Myrie Bowen Shanks Charitable Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1995. The principal officer is % Jp Morgan Chase Bank Na. It holds total assets of $2.4M. Annual income is reported at $596K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Myrie Bowen Shanks Charitable Trust has made 12 grants totaling $521K, with a median grant of $34K. The foundation has distributed between $118K and $275K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $275K distributed across 6 grants. Individual grants have ranged from $30K to $69K, with an average award of $43K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Myrie Bowen Shanks Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX.
Myrie Bowen Shanks Charitable Trust has distributed a total of $521K across 12 grants. The median grant size is $34K, with an average of $43K. Individual grants have ranged from $30K to $69K.
Myrie Bowen Shanks Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Myrie Bowen Shanks Charitable Trust is headquartered in CHICAGO, IL.
Total Giving
$160K
Total Assets
$2.3M
Fair Market Value
$3M
Net Worth
$2.3M
Grants Paid
$118K
Contributions
$0
Net Investment Income
$79K
Distribution Amount
$141K
Total: $2.1M
Total Grants
12
Total Giving
$521K
Average Grant
$43K
Median Grant
$34K
Unique Recipients
3
Most Common Grant
$34K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Scottish Rite HospitalGENERAL | Dallas, TX | $30K | 2024 |
| W I Cook FoundationGENERAL | Fort Worth, TX | $59K | 2024 |
| Cal Farley'S Boys RanchGENERAL | Amarillo, TX | $30K | 2024 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
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