 30 AND SEPTEMBER 30 OF EACH YEAR. Grants restricted to qualified charitable organizations in livingston county, missouri.
Minnie B Hedrick Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $27K | $0 | $27K |
| Jim Staton | COMMITTEE MEMBER | $0 | $0 | N/A |
| Mike Turner | COMMITTEE MEMBER | $0 | $0 | N/A |
| Bill Hayen | COMMITTEE MEMBER | $0 | $0 | N/A |
| Barbara Lame | COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
$171K
Total Assets
$2.7M
Fair Market Value
$3.1M
Net Worth
$2.7M
Grants Paid
$131K
Contributions
N/A
Net Investment Income
$69K
Distribution Amount
$146K
Total Grants
11
Total Giving
$544K
Average Grant
$49K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chillicothe R-Ii School DistrictGRANT FOR CONSTRUCTION OF | Chillicothe, MO | $100K | 2023 |
| Chillicothe Cemetery AssnCAPITAL PROJECTS | Chillicothehillicothe, MO | $25K | 2023 |
| Chillicothe Wrestling Club IncFACILITY EXPANSION | Chillicothe, MO | $5K | 2023 |
| Livingston County Veterans AssociationNEW VETERANS BUILDING | Chillicothe, MO | $1K | 2023 |
| Chillicothe EducationalCAPITAL IMPROVEMENTS | Chillicothe, MO | $94K | 2022 |
| Livingston County Humane SocietyFACILITY REPAIRS | Chillicothe, MO | $25K | 2020 |