//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Nearing Charitable Trust 43r646019 is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2007. The principal officer is Regions Bank Trust Dept. It holds total assets of $4.6M. Annual income is reported at $752K. Total assets have grown from $2.5M in 2011 to $4.7M 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 2016 to 2023. The foundation primarily funds organizations in Illinois and New York. According to available records, Nearing Charitable Trust 43r646019 has made 18 grants totaling $813K, with a median grant of $29K. Annual giving has grown from $241K in 2020 to $572K in 2022. Individual grants have ranged from $7K to $106K, with an average award of $45K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Illinois and Missouri and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$24K
Average Grant
$40K
Largest Grant
$89K
Based on 6 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.
Nearing Charitable Trust 43r646019 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, MO, NY.
Nearing Charitable Trust 43r646019 has distributed a total of $813K across 18 grants. The median grant size is $29K, with an average of $45K. Individual grants have ranged from $7K to $106K.
Nearing Charitable Trust 43r646019 typically selects its grantees rather than accepting unsolicited proposals.
Nearing Charitable Trust 43r646019 is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $30K | $0 | $30K |
Total Giving
$286K
Total Assets
$4.7M
Fair Market Value
$5.2M
Net Worth
$4.7M
Grants Paid
$253K
Contributions
N/A
Net Investment Income
$151K
Distribution Amount
$248K
Total Grants
18
Total Giving
$813K
Average Grant
$45K
Median Grant
$29K
Unique Recipients
11
Most Common Grant
$29K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Macon Co Il Conservation Dist (SpecialGENERAL OPERATING | Decatur, IL | $106K | 2022 |
| Illinois Masonic Home William J WarmothGENERAL OPERATING | Charleston, IL | $86K | 2022 |
| Westminster Presbyterian ChurchGENERAL OPERATING | Decatur, IL | $29K | 2022 |
| Macon Co Historical SocGENERAL OPERATING | Decatur, IL | $29K | 2022 |
| Audubon Society Of DecaturGENERAL OPERATING | Decatur, IL | $29K | 2022 |
| United States Of America Chess FederatioGENERAL OPERATING | Saint Louis, MO | $9K | 2022 |
| Macon County Il Conservation DistGENERAL OPERATING | Decatur, IL | $89K | 2020 |
| Illinois Masonic HomeGENERAL OPERATING | Charleston, IL | $72K | 2020 |
| Decatur Audubon SocietyGENERAL OPERATING | Decatur, IL | $24K | 2020 |
| Macon Co Historical SocietyGENERAL OPERATING | Decatur, IL | $24K | 2020 |
| United States Chess TrustGENERAL OPERATING | Wallkill, NY | $7K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL