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Olaf S Wessel Charitable Trust 1215017200 is a private trust based in COLUMBUS, OH. The foundation received its IRS ruling in 1993. The principal officer is Huntington Trust Co Na Hc 1012. It holds total assets of $1.2M. Annual income is reported at $236K. Total assets have grown from $962K in 2011 to $1.2M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Ohio, New York and Maryland. According to available records, Olaf S Wessel Charitable Trust 1215017200 has made 30 grants totaling $318K, with a median grant of $7K. Annual giving has grown from $76K in 2021 to $107K in 2023. Grantmaking activity was highest in 2022 with $136K distributed across 12 grants. Individual grants have ranged from $5K to $38K, with an average award of $11K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Ohio and New York and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$7K
Average Grant
$11K
Largest Grant
$34K
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.
Olaf S Wessel Charitable Trust 1215017200 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in OH, NY, MD.
Olaf S Wessel Charitable Trust 1215017200 has distributed a total of $318K across 30 grants. The median grant size is $7K, with an average of $11K. Individual grants have ranged from $5K to $38K.
Olaf S Wessel Charitable Trust 1215017200 typically selects its grantees rather than accepting unsolicited proposals.
Olaf S Wessel Charitable Trust 1215017200 is headquartered in COLUMBUS, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Huntington National Bank | TRUSTEE | $15K | $0 | $15K |
Total Giving
$80K
Total Assets
$1.2M
Fair Market Value
$1.4M
Net Worth
$1.2M
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$87K
Distribution Amount
$65K
Total: $1.1M
Total Grants
30
Total Giving
$318K
Average Grant
$11K
Median Grant
$7K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchPROVIDE FUNDS FOR CHURCH | New Philadelphia, OH | $27K | 2023 |
| Salvation ArmyFUND OPERATIONS FOR | West Nyack, NY | $5K | 2023 |
| Goucher CollegePROVIDE EDUCATIONAL | Towson, MD | $5K | 2023 |
| Tuscarawas County YmcaPROVIDE FUNDS FOR COMMUNITY | Dover, OH | $5K | 2023 |
| Kiwanis Club Of New Phila OhioCHARITABLE PURPOSE | New Philadelphia, OH | $5K | 2023 |
| Boy Scouts Of AmericaSUPPORT ACTIVITIES FOR BOY | Canton, OH | $5K | 2023 |