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Motamed Family Foundation Trust is a private trust based in KIAWAH ISLAND, SC. The foundation received its IRS ruling in 2017. The principal officer is Thomas F Motamed. It holds total assets of $413K. Annual income is reported at $89K. Total assets have decreased from $3.9M in 2019 to $431K in 2023. 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 2017 to 2023. The foundation primarily funds organizations in North Carolina, South Carolina and New York. According to available records, Motamed Family Foundation Trust has made 14 grants totaling $1.6M, with a median grant of $25K. Annual giving has decreased from $1.2M in 2020 to $400K in 2022. Individual grants have ranged from $25K to $1M, with an average award of $114K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in South Carolina and North Carolina and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$25K
Average Grant
$40K
Largest Grant
$100K
Based on 5 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.
Motamed Family Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in SC, NC, NY.
Motamed Family Foundation Trust has distributed a total of $1.6M across 14 grants. The median grant size is $25K, with an average of $114K. Individual grants have ranged from $25K to $1M.
Motamed Family Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Motamed Family Foundation Trust is headquartered in KIAWAH ISLAND, SC. While based in SC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christine B Motamed | Trustee | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$431K
Fair Market Value
$431K
Net Worth
$431K
Grants Paid
$1.1M
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total: $411K
Total Grants
14
Total Giving
$1.6M
Average Grant
$114K
Median Grant
$25K
Unique Recipients
9
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Medical Society Of ScResearch | Charlston, SC | $100K | 2022 |
| Charleston Library SocietyGeneral Operations | Charleston, SC | $25K | 2022 |
| Wake Forest FundGeneral Operations | Winstonsalem, NC | $25K | 2022 |
| Linville FoundationGeneral Operations | Linville, NC | $25K | 2022 |
| Adelphi UniversityGeneral Operations | Garden City, NY | $25K | 2022 |
| Medical University Of South CarolinaHeart and Vascular Center | Charlston, SC | $1M | 2020 |
| International African-American MuseumThe Museum | Charlston, SC | $100K | 2020 |
| The Gibbs Museum Of ArtGibbs Facility Fund | Charleston, SC | $75K | 2020 |
| Charlston Library SocietyNext Chapter Campaign | Charlston, SC | $25K | 2020 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC