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Mj Charitable Trust is a private trust based in MARINETTE, WI. The foundation received its IRS ruling in 2020. The principal officer is Stephenson National Bank. It holds total assets of $978K. Annual income is reported at $397K. 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, Mj Charitable Trust has made 8 grants totaling $195K, with a median grant of $25K. Annual giving has grown from $42K in 2021 to $54K in 2023. Grantmaking activity was highest in 2022 with $99K distributed across 4 grants. Individual grants have ranged from $21K to $27K, with an average award of $24K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Wisconsin. 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.
Mj Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in WI.
Mj Charitable Trust has distributed a total of $195K across 8 grants. The median grant size is $25K, with an average of $24K. Individual grants have ranged from $21K to $27K.
Mj Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mj Charitable Trust is headquartered in MARINETTE, WI.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$65K
Total Assets
$878K
Fair Market Value
$1M
Net Worth
$878K
Grants Paid
$54K
Contributions
N/A
Net Investment Income
$36K
Distribution Amount
$47K
Total Grants
8
Total Giving
$195K
Average Grant
$24K
Median Grant
$25K
Unique Recipients
2
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Trinity Evangelical Lutheran SchoolGENERAL FINANCIAL SUPPORT | Marinette, WI | $27K | 2023 |
| Wisconsin Evangelical Lutheran SeminaryGENERAL FINANCIAL SUPPORT | Mequon, WI | $27K | 2023 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI